Grove Property Group is pleased to present 142 Dorchester Street, an 18-unit stabilized multifamily asset in South Boston offered at a 6+ cap rate on in-place income.The property operates as a studio apartment building and is delivered fully stabilized and turnkey. All 18 units have been updated with modern kitchens, baths, and flooring. Common areas are modern throughout. The building is fully sprinklered and includes an additional driveway with 4 tandem parking spaces. Each unit is equipped with its own kitchen and bathroom (not shared), individual thermostat control for heat and AC — master HVAC is owner-paid. On-site laundry provides ancillary income.142 Dorchester Street represents one of the few opportunities to acquire scale in South Boston’s supply-constrained multifamily market at a sub-$265,000 per-unit basis with no capital requirements to close!
- Sewer:
- Public Sewer
- Water:
- Public
- Garage Parking
- Lead Paint:
- Unknown
- Area:
- South Boston
- Market Time:
- 4
- Parking Spaces:
- 4
- Tax Year:
- 2026
- Status:
- Active
- Price Per Sqft:
- $968
- Zoning:
- A
- No Units:
- 18
- Orig Price:
- $4,750,000
- LEASE:
- Yes
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Boston
- State:
- MA
- County:
- Suffolk
- Postal Code:
- 02127
- Longitude:
- W72° 57' 8.4''
- Latitude:
- N42° 20' 3.3''
Residential Income
142 Dorchester Street, Boston, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $4,750,000
- Bedrooms :
- 18
- Rooms :
- 18
- Total Bathrooms :
- 18
- Full Bathrooms :
- 18
- Square Footage :
- 4,908 Sqft
- Year Built :
- 1899
- Lot Area :
- 0.11 Acre
- Listing ID :
- 73531446
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com