$2,375,000
11
Beds
4/3
Baths
4,313
Living Area
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Property Description
42 Moseley Street presents a rare opportunity to acquire a fully renovated four-family investment property in the coveted Savin Hill, one of Boston's fastest-appreciating waterfront neighborhoods, offering a 6.7% in-place capitalization rate and $179,400 in annual gross rental income for immediate, stable cash flow in one of Greater Boston's strongest rental markets. The well-maintained building consists of four spacious apartments, including three extensively gut-renovated 3-bedroom, 1.5-bath units and one 2-bedroom, 1-bath unit, all featuring modern finishes, updated systems, and functional layouts with significant capital improvements throughout that continue to attract strong tenant demand and support premium rental income. Ideally situated near the JFK/UMass MBTA Red Line Station, Carson Beach, the Harborwalk, UMass Boston, South Boston, the Seaport District, Downtown Boston, and I-93, the property offers exceptional connectivity while benefiting from the tremendous public and private investment transforming the surrounding Columbia Point and Dorchester waterfront, including a multi-billion-dollar transformation around JFK/UMass Station featuring major infrastructure improvements, new mixed-use residential development, continued expansion at UMass Boston, and the ongoing redevelopment of Columbia Point—investments expected to further strengthen rental demand and support continued appreciation throughout the Savin Hill market. Investment opportunities offering this combination of strong in-place cash flow, quality renovations, and long-term appreciation potential in a supply-constrained rental neighborhood are increasingly rare; whether completing a 1031 exchange, expanding a multifamily portfolio, seeking a generational investment, or simply looking for a place to live, 42 Moseley Street delivers immediate income, an outstanding location, and the chance to own a high-performing asset in the heart of Savin Hill. Inquire for more information—proforma available upon request.
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Highlights
- Area: Dorchester's Savin Hill
- Heating: Central, Forced Air, Natural Gas
- Property Class: Residential Income
- Stories: 4
- Year Built: 1900
- Cooling: Central Air
- Levels: 4
- Property Type: 4 Family - 4 Units Up/Down
- Total Rooms: 19
- Status: Active
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Additional Details
- Appliances: Range, Oven, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Disposal, Freezer
- Exterior Features: Balcony/Deck
- Foundation: Concrete Perimeter, Brick/Mortar, Granite
- Lot Features: Corner Lot
- SqFt Source: Measured
- Year Built Details: Approximate
- Zoning: R4
- Basement: Partial
- Flooring: Wood
- Interior Features: Pantry, Stone/Granite/Solid Counters, Upgraded Cabinets, Upgraded Countertops, Bathroom with Shower Stall, Remodeled, Living Room, Kitchen, Laundry Room
- Roof: Rubber
- Total Number of Units: 4
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, House of Worship, Public School, T-Station, University
- Waterfront Features: Bay, Ocean, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $571,400
- Tax Year: 2027
- Total Rent: $14,925
- Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
- Taxes: $7,144
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