Unit Information
Grove Property Group is pleased to present 142 Dorchester Street, an 18-unit stabilized multifamily asset in South Boston offered at a 6+ cap rate on in-place income.The property operates as a studio apartment building and is delivered fully stabilized and turnkey. All 18 units have been updated with modern kitchens, baths, and flooring. Common areas are modern throughout. The building is fully sprinklered and includes an additional driveway with 4 tandem parking spaces. Each unit is equipped with its own kitchen and bathroom (not shared), individual thermostat control for heat and AC — master HVAC is owner-paid. On-site laundry provides ancillary income.142 Dorchester Street represents one of the few opportunities to acquire scale in South Boston's supply-constrained multifamily market at a sub-$265,000 per-unit basis with no capital requirements to close!
- Additional Details
- Status: NEW
- Type: Multi-Family, Multi Family
- Area: South Boston
- Zip Code: 02127
- Levels: 3
- Parking
- Garage Capacity: 4
- Parking Spaces: 4
- Rooms and Dimensions
- Total Units: 18
- Total Floors: 3
- Total Rooms: 18
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$4,750,000
- Status: New
- Listing ID: 73531446
- Bedrooms: 18
- Full Baths: 18
- Living Area: 4,908 sqft Convert
- Lot Size: 4,935 sqft Convert
- Acres: 0.11
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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 | |