Unit Information
Well-positioned two-family investment opportunity offering strong in-place cash flow on a quiet Dorchester side street. Fully gut-renovated prior to current ownership in 2015 and well maintained since, the property features modern systems, durable finishes, and minimal deferred maintenance. The building offers approximately 2,141 SF across two units with a total of 6 bedrooms and 3 bathrooms. Unit mix includes one 4-bedroom/2-bath unit and one 2-bedroom/1-bath unit. Current rents total $6,335/month ($76,020 annually), producing an estimated NOI of $60,760 and an attractive ~7.6% cap rate at the $799,000 asking price. Landlord responsibilities are limited to common electric, water/sewer, insurance, taxes, and routine maintenance. Strong income, updated condition, and consistent rental demand make this a stable long-term hold. First group showing: Saturday, January 24th, 11:30 AM–1:00 PM. Offer deadline Tuesday, January 27th at 12:00 PM (Make offer good until 1/27/25 4 PM)
- Additional Details
- Status: NEW
- Type: Multi-Family, Multi Family
- Area: Dorchester's Uphams Corner
- Zip Code: 02125
- Levels: 3
- Parking
- Garage Capacity: 5
- Parking: Paved Drive, Off Street
- Parking Spaces: 5
- Rooms and Dimensions
- Total Units: 2
- Total Floors: 3
- Total Rooms: 10
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$799,000
- Status: New
- Listing ID: 73470515
- Bedrooms: 6
- Full Baths: 3
- Living Area: 2,141 sqft Convert
- Lot Size: 3,213 sqft Convert
- Acres: 0.07
View description
Luxury Residential Group
(617) 233-5800
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LRG Luxury Residential Group | 355 Boylston St, Boston MA 02116 | (617) 233-5800 | |