124-124A Dorchester St, Boston, MA 02127

$2,589,000
8
BD
6
BA
5,388
SqFt

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List Price
$2,589,000
Status
NEW
MLS#
73576158
Bedrooms
8
Bathrooms
6
Full Baths
5
Half Baths
1
Living Area
5,388
Lot Size (Acres)
0.04
Year Built
1899

Property Description

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.

Additional Information

Taxes
$24,600
Interior Features
Ceiling Fan(s), Bathroom With Tub, Remodeled, Living Room, Dining Room, Kitchen, Laundry Room
Parking Description
On Street
Lot Description
Corner Lot
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Matthew O Hara from Listing Office: Blair Capital, LLC.

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