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840-842A Dorchester Ave
Multi-Family
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PASS
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$2,675,000

$364/sqft

840-842A Dorchester Ave, Boston

Great $/sqft
0 bd·0 ba·7,344 sqft
Built 19203,622 sqft lotColumbia Point

840-842A Dorchester Ave, Boston, MA

0 bd · 0 ba · 7,344 sqft Multi-Family listed at $2,675,000, built in 1920 in the Columbia Point neighborhood.

About this home

Recently vacated and now vacant, mixed-use, brick building, featuring four residential units and one large commercial unit, situated on the South Boston and Dorchester line. The building requires rehabilitation, presenting an excellent opportunity for investors or developers with significant upside through renovation and reconfiguration. This property is ideal for investors seeking to unlock long-term value in a mixed-use setting and is well-suited for renovation, redevelopment, and long-term income generation. This property is located on the South Boston line and in close proximity to public transportation including the JFK/UMASS and the Andrew Square Redline, MBTA Stations and it provides easy highway access to Routes I-93 North and South, as well as the Massachusetts Turnpike. The building features fantastic, unobstructed city views from the roof. Site Plan, existing configuration and proposed renovation plans are attached.

Property details

Price
$2,675,000
Bedrooms
0
Bathrooms
0
Interior
7,344 sqft
Price / sqft
$364
Year built
1920
Lot size
3,622 sqft
Type
Multi-Family
Days on market
74
Est. property tax
$32,100/yr · $2,675/mo · 1.2% MA avg

Estimated monthly payment

Down payment20% ($535,000)
Interest rate6.75%
Principal & Interest$13,880
Property Tax$2,452
Insurance$150
Total$16,482/mo

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Location

This home is located in Boston, MA. Browse more Boston listings on the Boston market page or explore the full Boston market report.

About Boston: Boston is the capital and most populous city of the U.S. state of Massachusetts. It serves as a cultural and financial center of New England, a region of the Northeastern United States. Boston has an area of 48.4 sq mi (125 km2) and a population of 675,647 as of the 2020 census, making it the third-most populous city in the Northeastern United States after New York City and Philadelphia. The larger Greater Boston metropolitan statistical area had a population of 4.9 million in 2023, making it the largest metropolitan area in New England and the eleventh-largest in the United States. (source: Wikipedia)

Climate: Average year-round temperature is 52°F with 203 dry days per year and 46.9 inches of annual rainfall.

Home Intelligence

Neighborhood (zip 02125)

This neighborhood is primarily renter-occupied (35% owner-occupied). Median age is 33.6; 23% hold a bachelor's degree; median household income is $64,983.

Median income
$64,983
Median age
33.6
Owner-occupied
35.1%
Bachelor's degree
22.9%
Census median home value
$631,900

Source: US Census Bureau American Community Survey 5-year estimates.

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