Seller's Agent in 2025
Arian Simaku
Simaku Realty, LLC
(857) 753-5683
1 in this area
118 Total Sales
12 Lorenzo St Dorchester, MA 02122
Neponset-Port Norfolk Neighborhood
9
Beds
3
Baths
3,264
Sq Ft
2,765
Sq Ft Lot
Highlights
- Marina
- Medical Services
- Property is near public transit
- Golf Course Community
- Waterfront
- Cathedral Ceiling
About This Home
As of February 2025INVESTMENT GEM! GREAT FOR FIRST TIME HOME BUYER OR INVESTOR. Seize this exceptional opportunity to own a massive 3-family property, ideally situated just minutes from 93 N and S, in the convenient Port Norfolk area of Dorchester. This highly sought-after rental property is updated throughout, each unit boasting 3 beds, 1 bath, kitchen, a living room, central air/heat & three sets of laundry facilities in the walk-out basement. Each unit also has tankless hot water heaters, separate systems, and individual storage units. Units 1 and 3 are occupied by tenants at will, paying $3,200 respectively. Potential market rent exceeds $9,600 monthly. The property is FULLY LEAD COMPLIANT, making it a superb addition to any active investor's portfolio or an ideal first-time investment – simply turn the key and start cashing checks!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,277
Year Built
- Built in 1900
Lot Details
- 2,765 Sq Ft Lot
- Waterfront
- Fenced
Home Design
- Triplex
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,264 Sq Ft Home
- Cathedral Ceiling
- Ceiling Fan
- Insulated Windows
- Insulated Doors
- Living Room
- Dining Room
- Gas Dryer Hookup
Kitchen
- Range
- Microwave
- Dishwasher
- Solid Surface Countertops
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Full Bathrooms
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- On-Street Parking
- Open Parking
Outdoor Features
- Balcony
Location
- Property is near public transit
- Property is near schools
Utilities
- Forced Air Heating and Cooling System
- 220 Volts
Listing and Financial Details
- Total Actual Rent $7,705
- Rent includes unit 1(water), unit 2(water), unit 3(water)
- Assessor Parcel Number 1316994
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Park
- Jogging Path
- Bike Trail
Building Details
- Electric Expense $907
- Insurance Expense $4,446
- Water Sewer Expense $3,388
- Operating Expense $4,277
- Net Operating Income $76,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 25, 2024
Closed on
Feb 7, 2025
Sold by
Chan Chee S
Bought by
Nguyen Thi M
Seller's Agent
Arian Simaku
Simaku Realty, LLC
Buyer's Agent
Kathy Nguyen
Keller Williams Realty Boston-Metro | Back Bay
List Price
$1,289,000
Sold Price
$1,290,000
Premium/Discount to List
$1,000
0.08%
Views
23
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,231
Avg. Annual Appreciation
3.37%
Original Mortgage
$645,000
Outstanding Balance
$639,986
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$684,245
Purchase Details
Listed on
Apr 23, 2019
Closed on
Aug 26, 2019
Sold by
Blair Rainer M and Blair Alaine F
Bought by
Chan Chee S
Seller's Agent
Matt O'Hara
Blair Capital, LLC
Buyer's Agent
Arian Simaku
Simaku Realty, LLC
List Price
$1,099,000
Sold Price
$1,070,000
Premium/Discount to List
-$29,000
-2.64%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.50%
Original Mortgage
$780,000
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 29, 2010
Sold by
Gmac Mortgage Llc
Bought by
George Douglas and Bragel
Purchase Details
Closed on
Jan 4, 2010
Sold by
Ewing Elsie E and Gmac Mortgage Llc
Bought by
Gmac Mortgage Llc
Purchase Details
Closed on
Sep 19, 2000
Sold by
Leung Do W
Bought by
Mariluz Eloy
Purchase Details
Closed on
Sep 2, 1988
Sold by
Doyle John F Est
Bought by
Leung Do W
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $1,290,000 | None Available | |
| Not Resolvable | $1,070,000 | -- | |
| Deed | $206,000 | -- | |
| Deed | $206,000 | -- | |
| Deed | $206,000 | -- | |
| Foreclosure Deed | $306,000 | -- | |
| Foreclosure Deed | $306,000 | -- | |
| Deed | $227,000 | -- | |
| Deed | $227,000 | -- | |
| Deed | $146,700 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $645,000 | Purchase Money Mortgage | |
| Closed | $645,000 | Purchase Money Mortgage | |
| Previous Owner | $780,000 | Purchase Money Mortgage | |
| Previous Owner | $325,500 | No Value Available | |
| Previous Owner | $50,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/07/2025 02/07/25 | Sold | $1,290,000 | +0.1% | $395 / Sq Ft | |
| 12/31/2024 12/31/24 | Pending | -- | -- | -- | |
| 12/25/2024 12/25/24 | For Sale | $1,289,000 | +20.5% | $395 / Sq Ft | |
| 09/05/2019 09/05/19 | Sold | $1,070,000 | -2.6% | $328 / Sq Ft | View Prior Sale |
| 08/01/2019 08/01/19 | Pending | -- | -- | -- | |
| 07/19/2019 07/19/19 | For Sale | $1,099,000 | 0.0% | $337 / Sq Ft | |
| 05/16/2019 05/16/19 | Pending | -- | -- | -- | |
| 04/23/2019 04/23/19 | For Sale | $1,099,000 | -- | $337 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $14,020 | $1,210,700 | $214,100 | $996,600 |
| 2024 | $12,277 | $1,126,300 | $161,100 | $965,200 |
| 2023 | $11,750 | $1,094,000 | $156,500 | $937,500 |
| 2022 | $11,329 | $1,041,300 | $148,900 | $892,400 |
| 2021 | $10,787 | $1,011,000 | $144,600 | $866,400 |
| 2020 | $8,392 | $794,700 | $153,600 | $641,100 |
| 2019 | $7,614 | $722,370 | $111,980 | $610,390 |
| 2018 | $6,885 | $656,920 | $111,980 | $544,940 |
| 2017 | $6,625 | $625,570 | $111,980 | $513,590 |
| 2016 | $6,372 | $579,260 | $111,980 | $467,280 |
| 2015 | $5,112 | $422,100 | $108,100 | $314,000 |
| 2014 | $4,915 | $390,700 | $108,100 | $282,600 |
Source: Public Records
Agents Affiliated with this Home
-
Arian Simaku
-
Kathy Nguyen
K
Buyer's Agent in 2025
Kathy Nguyen
Keller Williams Realty Boston-Metro | Back Bay
(617) 542-0012
1 in this area
34 Total Sales
-
Matt O'Hara
M
Seller's Agent in 2019
Matt O'Hara
Blair Capital, LLC
(617) 413-3027
4 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73321329
APN: DORC-000000-000016-002749
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
Nearby Homes
- 400-412 Neponset Ave
- 62 Redfield St Unit 1
- 378 Neponset Ave
- 22 Chickatawbut St Unit 2
- 169 Walnut St Unit 2
- 43 Chickatawbut St
- 171 Walnut St Unit 4
- 45 Chickatawbut St Unit 1
- 8 Mckone St
- 51 Coffey St Unit 51C
- 56 Coffey St Unit 10
- 36 Mckone St Unit 2
- 36 Mckone St
- 36 Mckone St Unit 1
- 45 Hancock St Unit 203
- 223 Neponset Ave Unit 2
- 103 Minot St
- 60 Newbury St Unit 10
- 133 Commander Shea Blvd Unit 315
- 133 Commander Shea Blvd Unit 609