9 Carmel Street

Boston, MA 02120

$3,150,000
Price
13
Beds
6
Baths
3,088 Sq. Ft.
$1,020 / Sq. Ft.
3,088
Sq. Ft.
$1,020
per Sq. Ft.

Description

Prime investment opportunity in Boston's coveted Mission Hill neighborhood: a turnkey 3-family property with potential for a 8.1% cap rate by 9/1/25. Perfectly positioned at the "bottom of the hill" near Tremont Street, this property includes 14 bedrooms and 6 bathrooms across three units—one 4-bed, 2-bath, and two 5-bed, 2-bath—all featuring modern kitchens, in-unit laundry, renovated bathrooms, hardwood floors, and central HVAC. Each unit has rear decks and a shared yard for added tenant enjoyment....Prime investment opportunity in Boston's coveted Mission Hill neighborhood: a turnkey 3-family property with potential for a 8.1% cap rate by 9/1/25. Perfectly positioned at the "bottom of the hill" near Tremont Street, this property includes 14 bedrooms and 6 bathrooms across three units—one 4-bed, 2-bath, and two 5-bed, 2-bath—all featuring modern kitchens, in-unit laundry, renovated bathrooms, hardwood floors, and central HVAC. Each unit has rear decks and a shared yard for added tenant enjoyment. Updated with new electrical and plumbing systems, along with low-maintenance vinyl siding, this property is easy to manage and maintain. Located a short distance from Longwood Medical Area, Orange Line at Roxbury Crossing and Green Line at Brigham Circle (both a quarter-mile away), this investment promises strong rental demand and long-term value. Don’t miss this solid income-generating property in one of Boston’s most desirable neighborhoods, close to universities and major employers.

Listing Agents

  1. Eric Johnson

    Eric Johnson

    Alternative Listing Agent

    Compass

    ericjohnson@compass.com

    P: (203)-893-8316

  2. Bill MacDonald

    Bill MacDonald

    Alternative Listing Agent

    Compass

Property Details for 9 Carmel Street

Town
Boston
MLS Area
Mission Hill
Area
MA-Boston-Mission Hill, MA-Boston
Garage Spaces
0
Parking Spaces
.00
LISTING UPDATED: 11/10/2024 03:09 AM

Property Details for 9 Carmel Street

StatusActive
MLS #73310040
Days on Market15
Taxes$20,228 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 3 Family - 3 Units Up/Down
Year Built1905
CountySuffolk County
Buyer's Agent Compensation2%

Virtual Tour

Building Information for 9 Carmel Street

Stories6Residences3Year Built1905Building Size-Lot Size0.06 AC / 2,430 SF

Property Information for 9 Carmel Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Living Area: 3088.0
  • SqFt with Basement: No
  • Total Units: 3
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Walk Out
  • Num of Baths: 6.0
  • Num of Full Baths: 6
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 6.00
  • Bathrooms Total Integer: 6
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood, Tile
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Exterior Features: Fenced Yard, Porch, Deck
  • Fencing: Fenced/Enclosed, Fenced
  • Patio And Porch Features: Porch, Deck
  • Roof Material: Rubber
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: On Street Permit
  • Open Parking: Yes
  • Parking Features: On Street Permit
  • Parking Features: On Street Permit
Utilities
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Gas Oven
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
Tax Information
  • Tax ID: 3399726
  • Assessments: $1,838,400
  • Book: 55006
  • Tax Year: 2024
  • Zoning: 3f
Building / Association Information
Living Characteristics
  • Beds Total: 13
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Concrete Perimeter, Stone
Income / Expenses
  • Annual Expenses Source: Owner
  • GOI: $222,600.00
  • NOI: $222,600.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Lease U3: Y
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $18,550.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2

Property History for 9 Carmel Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 9 Carmel Street

Taxable ValueLand$633,900Additions$1,204,500Total$1,838,400
Tax Record2024$20,039 ($1,670 / month)
Home Facts
Baths3Total Finished SqFt3,088 SqFtAbove Grade Finished SqFt3,088 SqFtStories3Lot Size2,430 SqFtStyleTriplexYear Built1905Year Renovated2016ZoningR3CountySUFFOLKAPNROXB W:10 P:00574 S:000

Schools near 9 Carmel Street

This home is within Boston School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 7 to 12
Public - 6 to 8
Rating
School
Distance
Tobin K-8 School
PublicPK to 8

Fenway High School
Public9 to 12

Boston Latin School
Public7 to 12

James P Timilty Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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9 Carmel Street is a multi-family home for sale in Boston, MA 02120. This property was listed for sale on November 6, 2024 by Compass, it's currently listed at $3,150,000. It has been on the market for a total of 15 days and was last sold on September 1, 2015. This listing's school district is Boston School District. Nearby schools include Tobin K-8 School, Fenway High School and Boston Latin School. 9 Carmel Street is a 13-bed, 6-bath, 3,088 sqft multi-family home built in 1905.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.