Fantastic investment opportunity with strong rental returns in Dorchester! This cash cow offers over a 9% cap rate, featuring four rental units fully leased through 8/31/2025, generating $9,070 monthly plus an additional $220 from two rented garage spaces. Major updates include a new roof installed just two years ago and a newer Navien tankless hot water and heating system for efficient, low-maintenance living. Ideally located just a few minutes' walk to the Red Line, this prime location offers unbeatable access to public transportation and amenities. A perfect turn-key asset for investors seeking stable cash flow and long-term value. Property to be sold in "As-Is, As-Seen" Condition. Buyers do own due diligence. Can make a package deal with 98 Topliff St Boston.
This home has been viewed 120 times
Last Checked: September 5th, 2025 at 1:43am (Source: MLS PIN #73361839)
Gross Income: $106,200
Gross Expenses: $24,324
Net Income Calc: $81,876
CAP Rate: 6.82%
Annual Expenses for 64 Stockton St, Boston MA 02124
Total Gross Expenses (Calculated)$24,324/year
APOD AvailableYes
Heating
Electricity$2,400
Water$3,000
Gas$3,000
Insurance$2,247
Sewer$3,000
Trash Removal
Repair & Maintenance$3,447
Management
Miscellaneous$1,375
Real Estate Tax$9,455
Annual Income & Unit Breakdown for 64 Stockton St, Boston MA 02124
Total Gross Income (Calculated)$106,200
Unit 1
Rental Income$2,550
LeaseY
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$2,700
LeaseY
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$1,900
LeaseY
Bedrooms1
Bathrooms1 Full
Floor3
Levels in Unit2
HeatingNo
Rent Includes
Unit 4
Rental Income$1,700
LeaseY
Bedrooms2
Bathrooms1 Full
Floor
Levels in Unit1
HeatingNo
Rent Includes
General Information for 64 Stockton St, Boston MA 02124
Listing ID73361839
Property TypeMulti Family
Price$1,200,000 ($388.22/SqFt)
StyleMulti Family
CityBoston
CountySuffolk
MLS AreaDorchester
Neighborhood(s)
Approximate Living Area Total3,091 SqFt
Approximate Lot Size (Acres)0.11 acres
Total Parking4 (2 Garage)
Garage Parking2 / Detached
Year Built1920
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot Features
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor Space
Zoning2F-5000
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 64 Stockton St, Boston MA 02124
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area DisclosureLiving area does not include the finished lower le
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceOwner
Total Gross Expenses By Broker$14,869
Total Gross Income By Broker$108,840
Total Net Income By Broker$108,840
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2%
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnGross/full Sale Price
Financial Information for 64 Stockton St, Boston MA 02124
Real Estate Taxes$9,455
Tax Year2025
Assessed Value$809,400
Financial Data SourceOwner
Total Gross Expenses By Broker$14,869
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$108,840
BostonRealEstate.com Gross Income
Total Net Income By Broker$108,840
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)6.82%
Location Information for 64 Stockton St, Boston MA 02124
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaDorchester
Area AmenitiesPublic Transportation
Contact Information for 64 Stockton St, Boston MA 02124