12 Spencer St Boston, MA 02124
For Sale
Welcome to this Diamond on the Rough! This 3-family home offers over 3,600 sq ft of living space and is perfect for savvy investors or multi-generational living. Located on a quiet street, this oversized multi boasts three large 2-bedroom units (each 2-bedroom can easily be reconfigured into a 3-bedroom unit), each featuring: Two exterior decks per unit, 3 Gas FHA Heating Systems, Updated CB panels (Main Panel is not installed), and Gas Hot Water Tanks. A walk-up 4th floor attic provides additional potential for expansion, storage, or creative use. This property is mid-remodel, making it an ideal blank canvas to complete the finishing touches to your vision. Whether you’re looking to generate strong rental income, condo-convert, or live in one unit while renting the others, this property checks all the boxes. bikeScore: 59, Bikeable walkScore: 84, Very Walkable transitScore: 74, Excellent Transit
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.