Rare opportunity to acquire a 24-unit, Cash Flowing Multifamily Asset in the Heart of Dorchester (one of Boston's most desirable rental markets). This Well-Maintained property generates $60,200 in monthly gross rental income (approximately $722,400 annually), featuring a highly sought after unit mix of 22 (2bd 1bth) units and 2 (1bd 1bth) units. Major capital improvements include updated plumbing and electrical systems completed within the past five years and a roof replaced approximately ten years ago. Additional features include separately metered utilities (Gas & Electric), ample off-street parking, and strong in-place cash flow with opportunities for long-term appreciation. Centrally located near Ashmont Station and Ruggles Station. Whether completing a 1031 exchange or expanding an investment portfolio, this turnkey asset offers immediate income, proven stability, and exceptional upside in one of Greater Boston's strongest multifamily markets. Pro Forma available.
14,592 Sq Ft
0.26 Private Acres Lot Size
investment
US$4,266 Monthly Tax
Built in 1989
MLS/Listing ID 73550688
6 Stories
24 Units
Parking - Off Street
Lot - Corner Lot
Heating - Natural Gas
Concrete Perimeter
Tile
Natural Wood
Balcony
Cooling - Window Units
Construction - Brick
Community - Golf
Public Water
Public Sewer
Community - Highway Access
Community - House of Worship
Community - Medical Facility
Community - Public School
Community - T-Station
Community - University
Professional Landscaping
Living Room
Community - Park
Community - Public Transportation
Community - Shopping
Community - Tennis Courts
Dishwasher
Freezer
Microwave
Range
Rubber
Refrigerator
TOTAL MONTHLY COST
US$0
US$0
US$0