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Jared Scali

jared@classifiedre.com +1(603) 508-2256

$3,800,000

Est. payment - /mo

23 Beds

12 Baths

7,950 SqFt

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Open House

Fri Sep 11, 12:00pm - 12:30pm

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Key Details

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Side by Side

Listing Status Active

Purchase Type For Sale

Square Footage 7,950 sqft

Price per Sqft $477

MLS Listing ID 73573397

Bedrooms 23

Full Baths 12

Year Built 1900

Annual Tax Amount $14,212

Tax Year 2027

Lot Size 3,049 Sqft

Acres 0.07

Property Sub-Type 5+ Family - 5+ Units Side by Side

Property Description

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.

Location

State MA

County Suffolk

Area Roxbury'S Fort Hill

Zoning R4

Direction Google Maps

Rooms

Basement Full, Garage Access, Unfinished

Interior

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

Heating Forced Air, Heat Pump, Electric

Cooling Central Air, Heat Pump

Flooring Wood, Tile, Stone/Ceramic Tile

Appliance Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer, Plumbed For Ice Maker

Laundry Electric Dryer Hookup, Washer Hookup

Exterior

Exterior Feature Sprinkler System

Garage Spaces 1.0

Community Features Public Transportation, Shopping, Park, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Public School, T-Station, University

Utilities Available for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup, Icemaker Connection, Varies per Unit

Roof Type Rubber

Total Parking Spaces 2

Garage Yes

Building

Lot Description Corner Lot, Steep Slope

Story 5

Foundation Stone, Brick/Mortar

Sewer Public Sewer

Water Public

Others

Senior Community false

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Listed by Compass

NEARBY SCHOOL & BUSINESS

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Jared Scali

+1(603) 508-2256

Agent License ID: 9584698

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36-38 Regent St Boston, MA 02119

Jared Scali

Open House

Key Details

Location

Rooms

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION