34 Circuit Street

$2,600,000
34 Circuit Street, Boston, MA 02119
34 Circuit Street

34 Circuit Street

$2,600,000

Rare opportunity to acquire a fully renovated, condo-quality four-family investment property offering a 6.6% in-place cap rate with additional future upside. Ideally positioned between Nubian Square and Fort Hill, 34 Circuit Street offers convenient access to the Longwood Medical Area, Boston Medical Center, Northeastern University, Downtown Boston, public transportation, and the continued development throughout the Roxbury corridor. Spanning approximately 7,365 square feet, the property features four spacious, thoughtfully designed residences with condo quality finishes and desirable unit mix: one 2-bedroom, 2-bath apartment, one 4-bedroom, 1.5-bath apartment, and two expansive 5-bedroom, 2-bath apartments. Each residence features updated kitchens and baths, quality finishes, generous living spaces, and layouts designed for both livability and strong rental performance. Three off-street parking spaces. Currently generating $216,000 in annual gross rental income, the property is 100% occupied with all four units leased through August 31, 2027, providing exceptional income stability from day one. The property is projected to achieve a 7.1% capitalization rate in 2027, offering investors a compelling combination of immediate cash flow and future upside. The condo-quality renovations and strong unit mix make this a truly turnkey multifamily investment. Its larger floor plans, parking, and proximity to major employment, medical, educational, and transportation hubs support continued rental demand. Positioned between Nubian Square and Fort Hill, 34 Circuit Street is well situated to benefit from continued public and private investment throughout the surrounding area. A compelling opportunity for a 1031 exchange, portfolio expansion, or long-term investment, combining scale, stabilized income, quality renovations, parking, and future growth potential in one of Boston's evolving multifamily markets. Pro forma available upon request.
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Thank you for your interest in 34 Circuit Street, Boston, MA 02119. We are reviewing your request and will be in touch shortly!

Features & Amenities

Interior

Total Bedrooms 17
Total Bathrooms 8
Full Bathrooms 7
Half Bathrooms 1
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
Other Interior Features Bathroom With Tub Shower, Living Room, Kitchen, Living RM/Dining RM Combo

Exterior

Stories 5
Water Source Public
ROOF Rubber
Parking Paved Drive, Off Street
Heat type Forced Air, Heat Pump, Electric
Air Conditioning Central Air, Heat Pump
Sewer Public Sewer
Substructure Granite, Other
Other Exterior Features Balcony/Deck, Balcony

Area & Lot

Status For Sale
LIVING SPACE 7,365 Sq.Ft.
TOTAL AREA 7,365 Sq.Ft.
LOT SIZE 4,981 Sq.Ft.
MLS® ID 73577592
Type Multi-Family
Year Built 1905

Financial

SALES PRICE $2,600,000
REAL ESTATE TAXES $14,558/yr
Zoning 0012

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