$4,629,900
$120K PRICE DROP

Estimated payment $27,988/month

Total Views 3,999
34 Beds
12 Baths
10,008 Sq Ft
$463 Price per Sq Ft

Highlights

  • Golf Course Community
  • Jogging Path
  • Living Room
  • Property is near public transit
  • Balcony
  • Park

About This Home

Situated on Esmond Street in Dorchester, this recently renovated property offers 12 generously sized units, comprising ten 3-bedroom and two 2-bedroom apartments. Each unit features a spacious layout tailored for comfortable living, along with the added convenience of onsite laundry. The building is ideally located near numerous public transportation options, ensuring easy commutes for residents. In less than a year of ownership, monthly rental income has increased by over $7,000, reaching a total of $37,262 per month. With operating expenses lower than expected and additional room for rental growth, this property presents a strong opportunity for long-term investment.

Listing Agent

Hakim Sadler

MIG Listed on: 04/01/2025

Co-Listing Agent

Jeff Ravelo

MIG

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $29,015

Year Built

  • Built in 1910

Lot Details

  • 5,395 Sq Ft Lot
  • Level Lot

Parking

  • Open Parking

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Rubber Roof

Interior Spaces

  • Window Screens
  • Living Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 34 Bedrooms
  • 12 Full Bathrooms

Additional Features

  • Balcony
  • Property is near public transit
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
  • Assessor Parcel Number W:14 P:02805 S:000,1308928

Community Details

Overview

  • 12 Units
  • Property has 1 Level

Recreation

  • Golf Course Community
  • Park
  • Jogging Path

Building Details

  • Electric Expense $6,000
  • Insurance Expense $15,500
  • Water Sewer Expense $13,000
  • Operating Expense $68,719
  • Net Operating Income $378,425

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$29,015

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1910
  • Levels: 5
  • Year Built Details: Approximate
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 5

Interior Features

  • Interior Amenities: Living Room, Kitchen
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Refrigerator
  • Total Bedrooms: 34
  • Full Bathrooms: 12
  • Total Bathrooms: 12
  • Total Bathrooms: 12
  • Basement: Full, Finished
  • Above Grade Finished Sq Ft: 10007
  • Below Grade Sq Ft: 1
  • Living Area: 10008
  • Spa YN: No
  • Stories Total: 5
  • Window Features: Screens
  • MAIN LO: AC1495
  • LIST PRICE PER Sq Ft: 462.62
  • PRICE PER Sq Ft: 462.62

Exterior Features

  • Exterior Features: Balcony
  • Construction Materials: Brick
  • Foundation Details: Block
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Rubber
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Electric, Natural Gas
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Park, Walk/Jog Trails, Golf
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 13000

Lot Info

  • Parcel Number: W:14 P:02805 S:000,1308928
  • Zoning: A
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5395
  • Lot Size Units: Acres
  • PAGE: 255

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 29015
  • Tax Book Number: 70139

Multi Family

  • Electric Expense: 6000
  • Gross Income: 447144
  • Insurance Expense: 15500
  • Net Operating Income: 378425
  • Number Of Units Total: 12
  • Operating Expense: 68719
  • Total Actual Rent: 11570
  • LEVELS 1: 1
  • Basement Included Sq Ft: Yes
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 4: 2
  • FLRS 3: 1
  • FLRS 2: 1

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2025 06/28/25 Price Changed $4,629,900 0.0% $463 / Sq Ft
06/28/2025 06/28/25 Price Changed $4,629,900 -1.1% $463 / Sq Ft
04/16/2025 04/16/25 Price Changed $4,679,900 0.0% $468 / Sq Ft
04/16/2025 04/16/25 Price Changed $4,679,900 -1.5% $468 / Sq Ft
04/01/2025 04/01/25 For Sale $4,749,900 0.0% $475 / Sq Ft
04/01/2025 04/01/25 For Sale $4,749,900 -- $475 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Similar Home in Boston, MA

  • 7 Esmond St, Boston, MA 02121

    $4,629,900

    • 34 Beds
    • 12 Baths
    • 10,008 Sq Ft
    • 7 Esmond St
    • Boston, MA

    Situated on Esmond Street in Dorchester, this recently renovated property offers 12 generously sized units, comprising ten 3-bedroom and two 2-bedroom apartments. Each unit features a spacious layout tailored for comfortable living, along with the added convenience of onsite laundry. The building is ideally located near numerous public transportation options, ensuring easy commutes for residents.

    Hakim Sadler MIG

    Section Image

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73353196

MLS Property Information Network (MLS PIN)