
About This Home
As of April 2025Don't miss this exceptional opportunity to own a fully turn-key, income-generating multi-family property in Dorchester’s thriving rental market! Located just minutes from public transportation, including the Red Line at Ashmont Station and multiple MBTA bus routes. This well-maintained 3-unit building offers a high-yield investment with strong rental demand. Each spacious unit features 3 bedrooms and 1 bath. The vacant second unit allows flexibility for an owner-occupant or new tenant at market rent. Additionally, the unfinished basement offers ADU potential, with existing washer/dryer connections and a bathroom, creating an opportunity to add a fourth income-generating unit. With Section 8 rental rates exceeding $3,400 per month, this property presents a rare, high-cash-flow investment in a desirable location. Whether you're a seasoned investor or looking to expand your portfolio, this is an opportunity you do not want to miss!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,511
Year Built
- Built in 1905
Home Design
- Stone Foundation
- Frame Construction
Interior Spaces
- 3,843 Sq Ft Home
- Granite Flooring
- Walk-Out Basement
- Range<<rangeHoodToken>>
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Full Bathrooms
Parking
- Driveway
- Open Parking
Additional Features
- Porch
- 3,625 Sq Ft Lot
Listing and Financial Details
- Total Actual Rent $5,604
- Assessor Parcel Number W:14 P:04215 S:010,1311309
Community Details
Overview
- 3 Units
- Property has 1 Level
Building Details
- Net Operating Income $67,248
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Purchase Details
Purchase Details
Purchase Details
Purchase Details
Purchase Details
Similar Homes in Dorchester Center, MA
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | -- | -- | |
Deed | -- | -- | |
Deed | $257,000 | -- | |
Deed | $257,000 | -- | |
Foreclosure Deed | $513,000 | -- | |
Foreclosure Deed | $513,000 | -- | |
Deed | $615,000 | -- | |
Deed | $615,000 | -- | |
Deed | $589,000 | -- | |
Deed | $589,000 | -- | |
Deed | $320,000 | -- | |
Deed | $320,000 | -- | |
Deed | $30,000 | -- | |
Deed | $30,000 | -- | |
Foreclosure Deed | $85,000 | -- | |
Foreclosure Deed | $85,000 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $900,000 | Purchase Money Mortgage | |
Closed | $900,000 | Purchase Money Mortgage | |
Closed | $798,750 | Purchase Money Mortgage | |
Closed | $250,000 | New Conventional |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/14/2025 04/14/25 | Sold | $1,200,000 | -6.6% | $312 / Sq Ft |
03/03/2025 03/03/25 | Pending | -- | -- | -- |
02/19/2025 02/19/25 | Price Changed | $1,285,000 | -3.0% | $334 / Sq Ft |
02/06/2025 02/06/25 | For Sale | $1,325,000 | +24.4% | $345 / Sq Ft |
10/27/2022 10/27/22 | Sold | $1,065,000 | -7.4% | $277 / Sq Ft |
09/11/2022 09/11/22 | Pending | -- | -- | -- |
07/08/2022 07/08/22 | For Sale | $1,150,000 | -- | $299 / Sq Ft |
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 | $12,003 | $1,036,500 | $294,300 | $742,200 |
2024 | $10,511 | $964,300 | $310,500 | $653,800 |
2023 | $8,903 | $829,000 | $309,100 | $519,900 |
2022 | $8,272 | $760,300 | $283,500 | $476,800 |
2021 | $7,726 | $724,100 | $270,000 | $454,100 |
2020 | $6,963 | $659,400 | $245,200 | $414,200 |
2019 | $6,045 | $573,500 | $150,600 | $422,900 |
2018 | $5,225 | $498,600 | $150,600 | $348,000 |
2017 | $4,933 | $465,800 | $150,600 | $315,200 |
2016 | $4,455 | $405,000 | $150,600 | $254,400 |
2015 | $4,133 | $341,300 | $102,400 | $238,900 |
2014 | $3,731 | $296,600 | $102,400 | $194,200 |
Agents Affiliated with this Home
-
K
Seller's Agent in 2025
Kelly Rynearson
Byrnes Real Estate Group LLC
(508) 365-9651
1 in this area
29 Total Sales
-
J
Buyer's Agent in 2025
James Silva
At Home Real Estate Group, Inc
(617) 436-7676
1 in this area
28 Total Sales
-
D
Seller's Agent in 2022
David Cahill
Century 21 Cityside
1 in this area
74 Total Sales
-
Buyer's Agent in 2022
Talib Hussain
Keller Williams Elite
(774) 266-1068
1 in this area
163 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73333200

APN: DORC-000000-000014-004215-000010
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