603 Massachusetts Ave Boston — Photo 1 of 18
$4,250,000
Investment Analysis — 603 Massachusetts Ave
Boston, MA 02118 — South End
Based on rent reported on the MLS listing, a 5-unit multi-family in 02118 carries $27,300/mo in gross rent — about a 5.43% cap rate and $230,944/yr in estimated NOI at the $4,250,000 list price. Adjust every assumption in the calculator below.
Beds
12
Baths
4.5
SqFt
4,472
Style
5+ Family - 5+ Units Up/Down
Built
1899
Exceptional, recently renovated, mixed-use investment opportunity in a prime Boston location! This well-positioned property features 4 residential units and 1 commercial unit, offering a versatile combination of residential and commercial income potential. Ideally situated along Massachusetts Avenue with easy access to all that the South End has to offer - public transportation, restaurants, shops, hospitals, and major commuter routes. A fantastic opportunity for investors or owner-occupants seeking a centrally located mixed-use property in the heart of Boston. Showings on request only. Please allow 48 hours notice.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Highway Access • House of Worship • Public School • T-Station • University
Geography
Property History
$4,250,000
Sep 16, 2026
MLS® 73578044
$1,599,000
Dec 31, 2007
MLS® 70331454
$1,599,000
Feb 14, 2006
MLS® 70331454
Listing Agent: Saad Munir
Listing Office: Torii, Inc.
MLS® Number: 73578044