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$ 1,725,000
Est. payment /mo
Price Dropped by $25K
252-254 Magnolia St Boston, MA 02121
17 Beds
6 Baths
5,544 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,544 sqft
Price per Sqft $311
MLS Listing ID 73440102
Bedrooms 17
Full Baths 6
Year Built 1899
Annual Tax Amount $14,150
Tax Year 2025
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type 5-9 Family
Property Description
7.74% cap rate. This is a prime investment opportunity in one of Dorchester's fastest-growing neighborhoods.This six-unit multifamily features five 3-bed/1-bath units and one 2-bed/1-bath unit, offering strong value-add potential investors can increase cash flow through cosmetic updates and strategic improvements.Minutes from Four Corners/Geneva and Upham's Corner commuter rail stations, the location attracts renters seeking convenience and transit access. Nearby grocery stores, shops, and restaurants support strong rental demand.Private decks, a fenced backyard, and direct access to an adjacent playground add to tenant appeal. This property combines the opportunity to enhance cash flow with a desirable, rapidly developing location. Video walkthrough/virtual tour available.
Location
State MA
County Suffolk
Area Dorchester
Zoning R4
Direction Use GPS
Rooms
Basement Full
Exterior
Fence Fenced/Enclosed
Garage No
Building
Story 5
Foundation Other
Sewer Public Sewer
Water Public
Schools
Elementary Schools 2
Middle Schools 2
High Schools 1
Others
Senior Community false
Virtual Tour https://media.heliobook.com/sites/bpjmnwb/unbranded
Listed by EVO Real Estate Group, LLC