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$2,990,000

  • For Sale
  • Active
  • Multi-Family
  • 4 Units
  • 12 Total Beds
  • 0.16 Acres
  • Updated 5 days ago
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1031 EXCHANGE, VALUE-ADD OPPORTUNITY: Introducing 40-42 Hillside Street! An amazing Value-Add opportunity into this high barrier entry market. A four family building consisting of (1) 1+bed/1 bath, (1) 1 bed/1 bath, (2) 5 bed/1 bath apartments, and two off-street parking spaces in front of the building. All three apartments re-sanded hardwood floors, high ceilings, big bedrooms, full bathrooms and full kitchen. In the basement there is a washer and dryer. Large unfinished basement and large backyard.For the lease term of 9/1/25-8/31/26: 40 Hillside St. Unit 1 is rented for $2,600, 40 Hillside St. Unit 2 is rented for $5,400, and 42 Hillside St Unit 2 is rented for $5,600. Don't miss out on this great investment opportunity! Building

Full Property Details for 40-42 Hillside St

General

  • Price: $2,990,000
  • Taxes: $15,964 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: MLSPin
  • MLS ID: 73347145
  • Updated: 3/26/2025
  • Added to Site: 12 day(s) ago

Rental Information

  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)

Interior

  • Number of Rooms: 25
  • Interior Features: Ceiling Fan(s), Bathroom With Tub & Shower, Living Room, Kitchen, Office/Den
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Appliances: Range, Oven, Dishwasher, Disposal, Refrigerator, Freezer, Washer
  • Flooring: Wood, Tile, Carpet, Varies, Hardwood, Stone/Ceramic Tile

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main - Full Baths: 4

Bedrooms

  • Total Bedrooms: 12

Additional Information

  • Year Round: Yes

Exterior

  • Exterior Features: Balcony/Deck

Parking

  • Total Spaces: 2
  • Parking Features: Paved Drive, Off Street, Paved

Location

  • Area: Mission Hill
  • County: Suffolk
  • Driving Directions: Tremont St. to Parker St. right on Hillside St.

School Information

  • Elementary School: Bps
  • Middle School: Bps
  • High School: Bps

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Electric
  • Heating Fuel: Electric
  • Heating Zones: 4

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Connection for Gas Range, Connection for Electric Range, Connection for Gas Oven, Connection for Electric Oven

Structural Information

  • Basement: Yes
  • Basement Desc.: Full, Partially Finished, Unfinished
  • Roof: Shingle
  • Stories/Levels: 6
  • Square Feet: 5,774
  • Sq. Ft. Source: Public Records
  • Year Built: 1910

Lot Features

  • Lot Size (Acres): 0.16
  • Lot Dimensions: .16
  • Frontage: Public
  • Fence: Yes
  • Fencing (Description): Fenced/Enclosed, Fenced

Financial Considerations

  • Price Per Sq. Ft.: $517.84
  • Tax Amount: $15,964
  • Tax Year: 2024

Disclosures and Reports

  • Property ID: 3399928
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 40-42 Hillside St —

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 40-42 Hillside St

School District:Boston Public Schools
RatingNameGradesDistance
NR
West Zone Early Learning Center
200 Heath St, Jamaica Plain, MA 02130
PK-10.4 mi
4
John F. Kennedy Elementary School, Jamaica Plain, MA
7 Bolster St, Jamaica Plain, MA 02130
PK-50.6 mi
6
Nathan Hale Elementary School
51 Cedar St, Roxbury, MA 02119
PK-50.6 mi
1
James P. Timilty Middle School
205 Roxbury St, Roxbury, MA 02119
6-80.5 mi
NR
McKinley Middle School
50 Saint Marys Street, Boston, MA 02215
6-81.3 mi
2
Lila G. Frederick Middle School
270 Columbia Rd, Dorchester, MA 02121
6-81.9 mi
5
Fenway High School
67 Alleghany St, Boston, MA 02120
9-120.1 mi
NR
The Edward M. Kennedy Academy For Health Careers 9-10
10 Fenwood Road, Boston, MA 02115
9-100.4 mi
1
Madison Park Technical Vocational High School
75 Malcolm X Blvd, Roxbury, MA 02120
9-120.6 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 40-42 Hillside St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/19/2025
Listed
$2,990,000
2200%
MLS
7/25/1995
Sold
$130,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 40-42 Hillside St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$15,964
-32%
$1,464,600
-33%
2023
$23,416
2%
$2,180,300
3%
2022
$23,028
8%
$2,116,500
6%
2021
$21,305
6%
$1,996,700
5%
2020
$20,080
10%
$1,901,500
10%
2019
$18,216
9%
$1,728,300
8%
2018
$16,765
9%
$1,599,700
10%
2017
$15,342
11%
$1,448,700
15%
2016
$13,857
12%
$1,259,700
23%
2015
$12,369
13%
$1,021,400
17%
2014
$10,940
—
$869,600
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 40-42 Hillside St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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40-42 Hillside St, Boston, MA 02120 (MLS# 73347145) is a Multi-Family property with 4 units containing 12 bedrooms and 4 full bathrooms. 40-42 Hillside St is currently listed for $2,990,000 and was received on March 19, 2025. This property is listed by The Whaley Ring Team from our Boston-Back Bay Office.Want to learn more about 40-42 Hillside St? Do you have questions about finding other Multi-Family real estate for sale in Boston? You can browse all Boston real estate or contact a Coldwell Banker agent to request more information.

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