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INVESTMENT SNAPSHOT
About this property
INVESTMENT OPPORTUNITY IN BOSTON! Exceptional opportunity for investors and owner-occupants alike. This recently renovated multifamily property offers 3 units, 9 bedrooms, 6 bathrooms, and 18 rooms, providing flexibility for rental income, owner occupancy, or a long-term investment strategy. Extensive recent renovations include updated electrical, plumbing System, Renovated Kitchens, Granite Counter Tops, updated windows, Flooring, Roof, with all three units renovated. A lead certificate is available, and the property features 3 off-street parking spaces—a valuable convenience in Boston. Reported annual income potential of approximately $154,000, offering an attractive opportunity for buyers seeking an income-producing asset. Conveniently located near public transportation, shopping, dining, and local amenities. Whether you are expanding your investment portfolio or looking to owner-occupy while generating rental income, this turnkey multifamily property is one to explore. Schedule your private showing today!
Property details
| Units | 3 |
| Living area | 4,053 sqft |
| Lot size | 4,245 sqft |
| Year built | 1929 |
| Price / sqft | $364 |
| County | Suffolk |
| MLS # | 73595786 |
Listing status
| Days on market | 1 days |
| Listed on | October 27, 2026 |
Taxes & financials
| Annual property tax | $12,319 |
| Tax year | 2025 |
| Assessed value | $850,400 |
| Zoning | R3 |
| Gross income (actual) | $103,200/yr |
| Net operating income (actual) | $103,200/yr |
| Total actual rent | $8,600/mo |
Building & lot
| Stories | 3 |
| Total rooms | 15 |
| Lot size | 0.1 acres |
| Garage spaces | 0 |
| Parking spaces | 3 |
| Parking | Paved Drive, Off Street |
| Basement | Partial |
| Foundation | Concrete Perimeter |
| Roof | Shingle |
| Flooring | Vinyl, Tile |
Utilities & systems
| Heating | Forced Air |
| Cooling | Window Unit(s) |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range |
| Appliances | Range, Dishwasher, Microwave, Refrigerator, Trash Compactor |
Location
More about investing in Boston →
Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 116 Lucerne St, Boston MA 02124 have?
It is a 3-unit multi-family property with 4,053 sqft of living area, built in 1929.
How long has 116 Lucerne St, Boston MA 02124 been on the market?
116 Lucerne St, Boston MA 02124 has been listed for 1 day (since October 27, 2026).
What is the price per unit?
At a list price of $1,475,000 across 3 units, that works out to roughly $491,667 per unit.
What are the property taxes on 116 Lucerne St, Boston MA 02124?
Annual property taxes are $12,319 (2025), on an assessed value of $850,400.
What is the price per square foot?
At $1,475,000 for 4,053 sqft, that's about $364 per square foot.
Is there parking?
3 total parking spaces (paved drive, off street).
Where is this property located?
116 Lucerne St, Boston MA 02124 is in Boston, Suffolk County, MA 02124.
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