Active
2 Days on market
124-124A Dorchester St Boston — Photo 1 of 19

124-124A Dorchester St Boston — Photo 1 of 19

$2,589,000

Investment Analysis — 124-124A Dorchester St

Boston, MA 02127

Based on rent reported on the MLS listing, a 3-unit multi-family in 02127 carries $16,800/mo in gross rent — about a 4.97% cap rate and $128,616/yr in estimated NOI at the $2,589,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

8

Baths

5.5

SqFt

5,388

Style

3 Family

Built

1899

This fantastic South Boston mixed use property on corner of Dorchester St and E 4th St is being offered at a 6 Cap, with year 2 pro forma at just under 6.25. Steps to the corner of East/West Broadway this building is in the center of everything SB has to offer. The property boasts just under 7,200 gross sqft. First floor commercial is leased for 3 years at $4500, $4650, and $4800. Rear of first floor and basement currently being utilized by owner for storage. Would like to leaseback for $500/mo. The second and third floors are nearly identical. Updated 1700 sqft four BR two BA with living room, dining room and eat in kitchen. All of the rooms are large, have ceiling fans and with the corner exposure get sun all day long. Both residential units have their own laundry room and brand new mini splits installed for heat/ac. Commercial space has forced hot air by gas for heat/ac, two years young. Exquisite city views from roof for someone willing to go through the process to get approval for a roof deck down the road. Commercial tenant will be pursuing upgrades to first floor facade at their own expense.

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 MLS and other third-party data may be inaccurate or out of date.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.

Property Details

Financials

Original Price$2,589,000
Annual Taxes$24,600

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms14
FireplacesNone
FlooringWood, Tile, Hardwood
BasementFull, Unfinished

Climate & Utilities

HeatingDuctless
CoolingDuctless
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofRubber
FoundationBrick/Mortar
ZoningMFR/LS

Property & Lot

Acres0.04
SqFt Lot1,806
Lot FeaturesCorner Lot

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Freezer • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Property History

Listed
$2,589,000

Sep 11, 2026

MLS® 73576158

Sold
$805,000

Dec 13, 2010

MLS® 71084210

Listed
$899,000

May 21, 2010

MLS® 71084210

Listing Provided By

Listing Agent: Matthew O Hara

Listing Office: Blair Capital, LLC

MLS® Number: 73576158