Prime turn-key investment opportunity in Dorchester. This well-maintained three-family building offers (3) spacious 3-bed / 1-bath units totaling 4,098 sq. ft. of living space on a 3,800 sq. ft. lot. All units were renovated prior to current ownership in 2012, with updated kitchens & baths completed after purchase, delivering modern rental appeal and stable tenant demand.
The property is fully leased, generating $9,800/month in rental income ($117,600 annual gross). With annual operating expenses of approx. $20,890, current net income is approx. $96,710, realizing a 7.9% cap rate at list price.
Investor Highlights:
3-Family | (3) 3-bed / 1-bath units
4,098± SF living area
Fully rented | $9,800/month income
$117,600 Gross Annual Income
$96,710 Net Operating Income
7.9% Cap Rate
Tenants pay electricity, gas heat & hot water
Landlord covers common electric & water/sewer
All units previously rehabbed + updated kitchens & baths
Turn-key cash-flowing asset in strong rental market
No driveway but does provide ample off street parking
Fantastic opportunity for investors seeking stable income, low maintenance, and solid returns in one of Boston’s strongest rental corridors — close to transit, parks, shops, and neighborhood amenities.
