Multi Family
114-116 Thornton Street
Roxbury, MA 2119 · MLS 73578206
$1,775,000
1 / 40
- Beds—
- Baths—
- Sq Ft3,852
- Year1890
- Style—
- $ / Sq Ft$461
- HOA—
- Taxes$15,916
- Parking0
- Lot3784.0
- MLS73578206
- StatusActive
About this home
Updated - Fort Hill - three-family with strong in-place income in one of Roxbury's most desirable residential neighborhoods. Generating $12,870 per month and $154,440 annually in current gross rental income and 6.64% cap rate, 114-116 Thornton Street presents an exceptional opportunity to acquire a renovated, income-producing multifamily property with a proven rental history. Spanning 3,852 square feet, the property features three spacious 4-bedroom, 2-bath residences, creating an impressive 12-bedroom, 6-bath configuration with approximately 1,284 square feet per unit. Each residence offers a generous layout with a large living room, eat-in kitchen, refinished hardwood floors and updated finishes throughout. Kitchens feature granite countertops and stainless steel appliances. Additional features include gas heat, a large shared backyard and free common laundry in the basement with two washers and two dryers. Ideally situated in Fort Hill, approximately one mile from Northeastern University, the property offers convenient access to the Longwood Medical Area, area universities, public transportation, Downtown Boston and the surrounding Roxbury and Mission Hill neighborhoods. With all three residences currently grossing $12,870 a month, 114-116 Thornton Street combines strong in-place income, renovated interiors and a desirable rental configuration with long-term investment potential.
Location
More about Roxbury
| Roxbury Profile | Snapshot |
|---|---|
| Primary Vibe | Historic neighborhood with strong cultural roots, Orange Line access, and a mix of residential and commercial activity. Popular with buyers seeking transit convenience and relative value. |
| Housing Prices | Generally more approachable than many central neighborhoods. Updated multi-family homes and condominiums near transit command premiums. |
| Commute to Boston | Orange Line and Silver Line provide direct access. Walking and bus options exist. Parking is more available than downtown. |
| Schools | Served by Boston Public Schools. Confirm assignments with the district. |
| Market | Demand supported by location and revitalization. Properties near stations with solid condition attract interest. |
| Housing Styles | Multi-family homes, condominiums, and newer infill developments. Condition varies widely. |
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Listing information is believed accurate but is not guaranteed and should be independently verified. Courtesy of the listing office shown.

