Exceptional three-family investment opportunity offering strong rental income and modern updates in a prime Dorchester location. This well-maintained property features three spacious 3-bedroom, 1-bath units totaling 3,231 sq. ft. of living area—all with central A/C, updated finishes, and reliable long-term tenants.
The building underwent a full gut renovation prior to current ownership in 2014, with Unit #3 completely rehabbed afterward, ensuring quality condition throughout.
Currently fully leased, the property generates $9,898/month in gross rental income ($118,776 annually). With annual operating expenses of approximately $23,407, the property delivers a net income of $95,369 and a 7.75% cap rate at the current list price.
Investor Highlights:
(3) 3-Bed / 1-Bath Units
3,231± Sq. Ft. of living space
Fully leased | $9,898/month income
$118,776 Gross Annual Income
$95,369 Net Operating Income
7.75% Cap Rate
Full gut renovation + additional unit rehab (2014)
Central A/C in all units
Tenants pay electricity and gas (heat & hot water)
Landlord pays common electric & water/sewer
Strong cash flow, modern systems, and a central location make this a turn-key income property ideal for investors seeking stable returns and long-term value in one of Boston’s fastest-growing neighborhoods.
