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971-973 Blue Hill Ave
Multi-Family
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$2,799,999

$281/sqft

971-973 Blue Hill Ave, Boston

Great $/sqft
20 bd·8 ba·9,980 sqft
Built 19106,855 sqft lotFranklin Field South

971-973 Blue Hill Ave, Boston, MA

20 bd · 8 ba · 9,980 sqft Multi-Family listed at $2,799,999, built in 1910 in the Franklin Field South neighborhood.

About this home

Cash-flowing 8-unit investment opportunity in Dorchester! This fully occupied asset at 971-973 Blue Hill Ave offers immediate, stable cash flow with units rented at market rates-ideal for the savvy investor looking to scale their portfolio with confidence.The property features a desirable unit mix ranging from 1-bedroom to spacious 4-bedroom layouts, appealing to a broad tenant base and supporting strong, consistent income. This well-maintained building presents a rare opportunity to acquire a stabilized, income-producing asset in a high-demand rental market.Conveniently located along Blue Hill Ave, the property offers excellent commuter access and a short commute to Downtown Boston, making it highly attractive to tenants seeking accessibility and convenience.Whether you're expanding your portfolio or securing your first multifamily investment, opportunities like this are hard to come by.

Property details

Price
$2,799,999
Bedrooms
20
Bathrooms
8
Interior
9,980 sqft
Price / sqft
$281
Year built
1910
Lot size
6,855 sqft
Type
Multi-Family
Days on market
32
Est. property tax
$33,600/yr · $2,800/mo · 1.2% MA avg

Estimated monthly payment

Down payment20% ($560,000)
Interest rate6.75%
Principal & Interest$14,529
Property Tax$2,567
Insurance$150
Total$17,245/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 02124)

Median age is 36.3; 18% hold a bachelor's degree; 42% of homes are owner-occupied; median household income is $72,189.

Median income
$72,189
Median age
36.3
Owner-occupied
41.9%
Bachelor's degree
17.8%
Census median home value
$570,900

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

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