Boston, MA252-254 Magnolia Street, Dorchester
Price$1,775,000
Est. Mortgage: $/month
MLS Number 73440102
- MultiFamily
- Bedrooms 17
- Bathroom 6
- Square Feet 5,544
- Property SubType 5-9 Family
7.74% cap rate. This is a 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.
Listed by Ashmael Brun of EVO Real Estate Group,LLC
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