MA
Suffolk
Boston
02125
4 Rand Pl
4 Rand Pl, Boston, MA 02125
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Listing Type
Multi Family
Listing Status
Active Under Contract
27
$799,000

Home Details for 4 Rand Pl

Price
$799,000
Type
Residential Income
Bedrooms
6
Bathrooms
3.0
Square feet
2141
Year built
1896
Lot size acres
0.07
County
Suffolk
Total rooms
10
Garage
Basement
Finished, Walk-Out Access, Interior Entry
Days on site
31
MLS Listing#
73470515
Property Description

Well-positioned two-family investment opportunity offering strong in-place cash flow on a quiet Dorchester side street. Fully gut-renovated prior to current ownership in 2015 and well maintained since, the property features modern systems, durable finishes, and minimal deferred maintenance. The building offers approximately 2,141 SF across two units with a total of 6 bedrooms and 3 bathrooms. Unit mix includes one 4-bedroom/2-bath unit and one 2-bedroom/1-bath unit. Current rents total $6,335/month ($76,020 annually), producing an estimated NOI of $60,760 and an attractive ~7.6% cap rate at the $799,000 asking price. Landlord responsibilities are limited to common electric, water/sewer, insurance, taxes, and routine maintenance. Strong income, updated condition, and consistent rental demand make this a stable long-term hold. First group showing: Saturday, January 24th, 11:30 AM–1:00 PM. Offer deadline Tuesday, January 27th at 12:00 PM (Make offer good until 1/27/25 4 PM)

Property Features
  • Basement
    • Finished
    • Walk-Out Access
    • Interior Entry
  • Parking
    • Paved
    • Off Street
  • Water Features
    • Public
Listing Courtesy: Efron Property Group, LLC - 781-502-8838
Presented by: Prospect Boston Team
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Market statistics compiled from data from Massachusetts Association of REALTORS.
EXIT PREMIER REAL ESTATE
85 Wilmington Road, Burlington, MA 01803
Brenda Cahoon
License #: 9049354
REALTOR®, MAR
Office
781 270 4770
Agent
781 910 5770
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