36-38 Regent St

$3,750,000
36-38 Regent St, Boston, MA 02119
36-38 Regent St

36-38 Regent St

$3,750,000

A rare opportunity to acquire a fully renovated, institutional-quality multifamily asset with a 7.4% cap rate in place. Roxbury is one of Boston's fastest-growing neighborhoods. Ideally located between Nubian Square and Fort Hill, 36-38 Regent Street offers exceptional access to the Longwood Medical Area, Downtown Boston, major universities, public transportation, and the rapidly evolving Roxbury corridor. A comprehensive down-to-the-studs renovation was completed in 2025, this turnkey investment consists of six luxury, condo-quality residences totaling approximately 7,950 square feet. The unit mix includes five 4-bedroom, 2-bath apartments and one 3-bedroom, 2-bath apartment, each thoughtfully designed with modern finishes, efficient layouts, and amenities that continue to drive exceptional rental demand. Virtually every major building system was replaced, including new electrical, plumbing, HVAC, roofing, windows, insulation, and high-end interior finishes, allowing an investor to acquire a virtually new asset with minimal anticipated capital expenditures for years to come. The property is 100% occupied, with all six apartments leased through August 31, 2027, generating approximately $26,925 per month in gross rental income while providing exceptional income stability from day one. Perched above the neighborhood, the property also enjoys beautiful city views, further distinguishing it from competing rental properties and enhancing its long-term appeal. Elevated setting with impressive neighborhood and city views. Turnkey multifamily assets of this quality, scale, and yield rarely become available in Boston. Whether you're completing a 1031 exchange, expanding a multifamily portfolio, or seeking a long-term generational investment, 36-38 Regent Street offers an exceptional combination of strong in-place cash flow, long-term lease stability, and virtually maintenance-free ownership in one of Boston's most dynamic neighborhoods.Proforma available upon request.
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Features & Amenities

Interior

Total Bedrooms 23
Total Bathrooms 12
Full Bathrooms 12
Laundry Room Electric Dryer Hookup, Washer Hookup
Flooring Wood, Tile, Stone/Ceramic Tile
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer, Plumbed For Ice Maker
Other Interior Features Stone/Granite/Solid Counters, Upgraded Cabinets, Upgraded Countertops, Bathroom with Shower Stall, Remodeled, Bathroom With Tub Shower, Kitchen, Living RM/Dining RM Combo

Exterior

Stories 5
Garage Space 1.0
Water Source Public
Utilities for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup, Icemaker Connection, Varies per Unit
ROOF Rubber
Lot Features Corner Lot, Steep Slope
Parking Off Street
Heat type Forced Air, Heat Pump, Electric
Air Conditioning Central Air, Heat Pump
Sewer Public Sewer
Substructure Stone, Brick/Mortar
Other Exterior Features Sprinkler System

Area & Lot

Status For Sale
LIVING SPACE 7,950 Sq.Ft.
TOTAL AREA 7,950 Sq.Ft.
LOT SIZE 2,986 Sq.Ft.
MLS® ID 73573397
Type Multi-Family
Year Built 1900

Financial

SALES PRICE $3,750,000
REAL ESTATE TAXES $14,212/yr
Zoning R4

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