252-254 Magnolia St - Apartments FOR SALE


Dorchester, MA 02121
$1,899,000 USD
857-249-2824
252-254 Magnolia St, Dorchester, MA for Sale
$1,899,000 USD
Apartments - FOR SALE
1/32
null | 7.02% Cap Rate

252-254 Magnolia St
Dorchester, MA 02121


OVERVIEW

Unlock this 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.

FOR SALE DETAILS

PRICE

$1,899,000 USD

PRICE/SF

$337 USD /SF

# OF UNITS

6

PRICE/UNIT

$316,500

CAP RATE

7.02%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1899

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,627 SF

ZONING

R4

APN/PARCEL ID

DORC-000000-000014-000119

ASK ABOUT THIS PROPERTY

Ashmael BrunEVO Real Estate GroupMore Info
857-249-2824

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Ashmael BrunEVO Real Estate GroupMore Info
857-249-2824

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.