Exceptional two-family investment opportunity with strong in-place cash flow in a prime Dorchester location. Gutted and fully renovated in 2009, this well-maintained property offers updated systems, central air conditioning, and a flexible layout totaling approximately 1,902 SF of living space across two spacious units. The building features 6 bedrooms and 2 full bathrooms and has been thoughtfully cared for, making it a true turnkey asset. Current rents total $5,974/month ($71,688 annually), generating a Net Operating Income of $54,910 and an attractive ~6.5% cap rate. Unit 1: 2 Bed / 1 Bath – $2,499/month Unit 2: 4 Bed / 1 Bath – $3,475/month. Tenants pay their own utilities, while the landlord covers only common electric and water/sewer, resulting in low operating expenses. Additional highlights include separate utilities, minimal maintenance, consistent rental demand, and a detached storage/garage structure. First group showing Saturday, January 24th from 11:30 AM to 1:00 PM
- Basement:
- Full, Bulkhead
- Parking:
- Off Street, Paved
- Construction:
- Frame
- Flooring:
- Tile, Hardwood
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure:
- buyers and buyer's agents to do due diligence. Smoke Cert. is buyers responsibility.
- Garage Parking
- Lead Paint:
- None, Certified Treated
- Area:
- Dorchester's Uphams Corner
- Market Time:
- 4
- Parking Spaces:
- 3
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $446
- Zoning:
- R2
- No Units:
- 2
- Orig Price:
- $849,000
- LEASE:
- Yes
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Boston
- State:
- MA
- County:
- Suffolk
- Postal Code:
- 02125
- Longitude:
- W72° 55' 28.6''
- Latitude:
- N42° 19' 9.5''
Residential Income
39 Julian St, Boston, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $849,000
- Bedrooms :
- 6
- Rooms :
- 10
- Total Bathrooms :
- 2
- Full Bathrooms :
- 2
- Square Footage :
- 1,902 Sqft
- Year Built :
- 1900
- Lot Area :
- 0.07 Acre
- Listing ID :
- 73470491
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com