7-9 Esmond St - Apartments FOR SALE


Boston, MA 02121- Franklin Field North
$4,679,900 USD
617-233-6451
7-9 Esmond St, Boston, MA for Sale
$4,679,900 USD
Apartments - FOR SALE
1/1
null | 7% Cap Rate

7-9 Esmond St
Boston, MA 02121
Franklin Field North


OVERVIEW

Situated on Esmond Street in Dorchester, this recently renovated property offers 12 generously sized units, comprising ten 3-bedroom and two 2-bedroom apartments. Each unit features a spacious layout tailored for comfortable living, along with the added convenience of onsite laundry. The building is ideally located near numerous public transportation options, ensuring easy commutes for residents. In less than a year of ownership, monthly rental income has increased by over $6,000, reaching a total of $36,380 per month. With operating expenses lower than expected and additional room for rental growth, this property presents a strong opportunity for long-term investment.

FOR SALE DETAILS

PRICE

$4,679,900 USD

PRICE/SF

$468 USD /SF

# OF UNITS

12

PRICE/UNIT

$389,992

CAP RATE

7%

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,393 SF

ZONING

LC, Mattapan

APN/PARCEL ID

DORC-000000-000014-002805

ASK ABOUT THIS PROPERTY

617-233-6451

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617-233-6451

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