About this home

Rare opportunity to acquire a 24-unit, Cash Flowing Multifamily Asset in the Heart of Dorchester (one of Boston's most desirable rental markets). This Well-Maintained property generates $60,200 in monthly gross rental income (approximately $722,400 annually), featuring a highly sought after unit mix of 22 (2bd 1bth) units and 2 (1bd 1bth) units. Major capital improvements include updated plumbing and electrical systems completed within the past five years and a roof replaced approximately ten years ago. Additional features include separately metered utilities (Gas & Electric), ample off-street parking, and strong in-place cash flow with opportunities for long-term appreciation. Centrally located near Ashmont Station and Ruggles Station. Whether completing a 1031 exchange or expanding an investment portfolio, this turnkey asset offers immediate income, proven stability, and exceptional upside in one of Greater Boston's strongest multifamily markets. Pro Forma available.

Facts and features

Schools

• Greenwood K-8 School

  elementary · K-8 · 0.3 mi

  3

• Mother Caroline Academy & Education Center

  elementary · 4-8 · 0.7 mi

• Albert D Holland School of Technology

  middle · 7-12 · 0.7 mi

  2

• Bridge Boston Charter School

  elementary · K-8 · 0.3 mi

  6

• Lee K-8 School

  elementary · K-8 · 0.4 mi

  3

• Codman Academy Charter Public School

  elementary · K-12 · 0.9 mi

  2

Price history

• Aug 21, 2026 · Price Changed$8,400,000
• Jul 16, 2026 · Listed$8,640,000
• Apr 21, 2006 · Listing Removed$3,000,000
• Nov 2, 2005 · Listed$3,000,000

Where it is