Active
1 Days on market
36-38 Regent St Boston — Photo 1 of 27

36-38 Regent St Boston — Photo 1 of 27

$3,800,000

36-38 Regent St, Boston, MA 02119

Boston, MA 02119 — Roxbury

Beds

23

Baths

12

SqFt

7,950

Style

5+ Family - 5+ Units Side by Side

Built

1900

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.

Immersive Experience

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$478/sqft
Local Avg (Boston)$545/sqft
12% BelowMarket Average

* Analysis is based on 21 actively listed and recently sold comparable properties strictly within Boston, MA.

Property Details

Financials

Original Price$3,800,000
Annual Taxes$14,212.36

Parking

Garage1
Off-Street1

Interior Specifications

Total Rooms41
FireplacesNone
FlooringWood, Tile, Stone/Ceramic Tile
BasementFull, Garage Access, Unfinished

Climate & Utilities

HeatingForced Air, Heat Pump, Electric
CoolingCentral Air, Heat Pump
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame, Brick
RoofRubber
FoundationStone, Brick/Mortar
ZoningR4

Property & Lot

Acres0.07
SqFt Lot2,986
Lot FeaturesCorner Lot, Steep Slope

Amenities & Appliances

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

Neighborhood

Public Transportation • Shopping • Park • Medical Facility • Laundromat • Bike Path

Geography

Population

27,377

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$48K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

73.5%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Suffolk County

2,527 housing units permitted in the last 12 months (+37% vs the prior 12 months) — 2,269 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: Mission Realty Advisors

Listing Office: Compass

MLS® Number: 73573397

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