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20 Fairmount St, Boston MA 02124

$2,000,000

Estimated $4,085.24/month Calculator

Multi Family

Total Units: 6

Price Per Unit: $333,333.33

Total Rent: 124500/year

Estimated CAP Rate: 5.72%

12 Bedrooms

6 Full Baths

5,442 SqFt

Total Parking: 0

4,150 SqFt

20 Fairmount Street is a well maintained six unit apartment building is a great Dorchester location. The property has six 2BR,1 BA units. All units are separately metered with the tenants responsible for their own utilities (electricity and gas for heat, hot water and stove), while the Landlord is responsible for common area electric, plus water and sewer. Lead paint letters of compliance for all units. In-place rents are strong and the opportunity exists to acquire a solid six unit building with strong rental histories in a prime Dorchester location. The Property benefits from it's location very close to Washington Street, Gallivan Boulevard, and only a half mile walk to the Ashmont T Station.

This home has been viewed 7 times

Last Checked: January 28th, 2026 at 7:43am (Source: MLS PIN #73471961)

Gross Income: $124,500

Gross Expenses: $10,107

Net Income Calc: $114,393

CAP Rate: 5.72%

Annual Expenses for 20 Fairmount St, Boston MA 02124

Total Gross Expenses (Calculated)$10,107/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$10,107

Annual Income & Unit Breakdown for 20 Fairmount St, Boston MA 02124

Total Gross Income (Calculated)$124,500

Unit 1

Rental Income$2,575

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$2,500

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$2,700

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 4

Rental Income$2,600

Lease

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

General Information for 20 Fairmount St, Boston MA 02124

Listing ID73471961

Property TypeMulti Family / 5+ Family

Price$2,000,000 ($367.51/SqFt)

Style5-9 Family

CityBoston

CountySuffolk

MLS AreaDorchester

Neighborhood(s)

Approximate Living Area Total5,442 SqFt

Approximate Lot Size (Acres)0.1 acres

Total Parking0

Garage Parking

Year Built1899

Year Built SourcePublic Records

Year Renovated

Year Built DetailsRenovated Since

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesWooded

Foundation Area

Foundation DescriptionGranite

Accessible Features

Outdoor Space

ZoningR4

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 20 Fairmount St, Boston MA 02124

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceOwner

Total Gross Expenses By Broker$0

Total Gross Income By Broker$187,740

Total Net Income By Broker$0

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 20 Fairmount St, Boston MA 02124

Real Estate Taxes$10,107

Tax Year2025

Assessed Value$872,800

Financial Data SourceOwner

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$187,740

BostonRealEstate.com Gross Income

Total Net Income By Broker$0

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)5.72%

Location Information for 20 Fairmount St, Boston MA 02124

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaDorchester

Area Amenities

Contact Information for 20 Fairmount St, Boston MA 02124

Agent

Name: Jonathan Batchelder

Office

Name: Wallace Property Company

Phone: 617-423-2003

Payment Calculator

, Interest

Property Taxes 842.25

Principal & Interest 12323.36

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Wallace Property Company

Jonathan Batchelder

Agent Phone

Office Phone

(617) 423-2003

Text Agent Call Agent Call Office

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EXIT

Active

20 Fairmount St, Boston MA 02124

$2,000,000

Annual Expenses for 20 Fairmount St, Boston MA 02124

Annual Income & Unit Breakdown for 20 Fairmount St, Boston MA 02124

General Information for 20 Fairmount St, Boston MA 02124

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Financial Information for 20 Fairmount St, Boston MA 02124

Location Information for 20 Fairmount St, Boston MA 02124

Contact Information for 20 Fairmount St, Boston MA 02124

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Exclusive Listing Agent

Wallace Property Company

Jonathan Batchelder