Fully renovated three-family in Boston’s highly sought-after Mission Hill, just 0.3 miles to the Orange Line and minutes to the Green Line, 39 & 66 buses. Steps from the Longwood Medical Area and top universities—Northeastern, Wentworth, MCPHS, MassArt, and Simmons—ensuring strong, stable rental demand. Starting 9/1/25, gross rent will be $16,500/month, with a projected 6.7% cap rate by 9/1/26. Unit 1 is a 4 bed, 2 bath duplex with dual living rooms. Unit 2 offers 3 beds and 1.5 baths with an open layout. Unit 3 is a top-floor 3 bed, 2 bath with vaulted ceilings and exceptional natural light. All units feature quartz counters, stainless steel appliances, glass-enclosed tiled baths, recessed lighting, central HVAC, and hardwood floors. A shared patio provides valuable outdoor space. With no deferred maintenance, high-end finishes, and a prime transit-oriented location, this is a true turnkey asset—ideal for investors or 1031 buyers. Leases in place through 8/31/26. Proforma Available.
This home has been viewed 44 times
Last Checked: August 12th, 2025 at 4:29am (Source: MLS PIN #73373801)
Gross Income: $198,000
Gross Expenses: $22,631
Net Income Calc: $175,369
CAP Rate: 6.38%
Annual Expenses for 781 Parker Street, Boston MA 02120
Total Gross Expenses (Calculated)$22,631/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$22,631.49
Annual Income & Unit Breakdown for 781 Parker Street, Boston MA 02120
Total Gross Income (Calculated)$198,000
Unit 1
Rental Income$6,800
LeaseY
Bedrooms4
Bathrooms2 Full
Floor1
Levels in Unit2
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
Unit 2
Rental Income$4,800
LeaseY
Bedrooms3
Bathrooms1 Full, 1 Half
Floor2
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
Unit 3
Rental Income$4,900
LeaseY
Bedrooms3
Bathrooms2 Full
Floor3
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
General Information for 781 Parker Street, Boston MA 02120
Listing ID73373801
Property TypeMulti Family / 3 Family
Price$2,750,000 ($739.84/SqFt)
Style3 Family - 3 Units Up/down
CityBoston
CountySuffolk
MLS AreaMission Hill
Neighborhood(s)
Approximate Living Area Total3,717 SqFt
Approximate Lot Size (Acres)0.08 acres
Total Parking0
Garage Parking
Year Built1920
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame, Stone
Lot FeaturesLevel
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor SpacePatio
Zoning0105
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy FeaturesInsulated Windows
Terms
Disclosures for 781 Parker Street, Boston MA 02120
Lead Paint
UFFI
Living Area Includes BasementYes
Living Area DisclosureProperty measured. Buyer to do own due diligence.
Building Area SourceMeasured
Title 5
Exclusions
Disclosures
Financial Data SourcePro. Forma Available
Total Gross Expenses By Broker$0
Total Gross Income By Broker$198,000
Total Net Income By Broker$198,000
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2%
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnGross/full Sale Price
Financial Information for 781 Parker Street, Boston MA 02120
Real Estate Taxes$22,631.49
Tax Year2025
Assessed Value$1,936,000
Financial Data SourcePro. Forma Available
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$198,000
BostonRealEstate.com Gross Income
Total Net Income By Broker$198,000
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)6.38%
Location Information for 781 Parker Street, Boston MA 02120
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaMission Hill
Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Public School, Shopping, Park, Medical Facility, Laundromat, Bike Path, Public Transportation, T-station, Tennis Court(s), Private School, University
Contact Information for 781 Parker Street, Boston MA 02120