An exceptionally straightforward six-unit offering in Dorchester's Mount Bowdoin — fully leased and producing $196,224 in gross annual rent from day one.The building holds six identical two-bedroom, one-bath flats arranged two per floor across three levels. That symmetry makes the property unusually easy to own, easy to lease and easy to underwrite. At roughly 989 square feet apiece the units are meaningfully more generous than the submarket average, and that extra room is what renews leases year after year. Total living area is 5,934 square feet on a 4,600 square foot parcel zoned R4.The systems are simple and cost-efficient. Gas heat and gas hot water throughout, with tenants carrying their own gas and electric service while ownership covers only water and sewer. The result is a genuinely lean expense profile for a building of this vintage, and a rent roll that flows to the bottom line rather than to the utility company.Location does the rest. Bus service along Blue Hill Avenue and Washington Street is immediately at hand, the Fairmount Line reaches South Station in roughly twenty minutes, Fields Corner on the Red Line sits under a mile away, and I-93 is minutes out. Boston's medical and university employment centers are an easy commute in nearly every direction, and two-bedroom apartments remain the deepest and most consistently absorbed rental product in the city.All-two-bedroom six-unit buildings seldom reach the open market in this submarket, and rarely arrive fully occupied. Whether you are adding scale to an established Boston portfolio or stepping into your first five-plus-unit asset, this is a clean, income-producing building with no renovation budget required at acquisition.Shown by appointment only with 24 hours' notice. Please do not disturb occupants.
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Zillow last checked:
Listing updated:
Listed by:
Mary Keenan617-962-4620,
Heartland Property Real Estate617-962-4620
Source: MLS PIN,MLS#: 73559203
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 12
Bathrooms: 6
Full bathrooms: 6
Features
Flooring: Varies
Basement: Full,Interior Entry,Concrete,Unfinished
Has fireplace: No
Interior area
Total structure area: 5,934
Total interior livable area: 5,934 sqft
Finished area above ground: 5,934
Property
Parking
Parking features: Open
Has uncovered spaces: Yes
Features
Patio & porch: Porch, Patio
Exterior features: Balcony, Garden
Has view: Yes
View description: City
Lot
Size: 4,600 Square Feet
Features: Sloped
Details
Parcel number: W:14 P:01322 S:000,1303294
Zoning: R4
Construction
Type & style
Home type: MultiFamily
Property subtype: 5-9 Family
Materials
Frame
Foundation: Stone
Roof: Rubber
Condition
Year built: 1910
Utilities & green energy
Electric: 200+ Amp Service
Sewer: Public Sewer
Water: Public
Utilities for property: for Electric Range, for Electric Oven
Community & HOA
Community
Features: Public Transportation, Park, Laundromat, House of Worship, T-Station
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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