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197 Blue Hills Pkwy, Milton MA 02186

$1,200,000

Estimated $2,843/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $400,000

Total Rent: 91200/year

Estimated CAP Rate:

7 Bedrooms

Baths

2860

Total Parking: 6

5,227 (0.12)

Weekend open houses: Saturday, September 26, 10:00–11:00 a.m., and Sunday, September 27, 10:00–11:00 a.m. Private tours available anytime.Rare three-family on Blue Hills Parkway in the Milton Public Schools district, between the Neponset bike path and Blue Hills Reservation. Tucker School is next door; Churchill’s is down the parkway; Mattapan Station, local buses, and highway access are a short hop. Trails and neighborhood parks are out the front door.Three units: first-floor 2-bedroom (currently configured as a 3-bedroom); second-floor 3-bedroom; and a third floor 1-bedroom. The first-floor unit is vacant and opens to a large lower level. Use the lower level as office, workshop, or storage—or expand into an owner’s suite. A 3/4 bath & laundry hookup -- already in place. Keep as-is for activity/office space, or a rec room. Units 2 and 3 are occupied, so you can live on the first floor, keep the rental income from 2 apartments, and permit the lower-level work on your timeline.Hard to find this much flexibility in Milton this close to the Reservation and the T.Units 2 and 3 require a minimum 24-hour notice to show. Come through Saturday or Sunday, or schedule a private tour.

This home has been viewed 4 times

Last Checked: September 24th, 2026 at 4:33am (Source: MLS PIN #73574773)

Gross Income: $91,200

Gross Expenses: $10,769

Net Income Calc: $80,431

Water Views

Annual Expenses for 197 Blue Hills Pkwy, Milton MA 02186

Total Gross Expenses (Calculated)$10,769/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax10769.5

Annual Income & Unit Breakdown for 197 Blue Hills Pkwy, Milton MA 02186

Total Gross Income (Calculated)$91,200

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor3

Levels in Unit1

Rent IncludesHeat

General Information for 197 Blue Hills Pkwy, Milton MA 02186

Listing ID73574773

Property TypeMulti Family / 3 Family

Price1200000 ($419.58/SqFt)

Style3 Family - 3 Units Up/down

CityMilton

CountyNorfolk

MLS AreaBlue Hills

Neighborhood(s)

Approximate Living Area Total2860

Approximate Lot Size (Acres)0.12

Total Parking6

Garage Parking0

Year Built1910

Year Built SourcePublic Records

Year Built DetailsUnknown/Mixed

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningRC

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 197 Blue Hills Pkwy, Milton MA 02186

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWasher

Financial Data Source

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 197 Blue Hills Pkwy, Milton MA 02186

Real Estate Taxes10769.5

Tax Year2026

Assessed Value$911,900

Financial Data Source

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 197 Blue Hills Pkwy, Milton MA 02186

Elementary SchoolMilton Pub Schools

Middle SchoolMilton Public Schools

High SchoolMilton Academy

Neighborhood(s)

MLS AreaBlue Hills

Area AmenitiesWalk/jog Trails

Contact Information for 197 Blue Hills Pkwy, Milton MA 02186

Agent

Name: Rogerio Rodriguez

Office

Name: Gibson Sotheby's International Realty

Phone: 617-522-2200

Payment Calculator

, Interest

Property Taxes 897.46

Principal & Interest 7394.02

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Gibson Sotheby's International Realty

Rogerio Rodriguez

Agent Phone

Office Phone

(617) 522-2200

Text Agent Call Agent Call Office

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    [description] => Weekend open houses: Saturday, September 26, 10:00–11:00 a.m., and Sunday, September 27, 10:00–11:00 a.m. Private tours available anytime.Rare three-family on Blue Hills Parkway in the Milton Public Schools district, between the Neponset bike path and Blue Hills Reservation. Tucker School is next door; Churchill’s is down the parkway; Mattapan Station, local buses, and highway access are a short hop. Trails and neighborhood parks are out the front door.Three units: first-floor 2-bedroom (currently configured as a 3-bedroom); second-floor 3-bedroom; and a third floor 1-bedroom. The first-floor unit is vacant and opens to a large lower level. Use the lower level as office, workshop, or storage—or expand into an owner’s suite. A 3/4 bath & laundry hookup -- already in place. Keep as-is for activity/office space, or a rec room. Units 2 and 3 are occupied, so you can live on the first floor, keep the rental income from 2 apartments, and permit the lower-level work on your timeline.Hard to find this much flexibility in Milton this close to the Reservation and the T.Units 2 and 3 require a minimum 24-hour notice to show. Come through Saturday or Sunday, or schedule a private tour.
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    [unparsed] => 197 Blue Hills Pkwy, Milton MA 02186
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EXIT

20 More Photos

Active

197 Blue Hills Pkwy, Milton MA 02186

$1,200,000

Annual Expenses for 197 Blue Hills Pkwy, Milton MA 02186

Annual Income & Unit Breakdown for 197 Blue Hills Pkwy, Milton MA 02186

General Information for 197 Blue Hills Pkwy, Milton MA 02186

Disclosures for 197 Blue Hills Pkwy, Milton MA 02186

Financial Information for 197 Blue Hills Pkwy, Milton MA 02186

Location Information for 197 Blue Hills Pkwy, Milton MA 02186

Contact Information for 197 Blue Hills Pkwy, Milton MA 02186

Agent

Office

Payment Calculator

Exclusive Listing Agent

Gibson Sotheby's International Realty

Rogerio Rodriguez