Pleased to present 342–344 Bowdoin Street, a six-unit multifamily investment opportunity in the Meeting House Hill neighborhood of Dorchester. Comprising two adjacent three-family buildings totaling 11,800 gross square feet, the property pairs immediate flexibility with in-place income: the seller will deliver four of the six units vacant at closing, allowing a new owner to renovate, reposition, or re-lease at market rents from day one, while the remaining two units are occupied by long-term Section 8 tenants, providing a stable, subsidized income base. The buildings have been exceptionally maintained and upgraded, featuring 2 full bathrooms per unit, central air and mini-split systems, keyless entry, and income-producing common laundry. Rents on the vacant units have been driven by a furnished, extended-stay rental strategy, generating income above a traditional stabilized lease structure — upside a new owner can capture immediately or normalize toward conventional leasing over time. Situated directly on an MBTA bus route just minutes from Fields Corner Station on the Red Line and with quick access to I-93, the property sits within one of Dorchester's most actively traded rental submarkets, walkable to Dorchester Food Co-op, Ronan Park, and a growing retail and dining corridor. With vacant units at closing, an established income stream, and full configuration flexibility, 342–344 Bowdoin Street offers a compelling entry point into Greater Boston's largest and most dynamic neighborhood. The buildings are being offered as a package or individually.
This home has been viewed 13 times
Last Checked: September 14th, 2026 at 7:23pm (Source: MLS PIN #73568258)
Gross Income: $38,400
Gross Expenses: $20,665
Net Income Calc: $17,735
Annual Expenses for 342-344 Bowdoin Street, Boston MA 02122
Total Gross Expenses (Calculated)$20,665/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax20665
Annual Income & Unit Breakdown for 342-344 Bowdoin Street, Boston MA 02122
Total Gross Income (Calculated)$38,400
Unit 1
Rental Income$0
LeaseN
Bedrooms4
Bathrooms2 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms5
Bathrooms2 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseY
Bedrooms5
Bathrooms2 Full
Floor3
Levels in Unit1
Rent Includes
Unit 4
Rental Income$0
LeaseN
Bedrooms4
Bathrooms2 Full
Floor1
Levels in Unit1
Rent Includes
General Information for 342-344 Bowdoin Street, Boston MA 02122
Listing ID73568258
Property TypeMulti Family / 5+ Family
Price2429000 ($281.33/SqFt)
Style5-9 Family
CityBoston
CountySuffolk
Neighborhood(s)
Approximate Living Area Total8634
Approximate Lot Size (Acres)0.14
Total Parking0
Garage Parking0
Year Built1900
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
Zoning9
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 342-344 Bowdoin Street, Boston MA 02122
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsRefrigerator In Basement And Table In The Kitchen.
Financial Data SourceEstimated
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 342-344 Bowdoin Street, Boston MA 02122
Real Estate Taxes20665
Tax Year2025
Assessed Value$1,784,600
Financial Data SourceEstimated
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 342-344 Bowdoin Street, Boston MA 02122
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 342-344 Bowdoin Street, Boston MA 02122