April 23, 2014 | Updated 12:08pm

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The Bates Report

Small Multifamily Prices Surge

Inventory Not Helping Market

Are you thinking about buying a small multifamily (two to four units) building for investment in one of Boston’s most enviable markets? Good luck. The last listed two-to-four family sold in Beacon Hill on March 17, 2011. That’s right, for over two-and-a-half years the tony Boston neighborhood has pitched an MLS shutout for small multis.

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