342 Bowdoin St - Multi-Family FOR SALE


Boston, MA 02122- Uphams Corner
$2,429,000 USD
617-768-7333
342 Bowdoin St, Boston, MA for Sale
$2,429,000 USD
Multi-Family - FOR SALE
1/27
null | Request Cap Rate

342 Bowdoin St
Boston, MA 02122
Uphams Corner


HIGHLIGHTS

  • All units feature Two Bathrooms
  • 5/6 Units Air Conditioned
  • Four Units Delivered Vacant

OVERVIEW

Boston Realty Advisors is pleased to present 342–344 Bowdoin Street, a six-unit multifamily investment opportunity in the Meeting House Hill neighborhood of Dorchester. Comprising two adjacent three-family buildings totaling 11,800 gross square feet, the property pairs immediate flexibility with in-place income: the seller will deliver four of the six units vacant at closing, allowing a new owner to renovate, reposition, or re lease at market rents from day one, while the remaining two units are occupied by long-term Section 8 tenants, providing a stable, subsidized income base. The buildings have been exceptionally maintained and upgraded, featuring 2 full bathrooms per unit, central air and mini-split systems, keyless entry, and income-producing common laundry. Rents on the vacant units have been driven by a furnished, extended-stay rental strategy, generating income above a traditional stabilized lease structure — upside a new owner can capture immediately or normalize toward conventional leasing over time. Situated directly on an MBTA bus route just minutes from Fields Corner Station on the Red Line and with quick access to I-93, the property sits within one of Dorchester’s most actively traded rental submarkets, walkable to Dorchester Food Co-op, Ronan Park, and a growing retail and dining corridor. With vacant units at closing, an established income stream, and full configuration flexibility, 342–344 Bowdoin Street offers a compelling entry point into Greater Boston’s largest and most dynamic neighborhood. The buildings are being offered as a package or on an individual basis.

FOR SALE DETAILS

PRICE

$2,429,000 USD

PRICE/SF

$206 USD /SF

# OF UNITS

6

PRICE/UNIT

$404,833

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

342-344 Bowdoin Street

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

DORC-000000-000015-002942-000020

ASK ABOUT THIS PROPERTY

Daniel AlperBoston Realty AdvisorsMore Info
617-768-7333

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Daniel AlperBoston Realty AdvisorsMore Info
617-768-7333

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