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About this property
Call for offers - 110-128R Terrace Street is an 18,000 sqft site which is ZBA approved for 79 residential apartments with first floor retail and garage parking. $5,2M with ZBA approvals. The site is comprised of 5 parcels. This listing is three continguous residential buildings at 124, 126 & 128R Terrace, listed for $3.45M and is a 3 family with TAW, a 3 fam which is already vacant and a single family with a TAW. Being sold with MLS# 73581797, which is a corner commercial building at 110-118 Terrace St that has 2 TAW businesses, both aware of the development/preparing to vacate & the adjacent 3539 sqft lot, considered 120 Terrace St. The asking price for just the real estate as is, $4.99M. Ask agent for details and planned development context map for Terrace St.
Property details
| Units | 7 |
| Living area | 5,737 sqft |
| Lot size | 3,787 sqft |
| Year built | 1880 |
| Price / sqft | $601 |
| County | Suffolk |
| MLS # | 73581795 |
Listing status
| Days on market | 0 days |
| Listed on | September 23, 2026 |
Taxes & financials
| Annual property tax | $37,246 |
| Tax year | 2026 |
| Assessed value | $3,003,700 |
| Zoning | LI |
| Gross income (actual) | $73,200/yr |
| Net operating income (actual) | $73,200/yr |
| Total actual rent | $7,500/mo |
Building & lot
| Stories | 6 |
| Total rooms | 29 |
| Lot size | 0.09 acres |
| Garage spaces | 2 |
| Parking spaces | 4 |
| Parking | On Street |
| Basement | Finished, Walk-Out Access, Dirt Floor, Unfinished |
| Foundation | Stone |
| Roof | Rubber |
| Construction | Frame |
| Flooring | Wood, Tile, Vinyl |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
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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 124-128R Terrace St, Boston MA 02120 have?
It is a 7-unit multi-family property with 5,737 sqft of living area, built in 1880.
How long has 124-128R Terrace St, Boston MA 02120 been on the market?
124-128R Terrace St, Boston MA 02120 has been listed for 0 days (since September 23, 2026).
What is the price per unit?
At a list price of $3,450,000 across 7 units, that works out to roughly $492,857 per unit.
What are the property taxes on 124-128R Terrace St, Boston MA 02120?
Annual property taxes are $37,246 (2026), on an assessed value of $3,003,700.
What is the price per square foot?
At $3,450,000 for 5,737 sqft, that's about $601 per square foot.
Is there parking?
2 garage spaces and 4 total parking spaces (on street).
Where is this property located?
124-128R Terrace St, Boston MA 02120 is in Boston, Suffolk County, MA 02120.
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