735 Parker Street Boston — Photo 1 of 42
$1,499,000
Investment Analysis — 735 Parker Street
Boston, MA 02120 — Mission Hill
Based on rent reported on the MLS listing, a 3-unit multi-family in 02120 carries $5,950/mo in gross rent — about a 2.35% cap rate and $35,261/yr in estimated NOI at the $1,499,000 list price. Adjust every assumption in the calculator below.
Beds
9
Baths
3
SqFt
2,974
Style
3 Family - 3 Units Up/Down
Built
1905
Welcome to 735 Parker Street! This 3 level multi-family located in the Mission Hill neighborhood of Boston is a true must see. Constructed in 1905, this expansive 2,974 sq. foot residence home offers a compelling opportunity for investors and handy homeowners alike - perfect for use as an investment property! All the levels are 3BR 1 Full Bath units, with the top 2 floors boasting room for expansion and potential to add another bedroom. Close proximity to the T, Longwood Medical area, universities, restaurents, shopping, & all that Boston has to offer! Tenant leases in place until 8/31/2027 for the 1st and 2nd floor units. Top floor unit is vacant. Natural gas heating throughout the building. WILL NOT LAST!!!
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 MLS and other third-party data may be inaccurate or out of date.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 • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat
Geography
Property History
$1,499,000
Sep 11, 2026
MLS® 73576219
$3,650
Aug 31, 2025
MLS® 73410455
$3,500
Jul 28, 2025
MLS® 73410455
Listing Agent: James Wood
Listing Office: Coldwell Banker Realty - Boston
MLS® Number: 73576219
