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Key Details
Sold Price $1,275,000
Property Type Multi-Family
Sub Type 3 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,583 sqft
Price per Sqft $355
MLS Listing ID 73217363
Sold Date 07/12/24
Bedrooms 11
Full Baths 3
Year Built 1900
Annual Tax Amount $10,081
Tax Year 2024
Lot Size 3,484 Sqft
Acres 0.08
Property Sub-Type 3 Family
Property Description
BOM DUE TO BUYER FINANCING. Rare opportunity to own a STABILIZED INVESTMENT in the RED HOT Dorchester market. STRONG INCOME, grossing $10,569/month & $126,828 annually. A TRUE 7 CAP asset that will CASH FLOW from day 1. This massive 3 Family is fully rented w. (2) 4 bed units and (1) 3 bed unit w. the POTENTIAL TO ADD A 4TH UNIT! Plans for additional unit in hand. Washer/dryer hookup in the basement. All 3 units have Lead Compliance Certificates. Separate utilities (except water). Ample parking. Close proximity to local amenities that are essential for work and play in the City. 1.6 Miles to South Bay Shopping Mall. Short drive to Logan airport. Easy commute to Downtown Boston. With the current RENTS so HIGH, this home has the HIGHEST ROI of any 3 family in Dorchester. This CASH COW is the perfect property to add to your portfolio!
Location
State MA
County Suffolk
Area Dorchester
Zoning R3
Direction Hamilton -> Barry St. (Use GPS)
Rooms
Basement Full
Exterior
Community Features Public Transportation, Shopping, Park, Laundromat, Public School, T-Station
Utilities Available for Gas Range
Roof Type Shingle
Total Parking Spaces 4
Garage No
Building
Story 6
Foundation Stone, Other
Sewer Public Sewer
Water Public
Schools
Elementary Schools Bps
Middle Schools Bps
High Schools Bps
Others
Senior Community false
Acceptable Financing Lender Approval Required
Listing Terms Lender Approval Required
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Bought with Mariel Yovino • Compass
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Jim Armstrong
Team Leader/Broker Associate | License ID: 9074205
Team Leader/Broker Associate License ID: 9074205