$1,475,000 · For sale

INVESTMENT OPPORTUNITY IN BOSTON! Exceptional opportunity for investors and owner-occupants alike. This recently renovated multifamily property offers 3 units, 9 bedrooms, 6 bathrooms, and 18 rooms, providing flexibility for rental income, owner occupancy, or a long-term investment strategy. Extensive recent renovations include updated electrical, plumbing System, Renovated Kitchens, Granite Counter Tops, updated windows, Flooring, Roof, with all three units renovated. A lead certificate is available, and the property features 3 off-street parking spaces—a valuable convenience in Boston. Reported annual income potential of approximately $154,000, offering an attractive opportunity for buyers seeking an income-producing asset. Conveniently located near public transportation, shopping, dining, and local amenities. Whether you are expanding your investment portfolio or looking to owner-occupy while generating rental income, this turnkey multifamily property is one to explore. Schedule your private showing today!
116 Lucerne St is a multi-family home for sale in Boston, MA 02124 with 4,053 square feet, asking $1,475,000. It was built in 1925. It has been on our site since October 28, 2026.
At $364 a square foot, it compares with a median of $420 among the 293 other multi-family homes for sale in Boston with a stated size.
The whole property at this address is assessed at $743,900 for fiscal year 2023.
It scores 34 out of 100 for walkability, from how close everyday places are.
The closest train or subway stop is Morton Street (MBTA Fairmount Line and Franklin/Foxboro Line), about 0.3 miles away. The closest bus stop is Blue Hill Ave @ Woodrow Ave (MBTA routes 28, 29), about 0.1 miles away.
The closest public schools by level are Shaw Elementary School (0.2 miles) and Boston International High School & Newcomers Academy (0.5 miles). The district decides which school serves an address.
Listing information from MLS Property Information Network (MLS PIN), MLS #73595786, deemed reliable but not guaranteed. Prices are compared with other homes listed on this site today. Trains and buses come from the transit agencies’ published schedules and schools from the National Center for Education Statistics. Distances are straight-line. Assessed values and past sales are public records from municipal assessors, published by MassGIS. An assessed value is set for taxation and may differ from market value.
See all Boston homes for sale and rent, every home in Boston by street, or browse every home for sale and neighborhood guides with Benjamin Realty.
To ask about this home or book a tour, call Benjamin Realty at (617) 734-5050 or email [email protected].