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505-507 Boston StLynn, MA 01905

For Sale

$1,315,000

Smart Buyer Rebate $6,575

Turnkey 4-Unit Investment Property – Fully Rented!Exceptional opportunity to own a high-performing, fully rented four-unit property generating $8,985 per month in rental income. Unit 1 is currently configured as a two-bedroom, though public records list it as a three-bedroom. Property features include an updated boiler and water heaters, separately metered utilities, and a strong rental history ensuring consistent cash flow. Ideal for investors seeking a stable, low-maintenance asset in a desirable location.Private showings by appointment only. No open houses. Serious, vetted buyers only.

Listed by Leah Polacke

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Gamut Group LLC

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617-440-4654

Last updated October 28, 2025

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Source: MLSPin #73447102

Listing Facts

  • TypeMulti-family
  • NeighborhoodLower Boston Street
  • Bedrooms9
  • Bathrooms4
  • Days on Prevu27
  • Taxes$10,085/year
  • Size3,765 sqft
  • Price per sqft$349

Amenities

  • Private Outdoor Space
  • Parking

Location

Mortgage Calculator

Listing History

10/23/2025
Listed by Gamut Group LLC
$1,315,000

Property Details for 505-507 Boston St

Association

Amenities

  • Community Features: Public Transportation, Park, Walk/Jog Trails

Exterior

Construction

  • Number Of Units Total: 4
  • Stories: 4
  • Stories Total: 4
  • Year Built: 1910
  • Year Built Details: Approximate

Features

  • Patio And Porch Features: Porch

Measurements

  • Building Area Total: 3,765
  • Building Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.07
  • Lot Size Area: 0
  • Lot Size Square Feet: 3,250
  • Lot Size Units: Acres

Financial

Residential Income

  • Gross Income: $107,820.00
  • Operating Expense: $4,760.00

Taxes

  • Parcel Number: M:038 B:325 L:013,1994950
  • Tax Annual Amount: $10,085.00
  • Tax Assessed Value: $973,500.00
  • Tax Year: 2025

Interior

Measurements

  • Living Area: 3,765
  • Living Area Source: Public Record

Rooms

  • Basement: Full, Unfinished
  • Bathrooms Full: 4
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 9
  • Rooms Total: 17

Parking

Parking

  • Parking Features: Other
  • Parking Total: 1

Utilities

Equipment

  • Sewer: Public Sewer
  • Water Source: Public

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.