11
Beds
3
Baths
3,583
Sq Ft
3,633
Sq Ft Lot
Highlights
- Property is near public transit
- Park
- Coin Laundry
- Porch
- Shops
- 4-minute walk to Stanley-Bellevue Park
About This Home
As of July 2024BOM DUE TO BUYER FINANCING. Rare opportunity to own a STABILIZED INVESTMENT in the RED HOT Dorchester market. STRONG INCOME, grossing $10,569/month & $126,828 annually. A TRUE 7 CAP asset that will CASH FLOW from day 1. This massive 3 Family is fully rented w. (2) 4 bed units and (1) 3 bed unit w. the POTENTIAL TO ADD A 4TH UNIT! Plans for additional unit in hand. Washer/dryer hookup in the basement. All 3 units have Lead Compliance Certificates. Separate utilities (except water). Ample parking. Close proximity to local amenities that are essential for work and play in the City. 1.6 Miles to South Bay Shopping Mall. Short drive to Logan airport. Easy commute to Downtown Boston. With the current RENTS so HIGH, this home has the HIGHEST ROI of any 3 family in Dorchester. This CASH COW is the perfect property to add to your portfolio!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,081
Year Built
- Built in 1900
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 3,583 Sq Ft Home
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 11 Bedrooms
- 3 Full Bathrooms
Parking
- 4 Car Parking Spaces
- Driveway
- Open Parking
Location
- Property is near public transit
- Property is near schools
Schools
- Bps Elementary And Middle School
- Bps High School
Additional Features
- Porch
- 3,633 Sq Ft Lot
- 100 Amp Service
Listing and Financial Details
- Total Actual Rent $10,569
- Assessor Parcel Number 1299948
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Shops
- Coin Laundry
Recreation
- Park
Building Details
- Net Operating Income $126,828
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/12/2024 07/12/24 | Sold | $1,275,000 | +2.0% | $356 / Sq Ft |
| 06/18/2024 06/18/24 | Pending | -- | -- | -- |
| 06/13/2024 06/13/24 | For Sale | $1,249,950 | 0.0% | $349 / Sq Ft |
| 04/02/2024 04/02/24 | Pending | -- | -- | -- |
| 03/28/2024 03/28/24 | For Sale | $1,249,950 | +184.7% | $349 / Sq Ft |
| 02/25/2013 02/25/13 | Sold | $439,000 | -0.2% | $123 / Sq Ft |
| 01/26/2013 01/26/13 | Pending | -- | -- | -- |
| 12/26/2012 12/26/12 | For Sale | $439,900 | -- | $123 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | $12,093 | $1,044,300 | $275,300 | $769,000 |
| 2024 | $10,081 | $924,900 | $253,800 | $671,100 |
| 2023 | $9,117 | $848,900 | $232,800 | $616,100 |
| 2022 | $8,715 | $801,000 | $219,700 | $581,300 |
| 2021 | $7,988 | $748,600 | $205,300 | $543,300 |
| 2020 | $6,385 | $604,600 | $188,200 | $416,400 |
| 2019 | $5,956 | $565,100 | $138,300 | $426,800 |
| 2018 | $5,383 | $513,600 | $138,300 | $375,300 |
| 2017 | $5,081 | $479,800 | $138,300 | $341,500 |
| 2016 | $4,887 | $444,300 | $138,300 | $306,000 |
| 2015 | $4,545 | $375,300 | $140,900 | $234,400 |
| 2014 | $4,244 | $337,400 | $140,900 | $196,500 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,185,750 | Purchase Money Mortgage | |
| Closed | $1,185,750 | Purchase Money Mortgage | |
| Closed | $329,250 | No Value Available | |
| Closed | $680,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $200,000 | Purchase Money Mortgage | |
| Previous Owner | $91,250 | Purchase Money Mortgage |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $235,000 | -- | |
| Deed | $235,000 | -- | |
| Foreclosure Deed | $193,769 | -- | |
| Foreclosure Deed | $193,769 | -- | |
| Deed | $535,000 | -- | |
| Deed | $535,000 | -- | |
| Deed | $35,000 | -- |
Source: Public Records
Similar Homes in the area
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73217363
APN: DORC-000000-000015-001874
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.
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