MA
Suffolk
Boston
02125
24 Buttonwood Street
24 Buttonwood Street, Boston, MA 02125
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Listing Type
Multi Family
Listing Status
Active
42
$1,800,000

Home Details for 24 Buttonwood Street

Price
$1,800,000
Type
Residential Income
Bedrooms
9
Total Bathrooms
6
Full Bathrooms
6
Square feet
3396
Year built
1920
Lot size acres
0.05
County
Suffolk
Total rooms
15
Basement
Full, Unfinished
MLS Listing#
73577184
Property Description

Fully renovated, fully leased, and positioned in the heart of Savin Hill, this three-family offers investors the rare combination of strong in-place income, modern condition, and long-term upside. Renovated in 2021, the property features three spacious 3-bedroom, 2-bath residences with hardwood floors, shaker-style cabinetry, stainless steel appliances, central air conditioning, private rear decks, and separate laundry in the basement. All three units are leased through August 31, 2027, generating current gross rents of $11,650 per month and $139k annually. The pro forma projects gross rents increasing to $146,790 for the 2027–2028 rental cycle, with a projected 7.0% cap rate at rent stabilization. The location further strengthens the investment story, with convenient access to the JFK/UMass Red Line station, UMass Boston, Carson Beach, South Bay, and the continued development of Columbia Point. With easy access to Downtown Boston, the Seaport, major highways, neighborhood restaurants, parks, and the waterfront, this is a compelling opportunity to acquire a stabilized, income-producing asset in one of Dorchester’s most dynamic and well-connected neighborhoods.

Property Features
  • Cooling Information
    • Central Air
    • Zoned
    • Multi Units
  • Heating Information
    • Natural Gas
    • Forced Air
    • Zoned
  • House Interior
    • Storage
    • Open Floorplan
  • Basement
    • Full
    • Unfinished
  • Water Features
    • Public
  • Parking
    • On Street
Listing Courtesy: Compass - 617-752-6845
Presented by: Mission Realty Advisors
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Market statistics compiled from data from Massachusetts Association of REALTORS.
EXIT BAYSIDE REALTY
1827 Dorchester Avenue, Boston, MA 02124
Office
617 265 6111
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