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83-85 Highland Street, Boston MA 02119

$2,475,000

Estimated $5,078/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $825,000

Total Rent: 200700/year

Estimated CAP Rate:

15 Bedrooms

Baths

5748

Total Parking: 0

1,931 (0.04)

Rarely available at this scale, this substantial Fort Hill three-family offers 15 bedrooms, 6 bathrooms, nearly 5,750 square feet of rentable living area, strong in-place income, and a current 6.76% cap rate in one of Boston’s most strategically located rental markets. Each of the three expansive residences features 5 bedrooms and 2 full bathrooms, with renovated kitchens and 2 full bathrooms and the added convenience of in-unit laundry. Fully leased through August 31, 2027, the property currently generates $16,725 per month and $200,700 in annual gross rental income, providing immediate, stabilized cash flow with a projected 7.28% cap rate by September 1, 2027. Ideally positioned in historic Fort Hill, the property combines neighborhood character with exceptional access to some of Boston’s largest employment, educational, and medical centers. Located between the Jackson Square and Roxbury Crossing Orange Line stations, with additional public transportation nearby, the property offers convenient connectivity throughout Boston and is close to Northeastern University, Wentworth, MassArt, and the Longwood Medical and Academic Area. Longwood, just down the road, is home to Brigham and Women’s Hospital, Boston Children’s Hospital, Beth Israel Deaconess Medical Center, Dana-Farber Cancer Institute, Harvard Medical School, and numerous other healthcare, research, and academic institutions. With three large 5-bedroom residences, renovated interiors, in-unit laundry, strong existing income, long-term leases, and proximity to transit, universities, and Longwood, this is a compelling opportunity to acquire a stabilized, high-capacity income-producing asset in a well-connected Boston neighborhood.

This home has been viewed 3 times

Last Checked: September 20th, 2026 at 6:48am (Source: MLS PIN #73577201)

Gross Income: $200,700

Gross Expenses: $12,776

Net Income Calc: $187,924

Annual Expenses for 83-85 Highland Street, Boston MA 02119

Total Gross Expenses (Calculated)$12,776/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax12776

Annual Income & Unit Breakdown for 83-85 Highland Street, Boston MA 02119

Total Gross Income (Calculated)$200,700

Unit 1

Rental Income$0

LeaseY

Bedrooms5

Bathrooms2 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseY

Bedrooms5

Bathrooms2 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseY

Bedrooms5

Bathrooms2 Full

Floor3

Levels in Unit1

Rent IncludesHeat

General Information for 83-85 Highland Street, Boston MA 02119

Listing ID73577201

Property TypeMulti Family / 3 Family

Price2475000 ($430.58/SqFt)

Style3 Family

CityBoston

CountySuffolk

MLS AreaRoxbury's Fort Hill

Neighborhood(s)

Approximate Living Area Total5748

Approximate Lot Size (Acres)0.04

Total Parking0

Garage Parking0

Year Built1900

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 Space

Zoning0013

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 83-85 Highland Street, Boston MA 02119

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsPersonal Belongings.

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 83-85 Highland Street, Boston MA 02119

Real Estate Taxes12776

Tax Year2027

Assessed Value$730,000

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 83-85 Highland Street, Boston MA 02119

Neighborhood(s)

MLS AreaRoxbury's Fort Hill

Area AmenitiesWalk/jog Trails

Contact Information for 83-85 Highland Street, Boston MA 02119

Agent

Name: Mission Realty Advisors

Office

Name: Compass

Phone: 617-752-6845

Team Members

Name: Eric W. Johnson

Payment Calculator

, Interest

Property Taxes 1064.67

Principal & Interest 15250.16

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Compass

Mission Realty Advisors

Agent Phone

Office Phone

(617) 752-6845

Text Agent Call Agent Call Office

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    [unparsed] => 83-85 Highland Street, Boston MA 02119
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[raw] => 
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EXIT

28 More Photos

Active

83-85 Highland Street, Boston MA 02119

$2,475,000

Annual Expenses for 83-85 Highland Street, Boston MA 02119

Annual Income & Unit Breakdown for 83-85 Highland Street, Boston MA 02119

General Information for 83-85 Highland Street, Boston MA 02119

Disclosures for 83-85 Highland Street, Boston MA 02119

Financial Information for 83-85 Highland Street, Boston MA 02119

Location Information for 83-85 Highland Street, Boston MA 02119

Contact Information for 83-85 Highland Street, Boston MA 02119

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Compass

Mission Realty Advisors