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 7.74% 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
7.74% 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 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.