Opportunity Awaits! HUGE INCOME POTENTIAL!! Newly renovated mixed-used building located in Dorchester. The building features a retail space on the first floor, which currently occupied by a church and two residential apartments! First floor is a tenancy at will and can be quickly converted into a nail and hair salon, liquors store, restaurant, or any profitable businesses that require high traffic. The two residential units offer 4 bedrooms -1 bathroom each with living room and kitchen for a total of 8 bedrooms. Building offers endless possibilities, it can be divided into condos or used as a rooming house or simply rented as apartments. High ceiling, new hardwood floor throughout, this turnkey mixed-use building checks all the boxes. Freshly painted and move in ready. Basement offers additional space with On-demand Navien Hot Water. Conveniently located on Blue Hill Ave, it makes commuting, dining, shopping and driving effortless.
This home has been viewed 33 times
Last Checked: November 20th, 2025 at 10:28am (Source: MLS PIN #73454458)
Gross Income: $0
Gross Expenses: $5,466
Net Income Calc: $5,466
CAP Rate: -0.42%
Annual Expenses for 340 Blue Hill Ave, Boston MA 02121
Total Gross Expenses (Calculated)$5,466/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$5,466.91
Annual Income & Unit Breakdown for 340 Blue Hill Ave, Boston MA 02121
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseY
Bedrooms0
Bathrooms1 Half
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms4
Bathrooms1 Full
Floor2
Levels in Unit2
HeatingNo
Rent Includes
Unit 3
Rental Income$0
LeaseN
Bedrooms4
Bathrooms1 Full
Floor3
Levels in Unit3
HeatingNo
Rent Includes
General Information for 340 Blue Hill Ave, Boston MA 02121
Listing ID73454458
Property TypeMulti Family / 3 Family
Price$1,299,900 ($351.99/SqFt)
Style3 Family
CityBoston
CountySuffolk
MLS Area
Neighborhood(s)
Approximate Living Area Total3,693 SqFt
Approximate Lot Size (Acres)0.04 acres
Total Parking0
Garage Parking
Year Built1920
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot Features
Foundation Area999999
Foundation DescriptionConcrete Perimeter
Accessible Features
Outdoor SpaceDeck, Porch
ZoningRC
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 340 Blue Hill Ave, Boston MA 02121
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$24,000
Total Net Income By Broker$24,000
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 340 Blue Hill Ave, Boston MA 02121
Real Estate Taxes$5,466.91
Tax Year2025
Assessed Value$472,100
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$24,000
BostonRealEstate.com Gross Income
Total Net Income By Broker$24,000
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)-0.42%
Location Information for 340 Blue Hill Ave, Boston MA 02121
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesHighway Access, House Of Worship, Public School, Shopping, Park, Medical Facility, Laundromat, Public Transportation, T-station, Tennis Court(s)
Contact Information for 340 Blue Hill Ave, Boston MA 02121