Exceptional investment opportunity in the heart of Dorchester!This spacious three-family property offers a total of 3,265 Sq. Ft. Of living space across three well-maintained rental units. Each unit features bright, comfortable layouts and separate utilities-ideal for steady rental income or owner occupancy with income potential. Third unit has a view of the ocean. Basement has potential to be renovated. Conveniently located near public transportation, schools, parks and local shops. This property provides both long-term stability and strong upside potential.
This home has been viewed 21 times
Last Checked: November 18th, 2025 at 9:19am (Source: MLS PIN #73449017)
Gross Income: $63,600
Gross Expenses: $10,197
Net Income Calc: $53,403
CAP Rate: 3.56%
Water Views
Annual Expenses for 3 N Munroe Ter, Boston MA 02122
Total Gross Expenses (Calculated)$10,197/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$10,197
Annual Income & Unit Breakdown for 3 N Munroe Ter, Boston MA 02122
Total Gross Income (Calculated)$63,600
Unit 1
Rental Income$2,500
LeaseY
Bedrooms3
Bathrooms1 Full, 1 Half
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$2,800
LeaseY
Bedrooms3
Bathrooms1 Full, 1 Half
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$0
LeaseN
Bedrooms2
Bathrooms2 Full
Floor3
Levels in Unit1
HeatingNo
Rent Includes
General Information for 3 N Munroe Ter, Boston MA 02122
Listing ID73449017
Property TypeMulti Family / 3 Family
Price$1,499,000 ($459.11/SqFt)
Style3 Family
CityBoston
CountySuffolk
MLS AreaDorchester's Neponset
Neighborhood(s)
Approximate Living Area Total3,265 SqFt
Approximate Lot Size (Acres)0.1 acres
Total Parking2
Garage Parking
Year Built1910
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot Features
Foundation Area
Foundation DescriptionConcrete Perimeter
Accessible Features
Outdoor SpaceDeck - Wood
ZoningR3
Zoning Details
Water ViewsYes
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 3 N Munroe Ter, 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$62,400
Total Net Income By Broker$62,400
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 3 N Munroe Ter, Boston MA 02122
Real Estate Taxes$10,197
Tax Year2025
Assessed Value$880,600
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$62,400
BostonRealEstate.com Gross Income
Total Net Income By Broker$62,400
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)3.56%
Location Information for 3 N Munroe Ter, Boston MA 02122
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaDorchester's Neponset
Area AmenitiesShopping, Public Transportation
Contact Information for 3 N Munroe Ter, Boston MA 02122