Active
5 Days on market
11 Wolcott Street Boston — Photo 1 of 34

11 Wolcott Street Boston — Photo 1 of 34

$1,185,000

Investment Analysis — 11 Wolcott Street

Boston, MA 02121 — Dorchester

Based on rent reported on the MLS listing, a 3-unit multi-family in 02121 carries $9,390/mo in gross rent — about a 6.08% cap rate and $72,090/yr in estimated NOI at the $1,185,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

10

Baths

3

SqFt

4,488

Style

3 Family

Built

1915

Do not miss this CLASSIC spired three-family located by Franklin Park. RENTAL INCOME of $112,000 annually (Unit 1 - $3,765, Unit 2 - $2,900, Unit 3 - $2,725). Offers almost 4,500 square feet of living space, 10 bedrooms, and driveway parking. UPDATES include roof, windows, boilers, water heaters, front steps and deck, gutters, and in-unit renovations (see List of Updates attachment in MLS listing for more details). De-Lead Certificates for Units 1 and 2. Basement coin-op laundry generates additional $95/mo. Conveniently located off Columbia Road and in proximity to Four Corners local businesses. This is a turnkey opportunity to step into a thriving and well-maintained property. Two units have lease in place and one unit is TAW. SELLER IS OPEN TO WORKING WITH OWNER-OCCUPANTS OR INVESTORS.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

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Property Details

Financials

Original Price$1,185,000
Annual Taxes$13,547

Parking

Garage0
Off-Street3

Interior Specifications

Total Rooms16
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationStone
Zoning3F-5000

Property & Lot

Acres0.08
SqFt Lot3,620
Lot Features--

Geography

Listing Provided By

Listing Agent: Matthew Hadge

Listing Office: Steeplechase Realty

MLS® Number: 73572530