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You are here:
13 Days on Boston Pads
39 Photos
$3,150,000
3 Unit
13 Beds
6 Baths
3088 SQFT
0.06 Acre
9 Carmel Street
Boston, MA 02120

Property Description

Prime investment opportunity in Boston's coveted Mission Hill neighborhood: a turnkey 3-family property with potential for a 8.1% cap rate by 9/1/25. Perfectly positioned at the "bottom of the hill" near Tremont Street, this property includes 14 bedrooms and 6 bathrooms across three units—one 4-bed, 2-bath, and two 5-bed, 2-bath—all featuring modern kitchens, in-unit laundry, renovated bathrooms, hardwood floors, and central HVAC. Each unit has rear decks and a shared yard for added tenant enjoyment. Updated with new electrical and plumbing systems, along with low-maintenance vinyl siding, this property is easy to manage and maintain. Located a short distance from Longwood Medical Area, Orange Line at Roxbury Crossing and Green Line at Brigham Circle (both a quarter-mile away), this investment promises strong rental demand and long-term value. Don’t miss this solid income-generating property in one of Boston’s most desirable neighborhoods, close to universities and major employers.

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 13
  • Total Full Baths: 6
  • Amenities: Bike Path, Highway Access, House of Worship, Laundromat, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, T-Station, University, Walk/Jog Trails
  • Basement Features: Walk Out
  • Common Interior Features: Tile Floor

Financial

  • APOD Available: No
  • Expenses Source: Owner Provided
  • Gross Operating Income: 222600
  • Net Operating Income: 222600

Utilities

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

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1905
  • Type: 3 Family - 3 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone, Poured Concrete
  • Roof Material: Rubber
  • Flooring Type: Tile, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73310040
  • Last Updated: 11/10/24

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
11/10/2024Active$3,150,000$1,020MLSPIN
11/06/2024New$3,150,000$1,020MLSPIN

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View Breakdown

Map & Resources

SMFA Mission Hill

University

0.08mi

Our Lady of Perpetual Help Mission Grammar School

Private School, Grades: K-8

0.1mi

Maurice J Tobin School

Public School, Grades: K-8

0.12mi

Tobin K-8 School

Public Elementary School, Grades: PK-8

0.12mi

Fenway High School

Public Secondary School, Grades: 9-12

0.14mi

Fenway High School

Public School, Grades: 9-12

0.14mi

Massachusetts College of Pharmacy and Health Science

University

0.18mi

Harvard School of Public Health

University

0.21mi

The Squealing Pig

Bar

0.18mi

Milkweed

Cafe

0.05mi

Tbaar

Cafe

0.28mi

Starbucks

Coffee Shop

0.42mi

Dunkin'

Donut & Coffee Shop

0.19mi

Dunkin'

Donut & Coffee Shop

0.19mi

Domino's

Pizzeria

0.28mi

Boloco

Fast Food

0.42mi

Boston Fire Department Engine 37, Ladder 26

Fire Station

0.4mi

Brigham and Women's Hospital

Hospital

0.24mi

New England Baptist Hospital

Hospital. Speciality: Orthopaedics

0.28mi

Boston Children's Hospital

Hospital. Speciality: Paediatrics

0.35mi

Dana-Farber Cancer Institute

Hospital. Speciality: Oncology

0.44mi

Beth Israel Deaconess Medical Center East Campus

Hospital

0.49mi

VA Boston Healthcare System-Jamaica Plain

Hospital

0.54mi

Beth Israel Deaconess Medical Center West Campus

Hospital

0.56mi

MassArt Film Society

Cinema

0.26mi

Warren Anatomical Museum

Museum

0.26mi

MassArt Art Museum

Museum

0.33mi

Reggie Lewis Athletic Center

Sports Centre. Sports: Running

0.35mi

Sweeney Athletic Field

Sports Centre. Sports: Soccer, Baseball

0.46mi

Mission Hill Playground

Municipal Park

0.03mi

Kevin W. Fitzgerald Park

Park

0.08mi

Mission Main Park

Park

0.18mi

Thea and James M. Stoneman Centennial Park

Park

0.25mi

Mclaughlin Playground

Municipal Park

0.27mi

Southwest Corridor Park

Park

0.27mi

Southwest Corridor Park

Park

0.29mi

Southwest Corridor Park

Park

0.33mi

Gibbons Playground

Playground

0.14mi

Bank of America

Bank

0.22mi

Citizens Bank

Bank

0.24mi

Sovereign Bank

Bank

0.28mi

Great Hill Dental Partners

Dentist

0.2mi

Longwood Medical Building

Doctor

0.45mi

Parker Hill Branch Library

Library

0.08mi

Frances A. Countway Library of Medicine

Library

0.23mi

Henrietta DeBenedictis Library

Library

0.29mi

Walgreens

Pharmacy

0.23mi

Hillside Market

Convenience

0.19mi

7-Eleven

Convenience

0.23mi

Stop & Shop

Supermarket

0.19mi

Tremont St @ Saint Alphonsus St

66

0.05mi

Tremont St @ Saint Alphonsus St

66

0.06mi

Tremont St @ Tobin Community Center

19
66

0.1mi

Tremont St @ Sewall St

66

0.15mi

Tremont St @ Huntington Ave

66

0.2mi

Huntington Ave @ Wigglesworth St

39

0.2mi

Tremont St opp Wigglesworth St

35
39
66

0.2mi

677 Huntington Ave

35
39

0.22mi

Seller's Representative: Mission Realty Advisors, Compass
MLS ID#: 73310040

© 2024 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 2024-11-10 03:05:00