MA
Suffolk
Boston
02127
142 Dorchester Street
142 Dorchester Street, Boston, MA 02127
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Listing Type
Multi Family
Listing Status
Active
24
$4,750,000

Home Details for 142 Dorchester Street

Price
$4,750,000
Type
Residential Income
Bedrooms
18
Total Bathrooms
18
Full Bathrooms
18
Square feet
4908
Year built
1899
Lot size acres
0.11
County
Suffolk
Total rooms
18
MLS Listing#
73531446
Property Description

Grove Property Group is pleased to present 142 Dorchester Street, an 18-unit stabilized multifamily asset in South Boston offered at a 6+ cap rate on in-place income.The property operates as a studio apartment building and is delivered fully stabilized and turnkey. All 18 units have been updated with modern kitchens, baths, and flooring. Common areas are modern throughout. The building is fully sprinklered and includes an additional driveway with 4 tandem parking spaces. Each unit is equipped with its own kitchen and bathroom (not shared), individual thermostat control for heat and AC — master HVAC is owner-paid. On-site laundry provides ancillary income.142 Dorchester Street represents one of the few opportunities to acquire scale in South Boston's supply-constrained multifamily market at a sub-$265,000 per-unit basis with no capital requirements to close!

Property Features
  • Water Features
    • Public
Listing Courtesy: Grove Property Group - 617-812-9035
Presented by: GPG Team
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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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