Grove Property Group is pleased to present 142 Dorchester Street, an 18-unit stabilized multifamily asset in South Boston offered at a 6+ cap rate on in-place income.The property operates as a studio apartment building and is delivered fully stabilized and turnkey. All 18 units have been updated with modern kitchens, baths, and flooring. Common areas are modern throughout. The building is fully sprinklered and includes an additional driveway with 4 tandem parking spaces. Each unit is equipped with its own kitchen and bathroom (not shared), individual thermostat control for heat and AC — master HVAC is owner-paid. On-site laundry provides ancillary income.142 Dorchester Street represents one of the few opportunities to acquire scale in South Boston's supply-constrained multifamily market at a sub-$265,000 per-unit basis with no capital requirements to close!
This home has been viewed 23 times
Last Checked: June 8th, 2026 at 8:53am (Source: MLS PIN #73531446)
Gross Income: $49,200
Gross Expenses: $10,518
Net Income Calc: $38,682
Annual Expenses for 142 Dorchester Street, Boston MA 02127
Total Gross Expenses (Calculated)$10,518/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax10518
Annual Income & Unit Breakdown for 142 Dorchester Street, Boston MA 02127
Total Gross Income (Calculated)$49,200
Unit 1
Rental Income$0
LeaseY
Bedrooms0
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms0
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
Lease
Bathrooms
Rent Includes
Unit 4
Rental Income$0
Lease
Bathrooms
Rent Includes
General Information for 142 Dorchester Street, Boston MA 02127
Listing ID73531446
Property TypeMulti Family
Price4750000 ($967.81/SqFt)
Style5+ Family - Rooming House
CityBoston
CountySuffolk
MLS AreaSouth Boston
Neighborhood(s)
Approximate Living Area Total4908
Approximate Lot Size (Acres)0.11
Total Parking4
Garage Parking0
Year Built1899
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningA
Water Views
Water Views Features
Waterfront0
Waterfront FeaturesRiver
Terms
Disclosures for 142 Dorchester Street, Boston MA 02127
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsSeller's Personal Property
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 142 Dorchester Street, Boston MA 02127
Real Estate Taxes10518
Tax Year2026
Assessed Value$840,000
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 142 Dorchester Street, Boston MA 02127
Neighborhood(s)
MLS AreaSouth Boston
Area Amenities
Contact Information for 142 Dorchester Street, Boston MA 02127