83-85 Highland Street Boston, MA 02119
Listing Courtesy of: MLS PIN / Listed By: Mission Realty Advisors, Compass

  83-85 Highland Street Boston, MA 02119

Active
$2,475,000 (USD)
15
BED
6
BATH
5,748
SQFT

Description

Rarely available at this scale, this substantial Fort Hill three-family offers 15 bedrooms, 6 bathrooms, nearly 5,750 square feet of rentable living area, strong in-place income, and a current 6.76% cap rate in one of Boston’s most strategically located rental markets. Each of the three expansive residences features 5 bedrooms and 2 full bathrooms, with renovated kitchens and 2 full bathrooms and the added convenience of in-unit laundry. Fully leased through August 31, 2027, the property currently generates $16,725 per month and $200,700 in annual gross rental income, providing immediate, stabilized cash flow with a projected 7.28% cap rate by September 1, 2027. Ideally positioned in historic Fort Hill, the property combines neighborhood character with exceptional access to some of Boston’s largest employment, educational, and medical centers. Located between the Jackson Square and Roxbury Crossing Orange Line stations, with additional public transportation nearby, the property offers convenient connectivity throughout Boston and is close to Northeastern University, Wentworth, MassArt, and the Longwood Medical and Academic Area. Longwood, just down the road, is home to Brigham and Women’s Hospital, Boston Children’s Hospital, Beth Israel Deaconess Medical Center, Dana-Farber Cancer Institute, Harvard Medical School, and numerous other healthcare, research, and academic institutions. With three large 5-bedroom residences, renovated interiors, in-unit laundry, strong existing income, long-term leases, and proximity to transit, universities, and Longwood, this is a compelling opportunity to acquire a stabilized, high-capacity income-producing asset in a well-connected Boston neighborhood.

MLS #:
73577201
Taxes
$12,776(2027)
Lot Size
1,931 SQFT
Type
Multifamily
Year Built
1900
County
Suffolk County

Listed By

Mission Realty Advisors, Compass
Source
MLS PIN
Last checked Sep 15 2026 at 6:10 PM GMT+0000
Bathroom Details
Interior Features
  • Refrigerator
  • Dryer
  • Washer
  • Storage
  • Dishwasher
  • Microwave
  • Bathroom With Shower Stall
  • Disposal
  • Stone/Granite/Solid Counters
  • Bathroom With Tub
  • Oven
  • Open Floorplan
  • Living Room
  • Kitchen
  • Smart Thermostat
Lot Information
  • Corner Lot
Property Features
  • Fireplace: 0
  • Foundation: Concrete Perimeter
Heating and Cooling
  • Natural Gas
  • Central Air
  • Window Unit(s)
Basement Information
  • Dirt Floor
Flooring
  • Wood
  • Hardwood
Exterior Features
  • Roof: Rubber
Utility Information
  • Utilities: Water: Public
  • Sewer: Public Sewer
Parking
  • On Street
Stories
  • 3
Living Area
  • 5,748 sqft
Location
   
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