$1,300,000
11
Beds
4
Baths
3,480
Living Area
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Property Description
Exceptional investment opportunity in Dorchester for aggressive investors seeking strong absolute returns! This cash cow offers over an 8% cap rate, with four rental units fully leased through 8/31/2025 and generating $8,850 monthly, plus an additional $200–$300 from a coin-operated laundry. Each unit features 3 bedrooms, 1 bathroom, a living room, and an eat-in kitchen — highly desirable layouts that drive rental demand. All electrical panels have been upgraded, and there is a separate common electric and gas meter for added efficiency. The property also features a newer forced air heating system for low-maintenance operation. Current rents are below market, and a new owner can easily raise rents by 20–30% starting September 2025. Prime location just a few minutes' walk to Fields Corner Red Line station. A true turnkey asset delivering strong cash flow today with major upside ahead. Property to be sold in "As-Is, As-Seen" Condition. Buyers to perform their own due diligence.
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Highlights
- Area: Dorchester
- Property Class: Residential Income
- Stories: 6
- Year Built: 1912
- Levels: 6
- Property Type: 3 Family - 3 Units Up/Down
- Total Rooms: 18
- Status: Active
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Additional Details
- Basement: Partially Finished
- Lot Features: Cleared
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: 3f-d-3000
- Foundation: Stone
- Road Frontage Type: Public
- Total Number of Units: 4
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $818,000
- Compensation Based On: Gross/Full Sale Price
- Taxes: $9,555
- Buyer Agent Compensation: 2%
- Tax Year: 2025
- Total Rent: $8,850
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