98 Topliff St, Boston, MA
11 bd · 4 ba · 3,480 sqft Multi-Family listed at $1,300,000, built in 1912 in the Dorchester neighborhood.
About this home
Exceptional investment opportunity in Dorchester for aggressive investors seeking strong absolute returns! This cash cow offers over an 8% cap rate, with four rental units fully leased through 8/31/2025 and generating $8,850 monthly, plus an additional $200-$300 from a coin-operated laundry. Each unit features 3 bedrooms, 1 bathroom, a living room, and an eat-in kitchen - highly desirable layouts that drive rental demand. All electrical panels have been upgraded, and there is a separate common electric and gas meter for added efficiency. The property also features a newer forced air heating system for low-maintenance operation. Current rents are below market, and a new owner can easily raise rents by 20-30% starting September 2025. Prime location just a few minutes' walk to Fields Corner Red Line station. A true turnkey asset delivering strong cash flow today with major upside ahead. Property to be sold in "As-Is, As-Seen" Condition. Buyers to perform their own due diligence.
Property details
- Price
- $1,300,000
- Bedrooms
- 11
- Bathrooms
- 4
- Interior
- 3,480 sqft
- Price / sqft
- $374
- Year built
- 1912
- Lot size
- 3,689 sqft
- Type
- Multi-Family
- Days on market
- 370
- Est. property tax
- $15,600/yr · $1,300/mo · 1.2% MA avg
Estimated monthly payment
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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 02122)
Median age is 36.6; 22% hold a bachelor's degree; 46% of homes are owner-occupied; median household income is $81,025.
- Median income
- $81,025
- Median age
- 36.6
- Owner-occupied
- 45.6%
- Bachelor's degree
- 21.9%
- Census median home value
- $630,300
Source: US Census Bureau American Community Survey 5-year estimates.
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