$1,200,000
9
Beds
4
Baths
3,091
Living Area
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Property Description
Fantastic investment opportunity with strong rental returns in Dorchester! This cash cow offers over a 9% cap rate, featuring four rental units fully leased through 8/31/2025, generating $9,070 monthly plus an additional $220 from two rented garage spaces. Major updates include a new roof installed just two years ago and a newer Navien tankless hot water and heating system for efficient, low-maintenance living. Ideally located just a few minutes' walk to the Red Line, this prime location offers unbeatable access to public transportation and amenities. A perfect turn-key asset for investors seeking stable cash flow and long-term value. Property to be sold in "As-Is, As-Seen" Condition. Buyers do own due diligence. Can make a package deal with 98 Topliff St Boston.
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Highlights
- Area: Dorchester
- Parking Spots: 2
- Property Type: Multi Family
- Total Rooms: 16
- Status: Active
- Levels: 6
- Property Class: Residential Income
- Stories: 6
- Year Built: 1920
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Additional Details
- Basement: Finished
- Roof: Shingle
- Total Number of Units: 4
- Year Built Source: Public Records
- Foundation: Stone
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: 2f-5000
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Amenities
- Community Features: Public Transportation
- Parking Features: Paved Drive, Off Street
- Covered Parking Spaces: 2
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $809,400
- Compensation Based On: Gross/Full Sale Price
- Taxes: $9,455
- Buyer Agent Compensation: 2%
- Tax Year: 2025
- Total Rent: $9,070
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