45 Thorndike, Boston, MA 02118
Local realty services provided by:ERA Key Realty Services
45 Thorndike,Boston, MA 02118
$1,299,999
- 8 Beds
- 3 Baths
- 2,628 sq. ft.
- Multi-family
- Active
Listed by: jason g. mahoney esq., jason g. mahoney esq.
Office: vitruvius realty
MLS#:73594957
Source:MLSPIN
Price summary
- Price:$1,299,999
- Price per sq. ft.:$494.67
About this home
RARE BELOW MARKET OPPORTUNITY with significant equity and cash flow upside in coming years. Renovated 3 family brick row house in Boston's desirable South End zip code of 02118, including a total of 8 bedrooms, 3 bathrooms and a total of 3,504sqft. All 3 units are rented with high performing leases. Detailed rent roll and full 2025/2026 P&L available upon request. Unit 1: 2 bedroom, 1 bath - $2,278/month (80% AMI), Unit 2: 3 bedroom, 1 bath - $1,948/month (60% AMI), Unit 3: 3 bedroom, 1 bath - $2,500/month (80% AMI). No BPDA restrictions on the sale or buyer qualifications. Rent limit restrictions (AMI percentages above) will expire in 2038, unlocking full market value rents. Full deed restriction details, including title insurance verification of 2038 expiration available upon request. Currently offered at a cap rate of ~5, with substantial upside in future years, as AMI limits increase and with the eventual expiration of deed restriction in 2038. Recent improvements include: full lead paint compliance/certification, plumbing, new indirect water heaters (2), refurbished gas boiler systems (3), reinforced masonry - basement and exterior. Completely renovated entranceway, including new front stairs, new front door and digital locking system, new entranceway paneling and lighting. New appliances (unit 1 stove and unit 2 fridge)...
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Home facts
- Year built:1900
- Listing ID #:73594957
- Updated:October 28, 2026 at 12:02 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:14
- Basement Description:Full, Unfinished, Walk-Out Access
- Living area:2,628 sq. ft.
Structure and exterior
- Year built:1900
- Building area:2,628 sq. ft.
- Lot area:0.03 Acres
- Lot Features:Level
- Foundation Description:Brick/Mortar
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,299,999
- Price per sq. ft.:$494.67
- Tax amount:$10,149 (2027)
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