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114-116 Thornton Street Boston — Photo 1 of 40

114-116 Thornton Street Boston — Photo 1 of 40

$1,800,000

Investment Analysis — 114-116 Thornton Street

Boston, MA 02119 — Roxbury's Fort Hill

Based on rent reported on the MLS listing, a 3-unit multi-family in 02119 carries $12,870/mo in gross rent — about a 5.64% cap rate and $101,457/yr in estimated NOI at the $1,800,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

12

Baths

6

SqFt

3,852

Style

3 Family - 3 Units Up/Down

Built

1890

Updated - Fort Hill - three-family with strong in-place income in one of Roxbury’s most desirable residential neighborhoods. Generating $12,870 per month and $154,440 annually in current gross rental income and 6.64% cap rate, 114-116 Thornton Street presents an exceptional opportunity to acquire a renovated, income-producing multifamily property with a proven rental history. Spanning 3,852 square feet, the property features three spacious 4-bedroom, 2-bath residences, creating an impressive 12-bedroom, 6-bath configuration with approximately 1,284 square feet per unit. Each residence offers a generous layout with a large living room, eat-in kitchen, refinished hardwood floors and updated finishes throughout. Kitchens feature granite countertops and stainless steel appliances. Additional features include gas heat, a large shared backyard and free common laundry in the basement with two washers and two dryers. Ideally situated in Fort Hill, approximately one mile from Northeastern University, the property offers convenient access to the Longwood Medical Area, area universities, public transportation, Downtown Boston and the surrounding Roxbury and Mission Hill neighborhoods. With all three residences currently grossing $12,870 a month, 114-116 Thornton Street combines strong in-place income, renovated interiors and a desirable rental configuration with long-term investment potential.

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.

Immersive Experience

Property Details

Financials

Original Price$1,800,000
Annual Taxes$15,916.88

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms24
FireplacesNone
FlooringTile, Hardwood
BasementFull, Interior Entry, Concrete

Climate & Utilities

HeatingHot Water, Steam, Natural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofRubber
FoundationGranite
Zoning0012

Property & Lot

Acres0.09
SqFt Lot3,784
Lot FeaturesGentle Sloping

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Freezer

Neighborhood

Public Transportation • Park • Public School • T-Station • University

Geography

Property History

Listed
$1,800,000

Sep 16, 2026

MLS® 73578206

Sold
$1,550

Aug 18, 2011

MLS® 71201028

Listed
$1,550

Mar 16, 2011

MLS® 71201028

Listing Provided By

Listing Agent: Mission Realty Advisors

Listing Office: Compass

MLS® Number: 73578206