142 Dorchester Street, Boston, MA 02127
- $4,550,000
- 18
- BD
- 18
- BA
- 4,908
- SqFt
- List Price
- $4,550,000
- Price Change
- ▼ $200,000 1784577959
- Status
- ACTIVE
- MLS#
- 73531446
- Bedrooms
- 18
- Bathrooms
- 18
- Full Baths
- 18
- Living Area
- 4,908
- Lot Size (Acres)
- 0.11
- Year Built
- 1899
Property Description
Grove Property Group is pleased to present 142 Dorchester Street, an 18-unit stabilized multifamily asset in South Boston offered at a 6+ cap rate on in-place income.The property operates as a studio apartment building and is delivered fully stabilized and turnkey. All 18 units have been updated with modern kitchens, baths, and flooring. Common areas are modern throughout. The building is fully sprinklered and includes an additional driveway with 4 tandem parking spaces. Each unit is equipped with its own kitchen and bathroom (not shared), individual thermostat control for heat and AC — master HVAC is owner-paid. On-site laundry provides ancillary income.142 Dorchester Street represents one of the few opportunities to acquire scale in South Boston's supply-constrained multifamily market at a sub-$265,000 per-unit basis with no capital requirements to close!
/u.realgeeks.media/scottandwylie/header.png)
Additional Information
- Area
- South Boston
- Taxes
- $10,518
- Lot Description
- Corner Lot
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Listing Agent: GPG Team from Listing Office: Grove Property Group.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein.