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Active

98 Myrtle Street, Boston MA 02114

$3,850,000

Estimated $8,412/month Calculator

Multi Family

Total Units: 9

Price Per Unit: $427,777.78

Total Rent: 80352/year

Estimated CAP Rate:

11 Bedrooms

Baths

3792

Total Parking: 0

1,000 (0.02)

This offering presents a rare opportunity to acquire a fully occupied, fully renovated, nine-unit residential building in Boston’s Beacon Hill neighborhood, consisting of two studios, three one-bedroom units and four two-bedroom units. All nine units have been renovated, allowing buyers to benefit from stable in-place income. Heating is forced hot water; one boiler, shared between 98 & 100 Myrtle St, with a mini-split system in every unit for cooling, and the building includes a fire sprinkler system and a centrally monitored alarm. The property is a short walk from Massachusetts General Hospital, one of the region’s largest employers, and to both the Red Line (Charles/MGH) and Green Line (Government Center) MBTA stations, giving residents easy access to downtown, Cambridge, and the greater Boston area. A deep employer base nearby, including MGH, the State House, Government Center, and the Financial District, supports consistent rental demand, and residents also have the shops, restaurants, and amenities of Charles Street and the West End close by. With stable occupancy, renovated units, updated systems and meaningful upside, this property is an attractive investment in one of Boston’s most desirable and supply-constrained submarkets.

This home has been viewed 28 times

Last Checked: October 21st, 2026 at 5:38am (Source: MLS PIN #73591963)

Gross Income: $80,352

Gross Expenses: $26,036

Net Income Calc: $54,316

Annual Expenses for 98 Myrtle Street, Boston MA 02114

Total Gross Expenses (Calculated)$26,036/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax26036

Annual Income & Unit Breakdown for 98 Myrtle Street, Boston MA 02114

Total Gross Income (Calculated)$80,352

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

Lease

Bathrooms

Rent Includes

Unit 4

Rental Income$0

Lease

Bathrooms

Rent Includes

General Information for 98 Myrtle Street, Boston MA 02114

Listing ID73591963

Property TypeMulti Family / 5+ Family

Price3850000 ($1015.3/SqFt)

Style5-9 Family

CityBoston

CountySuffolk

MLS AreaBeacon Hill

Neighborhood(s)

Approximate Living Area Total3792

Approximate Lot Size (Acres)0.02

Total Parking0

Garage Parking0

Year Built1899

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

Basement

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningH-2-65

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 98 Myrtle Street, Boston MA 02114

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceOwner

ExclusionsSurveillance Devices

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 98 Myrtle Street, Boston MA 02114

Real Estate Taxes26036

Tax Year2026

Assessed Value$1,991,800

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 98 Myrtle Street, Boston MA 02114

Neighborhood(s)

MLS AreaBeacon Hill

Area Amenities

Contact Information for 98 Myrtle Street, Boston MA 02114

Agent

Name: Kevin Benzinger

Office

Name: Boston Realty Advisors

Phone: 617-375-7900

Team Members

Payment Calculator

, Interest

Property Taxes 2169.67

Principal & Interest 23722.48

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Boston Realty Advisors

Kevin Benzinger

Agent Phone

Office Phone

(617) 375-7900

Text Agent Call Agent Call Office

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    [unparsed] => 98 Myrtle Street, Boston MA 02114
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EXIT

Active

98 Myrtle Street, Boston MA 02114

$3,850,000

Annual Expenses for 98 Myrtle Street, Boston MA 02114

Annual Income & Unit Breakdown for 98 Myrtle Street, Boston MA 02114

General Information for 98 Myrtle Street, Boston MA 02114

Disclosures for 98 Myrtle Street, Boston MA 02114

Financial Information for 98 Myrtle Street, Boston MA 02114

Location Information for 98 Myrtle Street, Boston MA 02114

Contact Information for 98 Myrtle Street, Boston MA 02114

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Boston Realty Advisors

Kevin Benzinger