24
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$4,550,000
Est. payment /mo
18 Beds
18 Baths
4,908 SqFt
Price Dropped by $200K
142 Dorchester Street Boston, MA 02127
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Key Details
Property Type Multi-Family
Sub Type 5+ Family - Rooming House
Listing Status Active
Purchase Type For Sale
Square Footage 4,908 sqft
Price per Sqft $927
MLS Listing ID 73531446
Bedrooms 18
Full Baths 18
Year Built 1899
Annual Tax Amount $10,518
Tax Year 2026
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type 5+ Family - Rooming House
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!
Location
State MA
County Suffolk
Area South Boston
Zoning A
Direction GPS
Exterior
Waterfront Description 1/10 to 3/10 To Beach
Total Parking Spaces 4
Garage No
Building
Lot Description Corner Lot
Story 3
Foundation Other
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by Grove Property Group
Nearby Locations
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