A rare opportunity to acquire a fully renovated, institutional-quality multifamily asset with a 7.4% cap rate in place. Roxbury is one of Boston's fastest-growing neighborhoods. Ideally located between Nubian Square and Fort Hill, 36-38 Regent Street offers exceptional access to the Longwood Medical Area, Downtown Boston, major universities, public transportation, and the rapidly evolving Roxbury corridor. A comprehensive down-to-the-studs renovation was completed in 2025, this turnkey investment consists of six luxury, condo-quality residences totaling approximately 7,950 square feet. The unit mix includes five 4-bedroom, 2-bath apartments and one 3-bedroom, 2-bath apartment, each thoughtfully designed with modern finishes, efficient layouts, and amenities that continue to drive exceptional rental demand. Virtually every major building system was replaced, including new electrical, plumbing, HVAC, roofing, windows, insulation, and high-end interior finishes, allowing an investor to acquire a virtually new asset with minimal anticipated capital expenditures for years to come. The property is 100% occupied, with all six apartments leased through August 31, 2027, generating approximately $26,925 per month in gross rental income while providing exceptional income stability from day one. Perched above the neighborhood, the property also enjoys beautiful city views, further distinguishing it from competing rental properties and enhancing its long-term appeal. Elevated setting with impressive neighborhood and city views. Turnkey multifamily assets of this quality, scale, and yield rarely become available in Boston. Whether you're completing a 1031 exchange, expanding a multifamily portfolio, or seeking a long-term generational investment, 36-38 Regent Street offers an exceptional combination of strong in-place cash flow, long-term lease stability, and virtually maintenance-free ownership in one of Boston's most dynamic neighborhoods.Proforma available upon request.
Washington Park, located between Franklin Park and Grove Hall, is a residential and cultural Boston neighborhood with brick rowhouses and broad, tree-lined streets. The neighborhood’s character concentrates around the Blue Hill Avenue and Washington Street junction, where storefronts, barbershops, and takeout counters keep the sidewalks in motion. The Strand Theatre anchors the arts calendar, while the Franklin Park Zoo and the William J. Devine Golf Course set a green, outdoorsy edge nearby. Triple-deckers and late-19th-century homes define many blocks, with pocket parks breaking up the grid. Daily life orbits around local markets, community institutions, and bus corridors that stitch the area to the rest of the city.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Stone, granite or solid countertops
Upgraded cabinets and countertops
Remodeled interior
Kitchen areas
Living room / dining room combo
Bathroom with shower stall
Bathrooms with tub and shower
Insulated doors
Insulated windows
Total of 41 rooms
Bedrooms
Details not provided
Bathrooms
12 full bathrooms
Kitchen
Range
Dishwasher
Disposal
Microwave
Refrigerator
Freezer
Plumbed for ice maker
Laundry & utility
Washer and dryer present
Washer hookup
Electric dryer hookup
Flooring
Wood flooring
Tile
Stone/ceramic tile
Heating & cooling
Forced air heating
Heat pump
Electric heating
Central air conditioning
Heat pump cooling
6 heating units
6 cooling units
Exterior features
Porch
Sprinkler system
Corner lot
Steep slope
Public road frontage
Home design
5+ unit multi-family (side by side)
5 stories
Green exterior color
Parking
Has garage
1 garage space
1 covered space
Off-street parking
Total 1 parking space
Security
Details not provided
Construction
Frame and brick construction
Stone and brick/mortar foundation
Rubber roof
Approximate year built (public records)
Utilities
Public water
Public sewer
Circuit breaker electric service
Electric range/oven hookups
Washer hookup
Icemaker connection
Utilities may vary per unit
HOA & community
Community features include public transportation, shopping, parks, medical facility, laundromat, bike path, highway access, house of worship, public school, T-Station, and university
Not a senior community
Financial info
Listing status: Active
Other
Building area total approximately 7,950
Frontage length 121
Electricity and solar
View estimated energy costs and solar savings for this home
Multifamily Residential Subdistricts, as indicated by the designation MFR on said Maps. The Multifamily Residential Subdistricts are established to encourage medium-density multifamily areas with a variety of allowed housing types including one-, two-, and three-family Dwellings, Row Houses, Town Houses, and Multifamily Dwellings.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Fire house
Library
Police station
Park & open space
Aug 14, 2023 • Final
Plumbing
Work on plumbing.
Bathroom
Plumbing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 97° expected this year, 15 days in 30 years
6/10 Wind Factor
64% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Boston, MA • 02119
Average low and high temperatures (°F)
34
21
37
23
51
34
59
42
69
53
80
63
84
68
78
62
73
58
63
48
52
38
39
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
84/ 100
Very good sunlight
Sunscore
This home ranks in the top 13% for direct sun exposure in Boston. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.2 hrs
3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 36-38 Regent St
There isn’t enough information to generate an accurate estimate at this time. Learn More