Property Description

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.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 9
  • Total Full Baths: 3
  • Amenities: Bike Path, Conservation Area, Golf Course, Highway Access, House of Worship, Laundromat, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, T-Station, University, Walk/Jog Trails
  • Common Interior Features: Tile Floor

Financial

  • APOD Available: No
  • Expenses Source: Pro. Forma Available
  • Gross Operating Income: 117600
  • Gross Expenses: 20890
  • Electric Expenses: 540
  • Water/Sewer: 3600
  • INSC: 3000
  • Repairs & Maintenance: 4000
  • Net Operating Income: 96710

Utilities

  • Electric Info: Individually Metered
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1987
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Granite
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Tile
  • Lead Paint: Certified Treated, None
  • Warranty: No

Other Information

  • MLS ID# 73456335
  • Last Updated: 11/19/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
11/19/2025New$1,225,000$299MLSPIN

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Seller's Representative: Prospect Boston Team, Efron Property Group, LLC
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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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2025-11-19 14:18:00

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