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Sold for $3,000,000 on 07/09/25
  • $3,000,000

    20 Grimes St, South Boston, MA 02127

    12beds
    4,313sqft
    3 Family - 3 Units Up/Down
    Built in 1885
    -- sqft lot
    $2,707,200 Zestimate®
    $696/sqft
    $1,586 Estimated rent

    What's special

    Exceptional opportunity to own a turn-key 3-unit multifamily asset in one of Boston’s most sought-after neighborhoods. This well-maintained property delivers strong in-place income and a 6% cap rate, ideal for investors seeking immediate cash flow with long-term growth potential. Each unit features 4 bedrooms with modern finishes and consistent rental history. The building sits above 4 garage parking spaces—an increasingly rare and valuable amenity in South Boston. Perfectly located near public transportation, restaurants, shops, and major commuter routes, this property benefits from strong tenant demand and low vacancy. An ideal addition to any investment portfolio.

    Zillow last checked: 7 hours ago

    Listing updated: July 10, 2025 at 10:28am

    Listed by:

    Adam Burns,

    Burns Realty & Investments,

    Caroline Costello

    Bought with:

    Geoff Strobeck

    Compass

    Source: MLS PIN,MLS#: 73373831

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 10
    • Full bathrooms: 8
    • 1/2 bathrooms: 2
    Features
    • Flooring: Tile, Hardwood
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 4,313
    • Total interior livable area: 4,313 sqft
    • Finished area above ground: 4,313

    Property

    Parking
    • Total spaces: 4
    • Parking features: Leased
    • Garage spaces: 4
    Features
    • Patio & porch: Patio, Patio - Enclosed
    • Fencing: Fenced/Enclosed
    • Waterfront features: 1/2 to 1 Mile To Beach
    Lot
    • Size: 2,564 sqft
    Details
    • Parcel number: 1412799
    • Zoning: R3

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 3 Family - 3 Units Up/Down
    Materials
    • Frame
    • Foundation: Concrete Perimeter
    Condition
    • Year built: 1885

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
    Location
    • Region: South Boston

    HOA & financial

    Other financial information
    • Total actual rent: 20150
    Services availability
    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $2,707,200

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $2,707,200