24 Buttonwood Street
$1,800,000
9
Beds
6
Baths
3,396
Sqft
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$1,800,000
9
Beds
6
Baths
3,396
Living Area
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Property Description
Fully renovated, fully leased, and positioned in the heart of Savin Hill, this three-family offers investors the rare combination of strong in-place income, modern condition, and long-term upside. Renovated in 2021, the property features three spacious 3-bedroom, 2-bath residences with hardwood floors, shaker-style cabinetry, stainless steel appliances, central air conditioning, private rear decks, and separate laundry in the basement. All three units are leased through August 31, 2027, generating current gross rents of $11,650 per month and $139k annually. The pro forma projects gross rents increasing to $146,790 for the 2027–2028 rental cycle, with a projected 7.0% cap rate at rent stabilization. The location further strengthens the investment story, with convenient access to the JFK/UMass Red Line station, UMass Boston, Carson Beach, South Bay, and the continued development of Columbia Point. With easy access to Downtown Boston, the Seaport, major highways, neighborhood restaurants, parks, and the waterfront, this is a compelling opportunity to acquire a stabilized, income-producing asset in one of Dorchester’s most dynamic and well-connected neighborhoods.
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Highlights
- Area: Dorchester's Savin Hill
- Heating: Forced Air, Natural Gas
- Property Class: Residential Income
- Stories: 3
- Year Built: 1920
- Cooling: Central Air
- Levels: 3
- Property Type: 3 Family - 3 Units Up/Down
- Total Rooms: 15
- Status: Active
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Additional Details
- Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
- Construction: Frame, Stone
- Flooring: Wood, Tile, Hardwood
- Interior Features: Storage, Stone/Granite/Solid Counters, Upgraded Cabinets, Upgraded Countertops, Bathroom with Shower Stall, Open Floorplan, Remodeled, Kitchen, Living RM/Dining RM Combo
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: 0105
- Basement: Full, Unfinished
- Exterior Features: Balcony/Deck
- Foundation: Stone
- Lot Features: Gentle Sloping
- Roof: Rubber
- Total Number of Units: 3
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, Public School, T-Station, University
- Waterfront Features: Bay, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
- Parking Features: On Street
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Utilities
- Electric: 200+ Amp Service
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $1,125,800
- Tax Year: 2027
- Total Rent: $11,650
- Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
- Taxes: $14,087
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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 Compass.
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