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Rare opportunity to acquire a fully renovated, condo-quality four-family investment property offering a 6.6% in-place cap rate with additional future upside. Ideally positioned between Nubian Square and Fort Hill, 34 Circuit Street offers convenient access to the Longwood Medical Area, Boston Medical Center, Northeastern University, Downtown Boston, public transportation, and the continued development throughout the Roxbury corridor. Spanning approximately 7,365 square feet, the property features four spacious, thoughtfully designed residences with condo quality finishes and desirable unit mix: one 2-bedroom, 2-bath apartment, one 4-bedroom, 1.5-bath apartment, and two expansive 5-bedroom, 2-bath apartments. Each residence features updated kitchens and baths, quality finishes, generous living spaces, and layouts designed for both livability and strong rental performance. Three off-street parking spaces. Currently generating $216,000 in annual gross rental income, the property is 100% occupied with all four units leased through August 31, 2027, providing exceptional income stability from day one. The property is projected to achieve a 7.1% capitalization rate in 2027, offering investors a compelling combination of immediate cash flow and future upside. The condo-quality renovations and strong unit mix make this a truly turnkey multifamily investment. Its larger floor plans, parking, and proximity to major employment, medical, educational, and transportation hubs support continued rental demand. Positioned between Nubian Square and Fort Hill, 34 Circuit Street is well situated to benefit from continued public and private investment throughout the surrounding area. A compelling opportunity for a 1031 exchange, portfolio expansion, or long-term investment, combining scale, stabilized income, quality renovations, parking, and future growth potential in one of Boston's evolving multifamily markets. Pro forma available upon request.
More Info
Basic Information
- Gross Income $214,200
- Mls StatusNew
- Parcel Number 1200624000,3396999
- Rent Includes Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
Tax Information
- Tax Assessed Value $1,163,400
- Tax Year 2027
- Taxes$14,558
Parking
- Open Parking YN Yes
- Parking Features Paved Drive, Off Street
- Parking Spaces3
Rooms
- Bathroom8
- Bathrooms Total Decimal 7.5
- Bedrooms17
- Full Bath7
- Half Baths1
Basic Information
- List Price$2,650,000
- MLS Number73577592
- Modification Date09/16/2026
- Property SubType4 Family - 4 Units Up/Down
- Virtual TourView Tour
Location
- Address34 Circuit Street
- Building Number34
- CountySuffolk
- NeighborhoodRoxbury's Fort Hill
- StateMA
- StreetCircuit Street
- SubdivisionRoxbury's Fort Hill
- TownBoston
- Zip02119
Building
- BasementPartial, Interior Entry
- Building Area Units Square Feet
- Construction Materials Stone
- FoundationGranite, Other
- Foundation Area 9999
- Levels 5
- Patio And Porch Features Porch, Deck - Wood
- Rooms32
- Stories5
- Units4
- Year Built1905
- Year Built Details Approximate
- Year Built Source Public Records
Property
- Acreage0.11
Interior
- Flooring Tile, Hardwood
- Interior Features Bathroom With Tub & Shower, Living Room, Kitchen, Living RM/Dining RM Combo
Exterior
- Exterior Features Balcony/Deck, Balcony
- RoofRubber
Utilities
- Cooling Central Air, Heat Pump
- Cooling YN Yes
- Heat SystemYes
- Heating Forced Air, Heat Pump, Electric
- Sewer Public Sewer
- Water Source Public
Property Information
- Building Area Source Public Records
- Living Area 7,365
- Lot Size Square Feet 4,981
- Lot Size Units Acres
- Square Feet7,365
Amenities
- AmenitiesPublic Transportation, Shopping, Park
- Appliances IncludedRange, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
- Other AmenitiesBasement
Legal
- Zoning12
Other
- Date Listed09/15/2026
- Farm Land Area Units Square Feet
- View Count1
Map Location
Listed by Mission Realty Advisors of Compass
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