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Octavio Maldonado

otimaldo@joinreal.com +1(617) 785-5809

$ 2,195,000

Est. payment | -/mo

12 Beds

6 Baths

5,934 SqFt

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$ 2,195,000

Est. payment | -/mo

Save

12 Beds

6 Baths

5,934 SqFt

Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,934 sqft

Price per Sqft $369

MLS Listing ID 73559203

Bedrooms 12

Full Baths 6

Year Built 1910

Annual Tax Amount $8,591

Tax Year 2025

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type 5-9 Family

Property Description

An exceptionally straightforward six-unit offering in Dorchester's Mount Bowdoin — fully leased and producing $196,224 in gross annual rent from day one.The building holds six identical two-bedroom, one-bath flats arranged two per floor across three levels. That symmetry makes the property unusually easy to own, easy to lease and easy to underwrite. At roughly 989 square feet apiece the units are meaningfully more generous than the submarket average, and that extra room is what renews leases year after year. Total living area is 5,934 square feet on a 4,600 square foot parcel zoned R4.The systems are simple and cost-efficient. Gas heat and gas hot water throughout, with tenants carrying their own gas and electric service while ownership covers only water and sewer. The result is a genuinely lean expense profile for a building of this vintage, and a rent roll that flows to the bottom line rather than to the utility company.Location does the rest. Bus service along Blue Hill Avenue and Washington Street is immediately at hand, the Fairmount Line reaches South Station in roughly twenty minutes, Fields Corner on the Red Line sits under a mile away, and I-93 is minutes out. Boston's medical and university employment centers are an easy commute in nearly every direction, and two-bedroom apartments remain the deepest and most consistently absorbed rental product in the city.All-two-bedroom six-unit buildings seldom reach the open market in this submarket, and rarely arrive fully occupied. Whether you are adding scale to an established Boston portfolio or stepping into your first five-plus-unit asset, this is a clean, income-producing building with no renovation budget required at acquisition.Shown by appointment only with 24 hours' notice. Please do not disturb occupants.

Location

State MA

County Suffolk

Zoning R4

Direction Mt Bowdoin: Savin Hill Ave to Pleasant St to Hancock St to Bowdoin St to Bullard St to Rosseter

Rooms

Basement Full, Interior Entry, Concrete, Unfinished

Interior

Flooring Varies

Exterior

Exterior Feature Balcony, Garden

Community Features Public Transportation, Park, Laundromat, House of Worship, T-Station

Utilities Available for Electric Range, for Electric Oven

View Y/N Yes

View City

Roof Type Rubber

Garage No

Building

Lot Description Sloped

Story 5

Foundation Stone

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Heartland Property Real Estate

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(617) 785-5809

otimaldo@joinreal.com

Po Box 325, Raynham, Massachusetts, 02767, USA

125 Rosseter St Boston, MA 02121

Octavio Maldonado

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby Locations

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125 Rosseter St