For Sale: $799,000

6 Beds
3 Baths
2-Family Residence
2,141 sq ft
Lot 3,213 sq ft
5
Property Tax: $7,000/year
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Fully Rented Turnkey Dorchester Two-Family Offering a 7.6% Cap Rate

Well-positioned two-family investment opportunity offering strong in-place cash flow and an attractive return on a quiet Dorchester side street. Fully gut-renovated prior to current ownership (2015) and meticulously maintained since, the property features modern systems, durable finishes, and minimal deferred maintenance—making it a true turnkey asset.

The building consists of approximately 2,141 SF across two residential units, totaling 6 bedrooms and 3 bathrooms. The unit mix is well balanced and continues to perform strongly in the Dorchester rental market:

  • Unit 1: 4 Bedrooms / 2 Bathrooms — $3,685/month

  • Unit 2: 2 Bedrooms / 1 Bathroom — $2,650/month

Total Monthly Rent: $6,335 Annual Gross Income: $76,020 Estimated NOI: $60,760 Cap Rate: ~7.6% at $799,000 asking price

Landlord expenses are limited to common electric, water/sewer, insurance, real estate taxes, and routine maintenance. With strong in-place income, updated condition, and consistent rental demand, this property represents a stable long-term hold or a compelling addition to any multifamily portfolio.

Map & Nearby Places

4 Rand Place
Boston, MA 02125
6 Bed | 3 Baths

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