114-116 Thornton Street
$1,775,000
12
Beds
6
Baths
3,852
Sqft
- Request Info
- Call
- Save
-
More
- Mortgage Calculator
Property Tools
$1,775,000
12
Beds
6
Baths
3,852
Living Area
-
Property Description
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.
-
Highlights
- Area: Roxbury's Fort Hill
- Heating: Hot Water, Steam, Natural Gas
- Property Class: Residential Income
- Stories: 3
- Year Built: 1890
- Cooling: Window Unit(s)
- Levels: 3
- Property Type: 3 Family - 3 Units Up/Down
- Total Rooms: 24
- Status: Active
-
Additional Details
- Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer
- Flooring: Tile, Hardwood
- Foundation Area: 99999
- Lot Features: Gentle Sloping
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: 0012
- Basement: Full, Interior Entry, Concrete
- Foundation: Granite
- Interior Features: Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Dining Room, Kitchen, Living Room
- Roof: Rubber
- Total Number of Units: 3
- Year Built Source: Public Records
-
Amenities
- Community Features: Public Transportation, Park, Public School, T-Station, University
- Parking Features: On Street
-
Utilities
- Electric: 200+ Amp Service
- Water Source: Public
- Sewer: Public Sewer
-
Fees / Taxes
- Assessed Value: $1,271,900
- Tax Year: 2027
- Total Rent: $12,870
- Rental Fee Includes: Unit 1(Water), Unit 2(Water)
- Taxes: $15,916
Similar Listings
Sold
40 Photos
Sold
3 Photos
Sold
30 Photos
Sold
37 Photos
Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Compass.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.