Rare investment opportunity in the heart of Dorchester! This turnkey, maintenance-free three-family property at 7 Corbet St is a high-yield addition to any portfolio, boasting a 7% cap rate and strong rental history. The property features three easy-to-manage 1-bedroom units, making it an ideal choice for investors seeking consistent cash flow or an owner-occupant looking for a savvy house-hack. Situated in a prime location just moments from public transportation, this building offers unparalleled convenience for commuters and high desirability for tenants. Property Highlights include 2021 water heater, 2011 boilers, expansion tanks replaced in 2024 and Unit 2 and 3 recently refreshed in 2026. Whether you are looking to execute a 1031 exchange or purchase your first multi-family, this asset offers the perfect blend of stability, modern updates, and premier location. Unit 1 TAW. Unit 2 and 3 are vacant. Rents listed are projected. Listing agent has ownership interest.
This home has been viewed 11 times
Last Checked: June 25th, 2026 at 8:18am (Source: MLS PIN #73528899)
Gross Income: $80,400
Gross Expenses: $19,191
Net Income Calc: $61,209
Annual Expenses for 7 Corbet Street, Boston MA 02124
Total Gross Expenses (Calculated)$19,191/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax8612.88
Annual Income & Unit Breakdown for 7 Corbet Street, Boston MA 02124
Total Gross Income (Calculated)$80,400
Unit 1
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor3
Levels in Unit1
Rent Includes
General Information for 7 Corbet Street, Boston MA 02124
Listing ID73528899
Property TypeMulti Family / 3 Family
Price799000 ($421.19/SqFt)
Style3 Family
CityBoston
CountySuffolk
Neighborhood(s)
Approximate Living Area Total1897
Approximate Lot Size (Acres)0
Total Parking0
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningRES
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 7 Corbet Street, Boston MA 02124
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
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 7 Corbet Street, Boston MA 02124
Real Estate Taxes8612.88
Tax Year2026
Assessed Value$688,700
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 7 Corbet Street, Boston MA 02124
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 7 Corbet Street, Boston MA 02124