Unit Information
Turn-key investment opportunity in Dorchester with a 7.9% cap rate! Well-maintained three-family property offering (3) spacious 3-bed/1-bath units and approximately 4,098± sq. ft. of living area on a 3,800± sq. ft. lot. All units were updated prior to 2012 with additional kitchen and bath improvements completed after purchase, creating strong rental appeal and long-term stability. The building is fully occupied and generates $9,800/month ($117,600 annual gross). Annual operating expenses are approx. $20,890, producing a net income of roughly $96,710. Additional features include separate utilities, landlord-paid common electric and water/sewer, and Lead Compliance Certificates for all three units. Situated near Codman Square with convenient access to transit, parks, shops, and neighborhood amenities. A solid, cash-flowing asset ideal for investors seeking dependable returns in a high-demand rental corridor.
- Additional Details
- Status: ACT
- Type: Multi-Family, 3 Family
- Area: Dorchester's Codman Square
- Zip Code: 02124
- Levels: 3
- Parking
- Parking: On Street
- Rooms and Dimensions
- Total Units: 3
- Total Floors: 3
- Total Rooms: 15
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$1,225,000
- Listing ID: 73456335
- Bedrooms: 9
- Full Baths: 3
- Living Area: 4,098 sqft Convert
- Lot Size: 3,800 sqft Convert
- Acres: 0.09
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Luxury Residential Group
(617) 233-5800
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LRG Luxury Residential Group | 355 Boylston St, Boston MA 02116 | (617) 233-5800 | |