Exceptional investment opportunity in Dorchester for aggressive investors seeking strong absolute returns! This cash cow offers over an 8% cap rate, with four rental units fully leased through 8/31/2025 and generating $8,850 monthly, plus an additional $200–$300 from a coin-operated laundry. Each unit features 3 bedrooms, 1 bathroom, a living room, and an eat-in kitchen — highly desirable layouts that drive rental demand. All electrical panels have been upgraded, and there is a separate common electric and gas meter for added efficiency. The property also features a newer forced air heating system for low-maintenance operation. Current rents are below market, and a new owner can easily raise rents by 20–30% starting September 2025. Prime location just a few minutes' walk to Fields Corner Red Line station. A true turnkey asset delivering strong cash flow today with major upside ahead. Property to be sold in "As-Is, As-Seen" Condition. Buyers to perform their own due diligence.
— MLSPIN #: 73361843Map of 98 Topliff St, Boston, MA 02122
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| List Price: | $1,300,000 |
|---|---|
| Status: | New |
| MLS ID: | 73361843 |
| Town: | Boston |
| Neighborhood: | Dorchester |
| County: | Suffolk |
| Zip: | 02122 |
| Property Type: | Residential Income |
| Property Sub Type: | 3 Family - 3 Units Up/Down |
| Bedrooms: | 11 |
| Full Baths: | 4 |
| Living Area: | 3,480 sqft |
| Acres: | 0.08 |
| Taxes: | 9,555 |
| Lot Features: | Cleared |
| Status: | Active |
| Water Source: | Public |
| Year Built: | 1912 |
| Directions: | 98 Topliff St |
| Foundation Details: | Stone |
| Electric: | Circuit Breakers |
| Listing Contract Date: | 2025-04-21 |
| Lot Size Area: | 0.08 |
| Lot Size Square Feet: | 3,689 |
| Rooms Total: | 18 |
| Bathrooms Total Integer: | 4 |
| Basement: | true |
| Basement: | Partially Finished |
| Building Area Source: | Public Records |
| Building Area Total: | 3,480 |
| 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: | 1305217 |
| Road Frontage Type: | Public |
| Sewer: | Public Sewer |
| Zoning: | 3F-D-3000 |
| 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: | $2,000 |
| Farm Land Area Units: | Square Feet |
| Financial Data Source: | Owner |
| Gross Income: | $106,200 |
| Insurance Expense: | $5,614 |
| Listing Agreement: | Exclusive Right To Sell |
| Apod Available: | Yes |
| Comp Based On: | Gross/Full Sale Price |
| Disclosure: | Yes |
| Dpr Flag: | Yes |
| Flrs 1: | 1 |
| Flrs 2: | 2 |
| Flrs 3: | 3 |
| Gre: | 15,463 |
| Hte: | 1,900 |
| Lead Paint: | Unknown |
| Lease 1: | Yes |
| Lease 2: | Yes |
| Lease 3: | Yes |
| Lease 4: | Yes |
| Levels 1: | 1 |
| Levels 2: | 1 |
| Levels 3: | 1 |
| Levels 4: | 1 |
| Listing Alert: | No |
| List Price Per Sqft: | $373.56 |
| Mse: | 1,325 |
| Page: | 273 |
| Price Per Sqft: | $373.56 |
| Square Feet Disclosures: | Living area does not include finish basement |
| Square Feet Incl Base: | No |
| Sub Agency Offered: | No |
| Net Operating Income: | $90,737 |
| Operating Expense: | $15,463 |
| Original List Price: | $1,300,000 |
| Tax Assessed Value: | $818,000 |
| Tax Year: | 2025 |
| Total Actual Rent: | $8,850 |
| Water Sewer Expense: | $2,400 |
| Year Built Details: | Actual |
| Bedrms 1: | 3 |
| Bedrms 2: | 3 |
| Bedrms 3: | 3 |
| Bedrms 4: | 2 |
| F Bths 1: | 1 |
| F Bths 2: | 1 |
| F Bths 3: | 1 |
| F Bths 4: | 1 |
| Hot Water: | Natural Gas |
| Rent1: | 2,350 |
| Rent2: | 2,350 |
| Rent3: | 2,300 |
| Rent4: | 1,850 |
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 10:04 AM
Property Last Updated: April 21, 2025 03:32 AM
Listing Courtesy of: S&W Consulting Group LLC
Listing Agent: Yuren Chen
617-893-3405
