Unit Information
Rare opportunity to acquire a 24-unit, Cash Flowing Multifamily Asset in the Heart of Dorchester (one of Boston's most desirable rental markets). This Well-Maintained property generates $60,200 in monthly gross rental income (approximately $722,400 annually), featuring a highly sought after unit mix of 22 (2bd 1bth) units and 2 (1bd 1bth) units. Major capital improvements include updated plumbing and electrical systems completed within the past five years and a roof replaced approximately ten years ago. Additional features include separately metered utilities (Gas & Electric), ample off-street parking, and strong in-place cash flow with opportunities for long-term appreciation. Centrally located near Ashmont Station and Ruggles Station. Whether completing a 1031 exchange or expanding an investment portfolio, this turnkey asset offers immediate income, proven stability, and exceptional upside in one of Greater Boston's strongest multifamily markets. Pro Forma available.
- Additional Details
- Status: NEW
- Type: Multi-Family, Multi Family
- Area: Dorchester
- Zip Code: 02124
- Levels: 6
- Parking
- Garage Capacity: 24
- Parking: Off Street
- Parking Spaces: 24
- Rooms and Dimensions
- Total Units: 24
- Total Floors: 6
- Total Rooms: 94
- Has Basement: Yes
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$8,640,000
- Status: New
- Listing ID: 73550688
- Bedrooms: 46
- Full Baths: 24
- Living Area: 14,592 sqft Convert
- Lot Size: 11,248 sqft Convert
- Acres: 0.26
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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 | |