$1,800,000
Active24 Buttonwood Street
Boston, MA, 02125
Multi-Family · MLS #73577184
Price/sqft
$530
Days on market
4 days
Year built
1920
Lot size
0.05 ac
6 full
Baths
3,396 sq ft
Sq Ft
0.05 acres
Lot
1920
Year Built
Taxes: $14,087.12 (2027)
About this home
Fully renovated, fully leased, and positioned in the heart of Savin Hill, this three-family offers investors the rare combination of strong in-place income, modern condition, and long-term upside. Renovated in 2021, the property features three spacious 3-bedroom, 2-bath residences with hardwood floors, shaker-style cabinetry, stainless steel appliances, central air conditioning, private rear decks, and separate laundry in the basement. All three units are leased through August 31, 2027, generating current gross rents of $11,650 per month and $139k annually. The pro forma projects gross rents increasing to $146,790 for the 20272028 rental cycle, with a projected 7.0% cap rate at rent stabilization. The location further strengthens the investment story, with convenient access to the JFK/UMass Red Line station, UMass Boston, Carson Beach, South Bay, and the continued development of Columbia Point. With easy access to Downtown Boston, the Seaport, major highways, neighborhood restaurants, parks, and the waterfront, this is a compelling opportunity to acquire a stabilized, income-producing asset in one of Dorchesters most dynamic and well-connected neighborhoods.
Location
24 Buttonwood Street, Boston, MA, 02125
Property details
- Road type
- Public
- Basement
- Full, Unfinished Basement
- Electric
- 200 Amps
Listed by Mission Realty Advisors · Compass
Schedule a showing
24 Buttonwood Street
Estimated payment
$11,456 / month
Loan term
- Principal & interest
- $9,532
- Property tax
- $1,174
- Home insurance
- $750
Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses listed taxes.
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