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Meticulously Maintained 8-Unit Multifamily
For Sale
$6,850,000

130 Myrtle Street, Boston, MA 02114

Eight residential units with AC and 2022 heat pumps in seven units, plus coin-op basement laundry and private outdoor space for select units.

Property Size6,563 SF
Price / SF$1,043
Days on Market127

Property Features for 130 Myrtle Street

General Information

Standard status Active
Size 6,563 SF
Property subtype Multi-family
Occupancy 100%

Additional Details

Business Included Yes
Multifamily Units 8

Building Details

Year Built 1899
Year Renovated 2024
Tenancy Multi
Listing Agency: Compass
Listed By: The Goodrich Team · License #1999023818
Source: Highlandre
Added: May 3 Changed: Sep 5 Last Checked: Sep 5 at 8:35AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass

Investment Insights

Based on property information with market context.

This 8-unit multifamily property offers a well-maintained rental setup featuring central AC and heat pumps installed in 7 of the 8 units. The building also includes a new roof (half replaced in 2024), new hot water systems (2024), and renovations and upgrades completed to 3 units in 2023.

Tenants are responsible for their own electric and cooking gas. All utilities are separately metered except for hot water and water/sewer. Laundry is available in-unit for 3 of the 8 units, with coin-operated common laundry and storage for all units located in the basement. Unit 7 includes a private roof deck, and unit 8 has a private patio. The property is fully leased through 8/31/2027, with annual income reported at $370,800. Inquire for the full rent roll and additional details.

Key Highlights

  • 8‑unit Beacon Hill multifamily built in 1899, fully leased through 8/31/2027.
  • Annual income reported as $370,800; inquire for the full rent roll and details.
  • AC and heat pumps (2022) in 7 of 8 units.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Pet Grooming Service Butcher HVAC Service Clothing & Fashion Store (Bike/Boat/Book/etc) Store Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

24,467
Businesses Nearby

Demographics for 02114, MA

14,469
Population
9,525
Households
1.5
Avg Household Size
33
Median Age
84%
College-Educated
97%
High-School Grad
0.4 sq mi
ZIP Area
36,173
Density / Sq Mi
$135,057
Median Household Income
$94,465
Median Earnings
$2,933
Median Rent
$927,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Eight residential units with AC and 2022 heat pumps in seven units, plus coin-op basement laundry and private outdoor space for select units.
Where is this apartment building located?
The property is located at 130 Myrtle Street Boston, MA.
What is the asking price?
The asking price for this property is $6,850,000.
What are key features of this property?
This property features: 8‑unit Beacon Hill multifamily built in 1899, fully leased through 8/31/2027.; Annual income reported as $370,800; inquire for the full rent roll and details.; AC and heat pumps (2022) in 7 of 8 units.
More about this property
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