Fantastic investment opportunity with strong rental returns in Dorchester! This cash cow offers over a 9% cap rate, featuring four rental units fully leased through 8/31/2025, generating $9,070 monthly plus an additional $220 from two rented garage spaces. Major updates include a new roof installed just two years ago and a newer Navien tankless hot water and heating system for efficient, low-maintenance living. Ideally located just a few minutes' walk to the Red Line, this prime location offers unbeatable access to public transportation and amenities. A perfect turn-key asset for investors seeking stable cash flow and long-term value. Property to be sold in "As-Is, As-Seen" Condition. Buyers do own due diligence. Can make a package deal with 98 Topliff St Boston.
— MLSPIN #: 73361839Map of 64 Stockton St, Boston, MA 02124
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| List Price: | $1,200,000 |
|---|---|
| Status: | New |
| MLS ID: | 73361839 |
| Town: | Boston |
| Neighborhood: | Dorchester |
| County: | Suffolk |
| Zip: | 02124 |
| Property Type: | Residential Income |
| Property Sub Type: | Multi Family |
| Bedrooms: | 9 |
| Full Baths: | 4 |
| Living Area: | 3,091 sqft |
| Acres: | 0.11 |
| Taxes: | 9,455 |
| Parking Features: | Paved Drive, Off Street |
| Status: | Active |
| Water Source: | Public |
| Year Built: | 1920 |
| Roof: | Shingle |
| Directions: | google map |
| Foundation Details: | Stone |
| Electric: | Circuit Breakers |
| Listing Contract Date: | 2025-04-20 |
| Garage?: | Yes |
| Lot Size Area: | 0.11 |
| Lot Size Square Feet: | 4,866 |
| Rooms Total: | 16 |
| Bathrooms Total Integer: | 4 |
| Basement: | true |
| Basement: | Finished |
| Building Area Source: | Public Records |
| Building Area Total: | 3,091 |
| Community Features: | Public Transportation |
| Levels: | 6 |
| Living Area Units: | Square Feet |
| Lot Size Units: | Acres |
| Number Of Units Total: | 4 |
| Open Parking?: | Yes |
| Parcel Number: | 1316795 |
| Sewer: | Public Sewer |
| Zoning: | 2F-5000 |
| Covered Spaces: | 2 |
| Garage Spaces: | 2 |
| Stories Total: | 6 |
| Year Built Source: | Public Records |
| Disclosures: | Property to be sold in "As-Is, As-Seen" Condition. Buyers do own due diligence. |
| Electric Expense: | $2,400 |
| Farm Land Area Units: | Square Feet |
| Financial Data Source: | Owner |
| Gross Income: | $108,840 |
| Gross Scheduled Income: | $2,400 |
| Insurance Expense: | $2,247 |
| Listing Agreement: | Exclusive Right To Sell |
| Apod Available: | Yes |
| Comp Based On: | Gross/Full Sale Price |
| Disclosure: | Yes |
| Dpr Flag: | No |
| Flrs 1: | 1 |
| Flrs 2: | 2 |
| Flrs 3: | 3 |
| Gre: | 14,869 |
| Lead Paint: | Unknown |
| Lease 1: | Yes |
| Lease 2: | Yes |
| Lease 3: | Yes |
| Lease 4: | Yes |
| Levels 1: | 1 |
| Levels 2: | 1 |
| Levels 3: | 2 |
| Levels 4: | 1 |
| Listing Alert: | No |
| List Price Per Sqft: | $388.22 |
| Mse: | 1,375 |
| Page: | 242 |
| Price Per Sqft: | $388.22 |
| Square Feet Disclosures: | Living area does not include the finished lower level. another 700 sq ft approximately. |
| Square Feet Incl Base: | No |
| Sub Agency Offered: | No |
| Net Operating Income: | $108,840 |
| Operating Expense: | $14,869 |
| Original List Price: | $1,200,000 |
| Parking Total: | 2 |
| Tax Assessed Value: | $809,400 |
| Tax Year: | 2025 |
| Total Actual Rent: | $9,070 |
| Water Sewer Expense: | $3,000 |
| Year Built Details: | Actual |
| Waterview Flag: | No |
| Bedrms 1: | 3 |
| Bedrms 2: | 3 |
| Bedrms 3: | 1 |
| Bedrms 4: | 2 |
| F Bths 1: | 1 |
| F Bths 2: | 1 |
| F Bths 3: | 1 |
| F Bths 4: | 1 |
| Hot Water: | Natural Gas |
| Rent1: | 2,550 |
| Rent2: | 2,700 |
| Rent3: | 1,900 |
| Rent4: | 1,700 |
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 April 21, 2025 06:35 AM
Property Last Updated: April 21, 2025 12:34 AM
Listing Courtesy of: S&W Consulting Group LLC
Listing Agent: Yuren Chen
617-893-3405
