This fantastic South Boston mixed use property on corner of Dorchester St and E 4th St is being offered at a 6 Cap, with year 2 pro forma at just under 6.25. Steps to the corner of East/West Broadway this building is in the center of everything SB has to offer. The property boasts just under 7,200 gross sqft. First floor commercial is leased for 3 years at $4500, $4650, and $4800. Rear of first floor and basement currently being utilized by owner for storage. Additional tenant has lease option for $500/mo for rear office and bsmt storage. The second and third floors are nearly identical. Updated 1700 sqft four BR two BA with living room, dining room and eat in kitchen. All of the rooms are large, have ceiling fans and with the corner exposure get sun all day long. Both residential units have their own laundry room and brand new mini splits installed for heat/ac. Commercial space has forced hot air by gas for heat/ac, two years young. Exquisite city views from roof for someone willing to go through the process to get approval for a roof deck down the road. Commercial tenant will be pursuing upgrades to first floor facade at their own expense.
This home has been viewed 12 times
Last Checked: September 25th, 2026 at 4:29am (Source: MLS PIN #73576158)
Gross Income: $201,600
Gross Expenses: $24,600
Net Income Calc: $177,000
Water Views
Annual Expenses for 124-124A Dorchester St, Boston MA 02127
Total Gross Expenses (Calculated)$24,600/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax24600
Annual Income & Unit Breakdown for 124-124A Dorchester St, Boston MA 02127
Total Gross Income (Calculated)$201,600
Unit 1
Rental Income$0
LeaseY
Bedrooms0
Bathrooms1 Full, 1 Half
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseY
Bedrooms4
Bathrooms2 Full
Floor2
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseY
Bedrooms4
Bathrooms2 Full
Floor3
Levels in Unit1
Rent IncludesHeat
General Information for 124-124A Dorchester St, Boston MA 02127
Listing ID73576158
Property TypeMulti Family / 3 Family
Price2575000 ($477.91/SqFt)
Style3 Family
CityBoston
CountySuffolk
MLS AreaSouth Boston
Neighborhood(s)
Approximate Living Area Total5388
Approximate Lot Size (Acres)0.04
Total Parking0
Garage Parking0
Year Built1899
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 Space
ZoningMFR/LS
Water ViewsNo
Water Views Features
Waterfront0
Waterfront FeaturesRiver
Terms
Disclosures for 124-124A Dorchester St, Boston MA 02127
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsWasher
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 124-124A Dorchester St, Boston MA 02127
Real Estate Taxes24600
Tax Year2026
Assessed Value$99,999
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 124-124A Dorchester St, Boston MA 02127
Neighborhood(s)
MLS AreaSouth Boston
Area AmenitiesWalk/jog Trails
Contact Information for 124-124A Dorchester St, Boston MA 02127