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22 Melbourne Street, Boston MA 02121

$1,025,000

Estimated $2,996/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $341,666.67

Total Rent: 120960/year

Estimated CAP Rate:

9 Bedrooms

Baths

3504

Total Parking: 3

3,892 (0.09)

22 Melbourne Street is a fully leased, three-unit apartment building in Dorchester, comprised entirely of spacious 3-bedroom/1-bath units. All units are lead-paint certified, and the roof was replaced in 2021, minimizing near-term capital needs for a new owner. On-site parking for 3-4 vehicles and coin-operated laundry add income and convenience, while a four-minute walk to the Red Line keeps the property well connected to downtown Boston. One unit can be delivered vacant.

This home has been viewed 4 times

Last Checked: September 15th, 2026 at 3:33pm (Source: MLS PIN #73564660)

Gross Income: $120,960

Gross Expenses: $16,008

Net Income Calc: $104,952

Annual Expenses for 22 Melbourne Street, Boston MA 02121

Total Gross Expenses (Calculated)$16,008/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax16008

Annual Income & Unit Breakdown for 22 Melbourne Street, Boston MA 02121

Total Gross Income (Calculated)$120,960

Unit 1

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

Lease

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

General Information for 22 Melbourne Street, Boston MA 02121

Listing ID73564660

Property TypeMulti Family / 3 Family

Price1025000 ($292.52/SqFt)

Style3 Family - 3 Units Up/down

CityBoston

CountySuffolk

MLS AreaDorchester

Neighborhood(s)

Approximate Living Area Total3504

Approximate Lot Size (Acres)0.09

Total Parking3

Garage Parking0

Year Built1905

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

Basement

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

Zoning3F-D-3000

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 22 Melbourne Street, Boston MA 02121

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsPersonal 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 22 Melbourne Street, Boston MA 02121

Real Estate Taxes16008

Tax Year2026

Assessed Value$1,279,200

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 22 Melbourne Street, Boston MA 02121

Neighborhood(s)

MLS AreaDorchester

Area Amenities

Contact Information for 22 Melbourne Street, Boston MA 02121

Agent

Name: Kevin Benzinger

Office

Name: Boston Realty Advisors

Phone: 617-375-7900

Team Members

Payment Calculator

, Interest

Property Taxes 1334

Principal & Interest 6315.72

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Boston Realty Advisors

Kevin Benzinger

Agent Phone

Office Phone

(617) 375-7900

Text Agent Call Agent Call Office

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EXIT

11 More Photos

Pending

22 Melbourne Street, Boston MA 02121

$1,025,000

Annual Expenses for 22 Melbourne Street, Boston MA 02121

Annual Income & Unit Breakdown for 22 Melbourne Street, Boston MA 02121

General Information for 22 Melbourne Street, Boston MA 02121

Disclosures for 22 Melbourne Street, Boston MA 02121

Financial Information for 22 Melbourne Street, Boston MA 02121

Location Information for 22 Melbourne Street, Boston MA 02121

Contact Information for 22 Melbourne Street, Boston MA 02121

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Boston Realty Advisors

Kevin Benzinger