This turnkey 3-unit multifamily in Dorchester is a high-income, low-maintenance investment opportunity you don’t want to miss! With strong rental income, this property is perfect for investors or owner-occupants looking to offset their mortgage. Unit 1 offers 3 bedrooms, Unit 2 has 4 bedrooms, and Unit 3 features 2 bedrooms, providing excellent tenant appeal. Major updates include a new roof and siding (2020) and full unit renovations (2021), featuring newer HVAC (2022), new water heaters (2023), updated electrical (2023), a new plumbing water line, and energy-efficient windows. This property is truly turnkey, minimizing maintenance costs while maximizing cash flow. Whether you're looking for a steady income stream or a multigenerational living setup, this property is built for long-term success. Located in a strong rental market, it’s a great addition to any portfolio and is priced to sell. Don’t miss out on this incredible opportunity.
— MLSPIN #: 73344305Map of 31 Bullard St, Boston, MA 02121
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| List Price: | $1,199,000 |
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| Status: | Active |
| MLS ID: | 73344305 |
| Town: | Boston |
| Neighborhood: | Dorchester's Mount Bowdoin |
| County: | Suffolk |
| Zip: | 02121 |
| Property Type: | Residential Income |
| Property Sub Type: | 3 Family |
| Bedrooms: | 9 |
| Full Baths: | 3 |
| Living Area: | 3,970 sqft |
| Acres: | 0.09 |
| Taxes: | 11,139 |
| Appliances: | Range, Oven, Refrigerator |
| Cooling: | None |
| Flooring: | Tile, Varies, Hardwood |
| Heating: | Central, Forced Air |
| Parking Features: | Paved Drive |
| Status: | Active |
| Water Source: | Public |
| Year Built: | 1900 |
| Roof: | Shingle |
| Window Features: | Insulated Windows, Screens |
| Directions: | Bowdoin Street to Bullard Street |
| Laundry Features: | Washer & Dryer Hookup |
| Foundation Details: | Stone |
| Postal Code Plus4: | 3859 |
| Construction Materials: | Frame |
| Listing Contract Date: | 2025-03-12 |
| Fireplace?: | Yes |
| Heating?: | Yes |
| Lot Size Area: | 0.09 |
| Lot Size Square Feet: | 4,026 |
| Fireplaces Total: | 1 |
| Rooms Total: | 17 |
| Bathrooms Total Integer: | 3 |
| Basement: | true |
| Basement: | Full, Walk-Out Access |
| Building Area Source: | Public Records |
| Building Area Total: | 3,970 |
| Community Features: | Public Transportation, Shopping, Laundromat, Public School, T-Station |
| Exterior Features: | Varies per Unit |
| Fencing: | Fenced |
| Interior Features: | Stone/Granite/Solid Counters, Bathroom With Tub & Shower, Upgraded Countertops, Living Room, Kitchen, Office/Den |
| Levels: | 6 |
| Living Area Units: | Square Feet |
| Lot Size Units: | Acres |
| Number Of Units Total: | 3 |
| Open Parking?: | Yes |
| Parcel Number: | W:14 P:01220 S:000, 1303025 |
| Patio And Porch Features: | Enclosed |
| Rent Includes: | Unit 1(Water), Unit 2(Water) |
| Sewer: | Public Sewer |
| Zoning: | R3 |
| Stories Total: | 6 |
| Year Built Source: | Public Records |
| Disclosures: | Major updates include a new roof and siding (2020) and full unit renovations (2021), featuring newer HVAC (2022), new water heaters (2023), updated electrical (2023), a new plumbing water line, and energy-efficient windows |
| Farm Land Area Units: | Square Feet |
| Financial Data Source: | Owner |
| Gross Income: | $113,952 |
| Insurance Expense: | $4,000 |
| Listing Agreement: | Exclusive Right To Sell |
| Apod Available: | No |
| Certificate Number: | 000000096424 |
| Comp Based On: | Gross/Full Sale Price |
| Disclosure: | No |
| Dpr Flag: | Yes |
| Flrs 1: | 1 |
| Flrs 2: | 2 |
| Flrs 3: | 3 |
| Gre: | 18,139 |
| Lead Paint: | Unknown |
| Lease 1: | No |
| Lease 2: | No |
| Levels 1: | 1 |
| Levels 2: | 1 |
| Listing Alert: | No |
| List Price Per Sqft: | $302.02 |
| Page: | 63 |
| Price Per Sqft: | $302.02 |
| Sewage District: | BWSC |
| Square Feet Incl Base: | No |
| Net Operating Income: | $95,813 |
| Operating Expense: | $18,139 |
| Original List Price: | $1,199,000 |
| Tax Assessed Value: | $953,400 |
| Tax Year: | 2025 |
| Total Actual Rent: | $9,496 |
| Water Sewer Expense: | $3,000 |
| Year Built Details: | Actual, Renovated Since |
| Bedrms 1: | 3 |
| Bedrms 2: | 4 |
| Bedrms 3: | 2 |
| F Bths 1: | 1 |
| F Bths 2: | 1 |
| F Bths 3: | 1 |
| Hot Water: | Tank |
| Rent1: | 3,300 |
| Rent2: | 3,496 |
| Rent3: | 2,700 |
Disclaimer:
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
MLS Property Information Network, Inc. data last updated on March 19, 2025 05:38 AM
Property Last Updated: March 16, 2025 03:08 AM
Listing Courtesy of: Douglas Elliman Real Estate - The Sarkis Team
Listing Agent: The Sarkis Team
617-875-4950
