Exceptional three-family investment opportunity offering strong in-place cash flow and an attractive return on a quiet Dorchester/Roxbury side street. Fully renovated in 2010 and thoughtfully updated since, this well-maintained 3,147 SF property features 8 bedrooms and 3 bathrooms across three spacious units, all with separate utilities.
The property generates $8,649/month in rent ($103,788 annually), resulting in a Net Operating Income of $83,493 and a compelling 7.33% cap rate at the $1,139,000 asking price—an increasingly rare yield in the Boston multifamily market.
Unit Mix:
Unit 1: 2 BR / 1 BA — $2,250/month
Unit 2: 3 BR / 1 BA — $3,199/month
Unit 3: 3 BR / 1 BA — $3,200/month
Tenants pay their own utilities, with the landlord responsible only for common electric and water/sewer. Turnkey condition, stable tenancy, and consistently strong rental demand make this an ideal buy-and-hold asset with minimal ongoing management requirements.
All property information is deemed reliable but not guaranteed and subject to change without notice. Buyers should verify all information independently.
Presented by Amaury De Labbey and Justin Efron, licensed Massachusetts real estate brokers with the Efron Property Group. Brokerage License No. 424459.
We comply with all Fair Housing laws. Information submitted is used solely to respond to property inquiries and will not be shared.
Disclosure: The broker of record is related to the seller.
