Proud to present 400-412 Neponset Avenue and 10-12 Redfield Street - a rare chance to acquire three adjacent properties totaling 26,000 SF in Dorchester’s Neponset/Port Norfolk neighborhood. The portfolio includes a corner mixed-use building and two triple-deckers with six spacious 3-bed units. Nearly 75% of the residential units have been recently renovated, providing strong in-place income with additional value-add potential. Currently generating $556,000 in NOI. The properties feature dedicated on-site parking - a major asset in this submarket - and benefit from strong in-place income, excellent visibility on a well-traveled corridor, and convenient access to I-93, public transit.
This home has been viewed 12 times
Last Checked: April 23rd, 2026 at 5:28am (Source: MLS PIN #73503815)
Gross Income: $0
Gross Expenses: $14,399
Net Income Calc: $14,399
Annual Expenses for 400-412 Neponset Ave, Boston MA 02122
Total Gross Expenses (Calculated)$14,399/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax14399.73
Annual Income & Unit Breakdown for 400-412 Neponset Ave, Boston MA 02122
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseY
Bedrooms0
Bathrooms
Floor0
Levels in Unit0
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms0
Bathrooms
Floor0
Levels in Unit0
Rent Includes
Unit 3
Rental Income$0
Lease
Bathrooms
Rent Includes
Unit 4
Rental Income$0
Lease
Bathrooms
Rent Includes
General Information for 400-412 Neponset Ave, Boston MA 02122
Listing ID73503815
Property TypeMulti Family
Price8999999 ($346.15/SqFt)
Style5+ Family - 5+ Units Up/down
CityBoston
CountySuffolk
MLS AreaDorchester
Neighborhood(s)
Approximate Living Area Total26000
Approximate Lot Size (Acres)0.2
Total Parking13
Garage Parking0
Year Built1920
Year Built SourceOwner
Year Built DetailsApproximate
WaterPublic,individual Meter
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningLC
Water Views
Water Views Features
Waterfront0
Waterfront FeaturesRiver
Terms
Disclosures for 400-412 Neponset Ave, Boston MA 02122
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceOwner
ExclusionsRefrigerator And Some Personal Belongings
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 400-412 Neponset Ave, Boston MA 02122
Real Estate Taxes14399.73
Tax Year2025
Assessed Value$2,971,000
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 400-412 Neponset Ave, Boston MA 02122
Neighborhood(s)
MLS AreaDorchester
Area AmenitiesWalk/jog Trails
Contact Information for 400-412 Neponset Ave, Boston MA 02122