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Active

8 Colonial Ave, Boston MA 02124

$1,145,000

Estimated $2,656/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $381,666.67

Total Rent: 99900/year

Estimated CAP Rate:

8 Bedrooms

Baths

3469

Total Parking: 2

3,960 (0.09)

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.

This home has been viewed 12 times

Last Checked: June 26th, 2026 at 9:48am (Source: MLS PIN #73513091)

Gross Income: $99,900

Gross Expenses: $13,242

Net Income Calc: $86,658

Annual Expenses for 8 Colonial Ave, Boston MA 02124

Total Gross Expenses (Calculated)$13,242/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax9595

Annual Income & Unit Breakdown for 8 Colonial Ave, Boston MA 02124

Total Gross Income (Calculated)$99,900

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

Rent Includes

General Information for 8 Colonial Ave, Boston MA 02124

Listing ID73513091

Property TypeMulti Family / 3 Family

Price1145000 ($330.07/SqFt)

Style3 Family

CityBoston

CountySuffolk

MLS AreaDorchester's Codman Square

Neighborhood(s)

Approximate Living Area Total3469

Approximate Lot Size (Acres)0.09

Total Parking2

Garage Parking0

Year Built1895

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningR3

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 8 Colonial Ave, Boston MA 02124

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsFireplace Mantel In Living Room Is Excluded.

Financial Data SourceEstimated

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 8 Colonial Ave, Boston MA 02124

Real Estate Taxes9595

Tax Year2025

Assessed Value$828,600

Financial Data SourceEstimated

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 8 Colonial Ave, Boston MA 02124

Neighborhood(s)

MLS AreaDorchester's Codman Square

Area AmenitiesWalk/jog Trails

Contact Information for 8 Colonial Ave, Boston MA 02124

Agent

Name: The Avenue

Office

Name: Serhant

Phone: 617-250-0559

Team Members

Payment Calculator

, Interest

Property Taxes 799.58

Principal & Interest 7055.13

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Serhant

The Avenue

Agent Phone

Office Phone

(617) 250-0559

Text Agent Call Agent Call Office

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EXIT

16 More Photos

Active

8 Colonial Ave, Boston MA 02124

$1,145,000

Annual Expenses for 8 Colonial Ave, Boston MA 02124

Annual Income & Unit Breakdown for 8 Colonial Ave, Boston MA 02124

General Information for 8 Colonial Ave, Boston MA 02124

Disclosures for 8 Colonial Ave, Boston MA 02124

Financial Information for 8 Colonial Ave, Boston MA 02124

Location Information for 8 Colonial Ave, Boston MA 02124

Contact Information for 8 Colonial Ave, Boston MA 02124

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Serhant

The Avenue