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84-86 Park Street, Boston MA 02122

$1,650,000

Estimated $3,272.80/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $412,500

Total Rent: 43800/year

Estimated CAP Rate: 2.22%

6 Bedrooms

4 Full Baths

2,880 SqFt

Total Parking: 0

5,000 SqFt

Permit IN HAND for this fantastic development opportunity near Fields Corner in booming Dorchester for a 5-story, 14-unit residential community with 5 off-street parking spaces. This property is just a short walk to the Red Line, has easy access to all major colleges, hospitals, Downtown Boston, MBTA, cultural venues and an abundance of restaurants and shops. Local beaches less than 2 miles away with plenty of waterfront places to walk along or bask in the sun. This current multi-family property is being sold as a redevelopment opportunity. Proof of funds required with offer submission.

This home has been viewed 87 times

Last Checked: December 2nd, 2025 at 5:29am (Source: MLS PIN #73359064)

Gross Income: $43,800

Gross Expenses: $7,168

Net Income Calc: $36,632

CAP Rate: 2.22%

Annual Expenses for 84-86 Park Street, Boston MA 02122

Total Gross Expenses (Calculated)$7,168/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$7,168

Annual Income & Unit Breakdown for 84-86 Park Street, Boston MA 02122

Total Gross Income (Calculated)$43,800

Unit 1

Rental Income$1,300

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor0

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$1,550

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 4

Rental Income$800

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

General Information for 84-86 Park Street, Boston MA 02122

Listing ID73359064

Property TypeMulti Family / 4 Family

Price$1,650,000 ($572.92/SqFt)

Style4 Family

CityBoston

CountySuffolk

MLS AreaDorchester's Fields Corner

Neighborhood(s)

Approximate Living Area Total2,880 SqFt

Approximate Lot Size (Acres)0.11 acres

Total Parking0

Garage Parking

Year Built1899

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel

Foundation Area

Foundation DescriptionBrick/Mortar

Accessible Features

Outdoor SpaceDeck - Roof, Deck - Wood, Porch

ZoningR4

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront FeaturesBay, Direct Access, Beach Ownership(public), 1 To 2 Mile To Beach

Energy Features

Terms

Disclosures for 84-86 Park Street, Boston MA 02122

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$43,800

Total Net Income By Broker$43,800

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 84-86 Park Street, Boston MA 02122

Real Estate Taxes$7,168

Tax Year2025

Assessed Value$619,000

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$43,800

BostonRealEstate.com Gross Income

Total Net Income By Broker$43,800

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)2.22%

Location Information for 84-86 Park Street, Boston MA 02122

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaDorchester's Fields Corner

Area Amenities

Contact Information for 84-86 Park Street, Boston MA 02122

Agent

Name: Lisa Couture

Office

Name: LAER Realty Partners

Phone: 781-235-5055

Payment Calculator

, Interest

Property Taxes 597.33

Principal & Interest 10166.78

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

LAER Realty Partners

Lisa Couture

Agent Phone

Office Phone

(781) 235-5055

Text Agent Call Agent Call Office

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[owner_occupancy_source] => 
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[perc_test] => Array
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[perc_test_date] => Unknown
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[phone] => 617-543-7192
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EXIT

Closed

84-86 Park Street, Boston MA 02122

$1,650,000

Annual Expenses for 84-86 Park Street, Boston MA 02122

Annual Income & Unit Breakdown for 84-86 Park Street, Boston MA 02122

General Information for 84-86 Park Street, Boston MA 02122

Disclosures for 84-86 Park Street, Boston MA 02122

Financial Information for 84-86 Park Street, Boston MA 02122

Location Information for 84-86 Park Street, Boston MA 02122

Contact Information for 84-86 Park Street, Boston MA 02122

Agent

Office

Payment Calculator

Exclusive Listing Agent

LAER Realty Partners

Lisa Couture