INVESTORS and OWNER-OCCUPANTS ALIKE!!! ***ASTONISHING*** Opportunity to purchase an excellent 3-family property with over very large floor plates spanning more than 4,000 SF of livable space, at an Unbelievable price point. Unit #1 (2-bed leased through June 2027 at $2,500). Unit #1 can easily be converted to a 3 bedroom (in lieu of full size dining room). Unit #2 (3-bed) is vacant and ready to be moved into with some TLC. Unit #2 can easily be converted to a 4 bedroom (in lieu of full size living room). Unit #3 (2-bed leased through February 2027 at $1,600). The property is conveniently located right off of Blue Hill Ave, on multiple MTA bus routes, a short 10-minute walk to the Four Corners/Geneva Commuter Rail line, and a very short walk to Franklin Park Zoo (and Golf Course), multiple businesses and restaurants, parks, grocery shops, and much more! Hardwood floors throughout, incredibly well lit with plenty of windows, tall ceilings and large floorplates featuring a Kitchen and Dining room in each unit as well as back and front porches. Shared backyard and a parking space for each unit! UPDATES: electrical systems (2017 - 200amps), siding/gutters (2019), rear porches (2017), front porch (2019), hard wired smoke alarms throughout (2025). Seller willing to contribute $20k in credit towards closing costs at the original asking of $999,900
This home has been viewed 12 times
Last Checked: September 25th, 2026 at 9:53am (Source: MLS PIN #73567663)
Gross Income: $49,200
Gross Expenses: $10,695
Net Income Calc: $38,505
Water Views
Annual Expenses for 15 Mclellan St, Boston MA 02121
Total Gross Expenses (Calculated)$10,695/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax10695
Annual Income & Unit Breakdown for 15 Mclellan St, Boston MA 02121
Total Gross Income (Calculated)$49,200
Unit 1
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit1
Rent IncludesHeat
General Information for 15 Mclellan St, Boston MA 02121
Listing ID73567663
Property TypeMulti Family / 3 Family
Price979900 ($243.45/SqFt)
Style3 Family - 3 Units Up/down
CityBoston
CountySuffolk
MLS AreaDorchester
Neighborhood(s)
Approximate Living Area Total4025
Approximate Lot Size (Acres)0.09
Total Parking3
Garage Parking0
Year Built1910
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningR3
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 15 Mclellan St, 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 15 Mclellan St, Boston MA 02121
Real Estate Taxes10695
Tax Year2025
Assessed Value$923,600
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 15 Mclellan St, Boston MA 02121
Neighborhood(s)
MLS AreaDorchester
Area AmenitiesWalk/jog Trails
Contact Information for 15 Mclellan St, Boston MA 02121