Active
1 Days on market
124-128R Terrace St Boston — Photo 1 of 27

124-128R Terrace St Boston — Photo 1 of 27

$3,450,000

124-128R Terrace St, Boston, MA 02120

Boston, MA 02120 — Mission Hill

Investor Analysis

Beds

14

Baths

8

SqFt

5,737

Style

5-9 Family

Built

1880

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.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$601/sqft
Local Avg (Boston)$529/sqft
14% AboveMarket Average

* Analysis is based on 22 actively listed and recently sold comparable properties strictly within Boston, MA.

Property Details

Financials

Original Price$3,450,000
Annual Taxes$37,246

Parking

Garage2
Off-Street4

Interior Specifications

Total Rooms29
FireplacesNone
FlooringWood, Tile, Vinyl
BasementFinished, Walk-Out Access, Dirt Floor, Unfinished

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofRubber
FoundationStone
ZoningLI

Property & Lot

Acres0.09
SqFt Lot3,787
Lot FeaturesLevel

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Population

15,283

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$64K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

90.8%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Suffolk County

2,337 housing units permitted in the last 12 months (+13% vs the prior 12 months) — 2,062 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jul '26)

Listing Provided By

Listing Agent: Matthew O Hara

Listing Office: Blair Capital, LLC

MLS® Number: 73581795

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