Rare Dorchester 2-Family Opportunity – Spacious & Move-In Ready! Don’t miss this exceptional chance to own a well-maintained, side-by-side 2-family property in the heart of vibrant Dorchester. Each unit features 2 spacious bedrooms and 1 full bathrooms, offering generous living space that’s perfect for both homeowners and investors seeking strong rental income.One unit is currently VACENT and move-in ready—ideal for an owner-occupant looking to live comfortably while offsetting the mortgage with rental income from the other side. With separate entrances and a flexible layout, this property ensures privacy and adaptability for a variety of living arrangements. BONUS POTENTIAL: an unfinished attic offers the opportunity to expand and add value—whether as additional living space, office, or storage.Prime location near public transportation, local shops, parks, and all that Dorchester has to offer. With its blend of space, flexibility, and location, a RARE find.
This home has been viewed 29 times
Last Checked: July 5th, 2025 at 5:48am (Source: MLS PIN #73398592)
Gross Income: $21,600
Gross Expenses: $6,713
Net Income Calc: $14,887
CAP Rate: 1.86%
Annual Expenses for 22-24 Olney, Boston MA 02121
Total Gross Expenses (Calculated)$6,713/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$6,713
Annual Income & Unit Breakdown for 22-24 Olney, Boston MA 02121
Total Gross Income (Calculated)$21,600
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit2
HeatingNo
Rent Includes
Unit 2
Rental Income$1,800
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit2
HeatingNo
Rent Includes
General Information for 22-24 Olney, Boston MA 02121
Listing ID73398592
Property TypeMulti Family / 2 Family
Price$799,000 ($399.5/SqFt)
Style2 Family - 2 Units Side By Side
CityBoston
CountySuffolk
MLS Area
Neighborhood(s)
Approximate Living Area Total2,000 SqFt
Approximate Lot Size (Acres)0.06 acres
Total Parking4
Garage Parking
Year Built1895
Year Built SourcePublic Records
Year Renovated
Year Built DetailsRenovated Since
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesOther
Foundation Area
Foundation DescriptionConcrete Perimeter
Accessible Features
Outdoor Space
ZoningR2
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 22-24 Olney, Boston MA 02121
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area DisclosurePROPERTY has been renovated since - sqft is given
Building Area SourceOwner
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$21,600
Total Net Income By Broker$21,600
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2%
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 22-24 Olney, Boston MA 02121
Real Estate Taxes$6,713
Tax Year2025
Assessed Value$579,700
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$21,600
BostonRealEstate.com Gross Income
Total Net Income By Broker$21,600
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)1.86%
Location Information for 22-24 Olney, Boston MA 02121
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesHighway Access, Public School, Shopping, Park, Public Transportation
Contact Information for 22-24 Olney, Boston MA 02121