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You are here:
14 Days on Boston Pads
19 Photos
$1,200,000
3 Unit
8 Beds
3 Baths
3469 SQFT
0.09 Acre
8 Colonial Ave
Boston, MA 02124

Property Description

Turnkey 3-family in the heart of Codman Square — fully tenanted & cash-flowing from day one! This meticulously renovated triple-decker offers two 3BR units & one 2BR unit generating $8,425/mo in current gross income with a clear path to $9,400/mo at market rents. Over $195,000 in capital improvements including lifetime metal roof, 400-amp electrical upgrade, HVAC mini splits, new kitchens & flooring, updated plumbing & refinished hardwoods. Lead certificates in hand — no delays, no surprises. Ideal for investors seeking strong in-place income or an owner-occupant looking to live affordably while the other units pay the mortgage. Codman Square offers unbeatable convenience — walk to MBTA Commuter Rail (Talbot Ave) with direct access to South Station, surrounded by shops, dining & services with continued neighborhood appreciation. A rare, move-in ready opportunity in one of Boston's most connected and high-upside neighborhoods. Do not disturb tenants.

Property Overview

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 8
  • Total Full Baths: 3
  • Amenities: Highway Access, House of Worship, Laundromat, Medical Facility, Other (See Remarks), Park, Public School, Public Transportation, Shopping, T-Station, Tennis Court, University
  • Basement Features: Unfinished Basement

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 101100
  • Gross Expenses: 3647
  • Electric Expenses: 260
  • Water/Sewer: 2187
  • Miscellaneous Expense: 1200
  • Net Operating Income: 97453

Utilities

  • Utility Connections: for Electric Oven, for Electric Range, for Gas Oven, for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: No
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1895
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Metal
  • Flooring Type: Hardwood
  • Lead Paint: None
  • Warranty: No

Other Information

  • MLS ID# 73513091
  • Last Updated: 05/09/26

Date Event Price Price/Sq Ft Source
05/09/2026Active$1,200,000$346MLSPIN
05/05/2026New$1,200,000$346MLSPIN
12/18/2024Sold$890,000$257MLSPIN
11/01/2024Under Agreement$1,099,000$317MLSPIN
10/18/2024Contingent$1,099,000$317MLSPIN
10/16/2024Price Change$1,099,000$317MLSPIN
09/23/2024Active$1,195,000$344MLSPIN
09/19/2024Price Change$1,195,000$344MLSPIN
09/19/2024Price Change$1,995,000$575MLSPIN
09/12/2024Active$1,075,000$310MLSPIN
09/08/2024New$1,075,000$310MLSPIN
04/17/2024Canceled$1,199,000$346MLSPIN
04/11/2024Active$1,199,000$346MLSPIN
04/07/2024Price Change$1,199,000$346MLSPIN
03/24/2024Active$1,350,000$389MLSPIN
03/20/2024New$1,350,000$389MLSPIN
02/26/2024Canceled$1,199,000$346MLSPIN
02/26/2024Active$1,199,000$346MLSPIN
02/22/2024New$1,199,000$346MLSPIN

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Map & Nearby Places

Codman Academy Charter Public School

Charter School, Grades: PK-12

0.18mi

Codman Academy Charter School

Charter School

0.22mi

Boston Latin Academy

School

0.27mi

Emily A Fifield School

Public School, Grades: K-5

0.3mi

Lee Academy

Public Elementary School, Grades: PK-3

0.3mi

Lee K-8 School

Public Elementary School, Grades: PK-8

0.3mi

TechBoston Academy

Public Secondary School, Grades: 6-12

0.37mi

Lucy Stone School

School

0.39mi

McDonald's

Burger (Fast Food)

0.16mi

Dorchester YMCA

Sports Centre

0.46mi

Elmhurst Park

Park

0.11mi

Garden of Peace

Park

0.14mi

Codman Square

Park

0.18mi

Harambee Park

Municipal Park

0.32mi

Dr. Loesch Family Park

Municipal Park

0.4mi

Mother’s Rest Park

Municipal Park

0.46mi

Greater Boston Center For Healthy Communities Resource Library

Library

0.19mi

Codman Square Branch Library

Library

0.31mi

Dorchester High School Library

Library

0.35mi

Talbot Ave @ Colonial Ave

22
45

0.02mi

Talbot Ave @ Spencer St

22

0.04mi

Talbot Ave @ Southern Ave

22

0.1mi

355 Norfolk St opp Withington St

26

0.14mi

Norfolk St @ Darlington St

26

0.14mi

Talbot Ave @ Norfolk St

22
45

0.14mi

Washington St @ Southern Ave

23

0.17mi

Talbot Ave @ Talbot Station

22
45

0.17mi

Seller's Representative: The Avenue, Serhant
MLS ID#: 73513091

© 2026 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2026-05-09 03:05:00

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