7 Esmond Street, Boston, MA 02121
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$4,749,900
12 Unit
34 Beds
12 Baths
10008 SQFT
0.12 Acre

Property Description

Situated on Esmond Street in Dorchester, this recently renovated property offers 12 generously sized units, comprising ten 3-bedroom and two 2-bedroom apartments. Each unit features a spacious layout tailored for comfortable living, along with the added convenience of onsite laundry. The building is ideally located near numerous public transportation options, ensuring easy commutes for residents. In less than a year of ownership, monthly rental income has increased by over $6,000, reaching a total of $36,380 per month. With operating expenses lower than expected and additional room for rental growth, this property presents a strong opportunity for long-term investment.

Property Details tap to expand

Building Information

  • Total Units: 12
  • Total Floors: 7
  • Total Bedrooms: 34
  • Total Full Baths: 12
  • Amenities: Golf Course, Park, Public School, Public Transportation
  • Basement Features: Finished, Full, Other (See Remarks)
  • Common Rooms: Kitchen, Living Room
  • Common Appliances: Dishwasher, Range, Refrigerator
  • Common Heating: Electric, Extra Flue, Forced Air, Gas, Heat Pump, Space Heater

Financial

  • APOD Available: No
  • Expenses Source: Owner Provided
  • Gross Operating Income: 436440
  • Gross Expenses: 34500
  • Electric Expenses: 6000
  • Water/Sewer: 13000
  • INSC: 15500
  • RFS: 5200
  • Net Operating Income: 372921

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 4 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1910
  • Type: 5-9 Family
  • Foundation Info: Concrete Block
  • Roof Material: Rubber
  • Flooring Type: Wood
  • Lead Paint: Certified Treated
  • Warranty: No

Other Information

  • MLS ID# 73353142
  • Last Updated: 04/05/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
04/05/2025Active$4,749,900$475MLSPIN
04/05/2025Active$4,749,900$475MLSPIN

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Seller's Representative: Hakim Sadler, MIG
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-04-05 03:05:00