31 Draper St
$1,675,000
12
Beds
3
Baths
3,812
Sqft
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$1,675,000
12
Beds
3
Baths
3,812
Living Area
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Property Description
Enormous gut renovated trophy 12 bed 3 bath luxury 3 family building with the potential for a 4th unit located in the heart of Dorchester in the Meeting House Hill & Fields Corner area! EVERYTHING IS NEW! This is a money maker & can serve as a great turn key portfolio addition, solid 1031 exchange, or a very lucrative rental investment building asset for years to come. This building grosses nearly $12,000/month (over $150K annually) with the option of doing another unit in the basement; potentially increasing rents to $16,000/month. Lead certificates on file! All units are decked out with luxury finishes, spa bathrooms, chef kitchens, hardwood flooring, central air, front decks, & much more. The exterior is also pristine featuring brand new siding, wrapped windows, & a new roof. New systems & central air. Close to Fields Corner Red Line T, Ronan Park, I-93, many shops, & restaurants. This is the turn key money making asset you have been looking for! Contact me now for details.
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Highlights
- Area: Dorchester
- Property Class: Residential Income
- Stories: 6
- Year Built: 1909
- Levels: 6
- Property Type: 3 Family
- Total Rooms: 21
- Status: Active
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Additional Details
- Basement: Full
- Foundation: Concrete Perimeter
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: R3
- Flooring: Hardwood
- Lot Features: Level
- Roof: Rubber
- Total Number of Units: 3
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
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Utilities
- Electric: 200+ Amp Service
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $889,200
- Facilitator Compensation: 1%
- Taxes: $9,692
- Buyer Agent Compensation: 2%
- Tax Year: 2024
- Total Rent: $11,740
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Listing information provided courtesy of Stony Brook & Lennox Realty Advisors.
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