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223-227 Washington Street, Boston MA 02121

Active

223-227 Washington Street, Boston MA 02121

$2,900,000

Estimated $7,333/month Calculator

Multi Family

Total Units: 9

Price Per Unit: $322,222.22

Total Rent: 67800/year

Estimated CAP Rate:

22 Bedrooms

Baths

7500

Total Parking: 0

4,570 (0.10)

223-225-227 Washington Street presents a rare opportunity to acquire a turnkey three-building multifamily portfolio in the heart of Dorchester. 225 Washington was newly constructed in 2022, while 223 and 227 have been completely gut renovated, offering modern finishes, updated systems, and low-maintenance ownership. Units feature open-concept layouts, shaker cabinetry, stone countertops, stainless steel appliances, recessed lighting, updated baths, and laundry. Ideal for investors seeking strong cash flow with minimal deferred maintenance. Conveniently located near public transportation, major highways, shopping, restaurants, parks, and Downtown Boston. A premier investment opportunity in one of Boston's fastest-growing neighborhoods.

This home has been viewed 11 times

Last Checked: June 19th, 2026 at 6:33am (Source: MLS PIN #73537287)

Gross Income: $67,800

Gross Expenses: $31,564

Net Income Calc: $36,236

Annual Expenses for 223-227 Washington Street, Boston MA 02121

Total Gross Expenses (Calculated)$31,564/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax31564

Annual Income & Unit Breakdown for 223-227 Washington Street, Boston MA 02121

Total Gross Income (Calculated)$67,800

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms3

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 223-227 Washington Street, Boston MA 02121

Listing ID73537287

Property TypeMulti Family / 5+ Family

Price2900000 ($386.67/SqFt)

Style5-9 Family

CityBoston

CountySuffolk

MLS AreaDorchester

Neighborhood(s)

Approximate Living Area Total7500

Approximate Lot Size (Acres)0.1

Total Parking0

Garage Parking0

Year Built2022

Year Built SourceOwner

Year Built DetailsRenovated Since

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningR3

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 223-227 Washington Street, Boston MA 02121

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWasher

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 223-227 Washington Street, Boston MA 02121

Real Estate Taxes31564

Tax Year2026

Assessed Value$2,725,700

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 223-227 Washington Street, Boston MA 02121

Neighborhood(s)

MLS AreaDorchester

Area Amenities

Contact Information for 223-227 Washington Street, Boston MA 02121

Agent

Name: Niko Stafford

Office

Name: Block Realty

Phone: 617-505-3324

Payment Calculator

, Interest

Property Taxes 2630.33

Principal & Interest 17868.88

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Block Realty

Niko Stafford

Agent Phone

Office Phone

(617) 505-3324

Text Agent Call Agent Call Office

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    [description] => 223-225-227 Washington Street presents a rare opportunity to acquire a turnkey three-building multifamily portfolio in the heart of Dorchester. 225 Washington was newly constructed in 2022, while 223 and 227 have been completely gut renovated, offering modern finishes, updated systems, and low-maintenance ownership. Units feature open-concept layouts, shaker cabinetry, stone countertops, stainless steel appliances, recessed lighting, updated baths, and  laundry. Ideal for investors seeking strong cash flow with minimal deferred maintenance. Conveniently located near public transportation, major highways, shopping, restaurants, parks, and Downtown Boston. A premier investment opportunity in one of Boston's fastest-growing neighborhoods.
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    [unparsed] => 223-227 Washington Street, Boston MA 02121
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EXIT

24 More Photos

Active

223-227 Washington Street, Boston MA 02121

$2,900,000

Annual Expenses for 223-227 Washington Street, Boston MA 02121

Annual Income & Unit Breakdown for 223-227 Washington Street, Boston MA 02121

General Information for 223-227 Washington Street, Boston MA 02121

Disclosures for 223-227 Washington Street, Boston MA 02121

Financial Information for 223-227 Washington Street, Boston MA 02121

Location Information for 223-227 Washington Street, Boston MA 02121

Contact Information for 223-227 Washington Street, Boston MA 02121

Agent

Office

Payment Calculator

Exclusive Listing Agent

Block Realty

Niko Stafford