45 Thorndike, Boston, MA 02118
Local realty services provided by:CENTURY 21 North East
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)...
Contact an agent
Home facts
- Year built:1900
- Listing ID #:73594957
- Updated:October 26, 2026 at 02:43 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)
New listings near 45 Thorndike
- New
$550,000Active4 beds 3 baths1,587 sq. ft.37 Kerwin St #b, Boston, MA 02124
MLS# 73594956Listed by: Thumbprint Realty, LLC - New
$2,600Active2 beds 1 baths787 sq. ft.18 Pond St #2, Boston, MA 02130
MLS# 73594935Listed by: Central Real Estate - New
$2,549,000Active6 beds 6 baths3,834 sq. ft.839 E Second St, Boston, MA 02127
MLS# 73594923Listed by: ERA Key Realty Services - New
$325,000Active0.06 Acres26 Dewey St, Boston, MA 02125
MLS# 73594931Listed by: MIG - New
$2,799,000Active6 beds 6 baths8,292 sq. ft.27 Howland St, Boston, MA 02121
MLS# 73594906Listed by: Herion Karbunara
$1,139,000Active3 beds 3 baths1,582 sq. ft.261 Princeton St #PH1, Boston, MA 02128
MLS# 73582028Listed by: Keller Williams Realty Boston-Metro | Back Bay- New
$800,000Active3 beds 2 baths1,456 sq. ft.28 Heathcote St, Boston, MA 02131
MLS# 73594843Listed by: Keller Williams Realty Metropolitan - New
$615,000Active4 beds 3 baths2,012 sq. ft.75 Shepton, Boston, MA 02124
MLS# 73594820Listed by: Compass - New
$1,225,000Active2 beds 2 baths1,148 sq. ft.127 E Dedham St #F-02, Boston, MA 02118
MLS# 73594769Listed by: Coldwell Banker Realty - Boston