116 Lucerne St
$1,475,000
9
Beds
6
Baths
4,053
Sqft
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$1,475,000
9
Beds
6
Baths
4,053
Living Area
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Property Description
INVESTMENT OPPORTUNITY IN BOSTON! Exceptional opportunity for investors and owner-occupants alike. This recently renovated multifamily property offers 3 units, 9 bedrooms, 6 bathrooms, and 18 rooms, providing flexibility for rental income, owner occupancy, or a long-term investment strategy. Extensive recent renovations include updated electrical, plumbing System, Renovated Kitchens, Granite Counter Tops, updated windows, Flooring, Roof, with all three units renovated. A lead certificate is available, and the property features 3 off-street parking spaces—a valuable convenience in Boston. Reported annual income potential of approximately $154,000, offering an attractive opportunity for buyers seeking an income-producing asset. Conveniently located near public transportation, shopping, dining, and local amenities. Whether you are expanding your investment portfolio or looking to owner-occupy while generating rental income, this turnkey multifamily property is one to explore. Schedule your private showing today!
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Highlights
- Area: Dorchester
- Heating: Forced Air
- Parking Spots: 3
- Property Type: 3 Family - 3 Units Up/Down
- Total Rooms: 15
- Status: Active
- Cooling: Window Unit(s)
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1925
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Additional Details
- Appliances: Range, Dishwasher, Microwave, Refrigerator, Trash Compactor
- Exterior Features: Balcony/Deck, Rain Gutters
- Foundation: Concrete Perimeter
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual, Renovated Since
- Zoning: R3
- Basement: Partial
- Flooring: Vinyl, Tile
- Interior Features: Lead Certification Available, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Remodeled, Living Room, Kitchen
- Roof: Shingle
- Total Number of Units: 3
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Laundromat, Highway Access, Private School
- Parking Features: Paved Drive, Off Street
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $850,400
- Tax Year: 2025
- Total Rent: $8,600
- Rental Fee Includes: Unit 1(Water, Hot Water), Unit 2(Water, Hot Water), Unit 3(Water, Hot Water)
- Taxes: $12,319
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Keller Williams Elite.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.