$1,200,000
9
Beds
3
Baths
3,180
Living Area
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Property Description
Welcome to this contemporary three-family property, built in 2002 and offering an excellent opportunity for investors and owner-occupants alike.Each of the three units features an identical, spacious layout with three bedrooms, one full bathroom, in-unit laundry, hardwood floors throughout, and an open living and dining area. The modern kitchens feature dishwashers, recessed lighting, and ample cabinet space.The property is currently generating approximately $7,200 per month in total rental income, providing an immediate income stream for the new owner. Even more attractive, two of the three units are expected to be delivered vacant by November 2026, offering the next owner flexibility to occupy, renovate, reposition, or lease those units at market rents.This flexibility creates an opportunity for an investor to evaluate and potentially improve the property’s income performance, while an owner-occupant can take advantage of the vacant units and live on-site.Ideally located on Hamilton Street in Dorchester, the property provides convenient access to schools, local shopping, restaurants, public transportation, and major roadways. Multiple bus routes, the MBTA Red Line and Commuter Rail, and easy access to I-93 make commuting throughout Boston and surrounding communities convenient.A compelling opportunity for investors, owner-occupants, and buyers looking to maximize the potential of a three-family property in Boston.
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Highlights
- Levels: 3
- Property Type: 3 Family - 3 Units Up/Down
- Total Rooms: 15
- Status: Active
- Property Class: Residential Income
- Stories: 3
- Year Built: 2002
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Additional Details
- Construction: Frame
- Flooring: Hardwood
- Lot Features: Corner Lot
- Roof: Rubber
- Total Number of Units: 3
- Year Built Source: Public Records
- Fireplaces: 9
- Foundation: Concrete Perimeter
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: R3
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Amenities
- Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station
- Parking Features: On Street
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $956,600
- Taxes: $11,862
- Tax Year: 2026
- Total Rent: $8,400
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