$4,550,000

House for sale Boston
Property photo number 1 of 15 Photos for Property. File  105156537_29_b2017a6a80b1d3e6bbaf9e06a152ef5f.jpeg

Overview

SUMMARY: Discover an opportunity with this Boston house for sale and available for $4,550,000. This could be your next ideal home or a smart investment. More details await.
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!
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Details

  • Beds: 18
  • Baths: 18
  • Price: $4,550,000
  • Area: 4,908 sqft

Location

Marketed by:

  • Listing Manager
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