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$1,300,000
Est. payment /mo
11 Beds
4 Baths
3,480 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 3 Family - 3 Units Up/Down
Listing Status Active
Purchase Type For Sale
Square Footage 3,480 sqft
Price per Sqft $373
MLS Listing ID 73361843
Bedrooms 11
Full Baths 4
Year Built 1912
Annual Tax Amount $9,555
Tax Year 2025
Lot Size 3,484 Sqft
Acres 0.08
Property Sub-Type 3 Family - 3 Units Up/Down
Property Description
Exceptional investment opportunity in Dorchester for aggressive investors seeking strong absolute returns! This cash cow offers over an 8% cap rate, with four rental units fully leased through 8/31/2025 and generating $8,850 monthly, plus an additional $200–$300 from a coin-operated laundry. Each unit features 3 bedrooms, 1 bathroom, a living room, and an eat-in kitchen — highly desirable layouts that drive rental demand. All electrical panels have been upgraded, and there is a separate common electric and gas meter for added efficiency. The property also features a newer forced air heating system for low-maintenance operation. Current rents are below market, and a new owner can easily raise rents by 20–30% starting September 2025. Prime location just a few minutes' walk to Fields Corner Red Line station. A true turnkey asset delivering strong cash flow today with major upside ahead. Property to be sold in "As-Is, As-Seen" Condition. Buyers to perform their own due diligence.
Location
State MA
County Suffolk
Area Dorchester
Zoning 3F-D-3000
Direction 98 Topliff St
Rooms
Basement Partially Finished
Exterior
Community Features Public Transportation
Garage No
Building
Lot Description Cleared
Story 6
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
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Listed by S&W Consulting Group LLC