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Active

42 Florida St, Boston MA 02124

$1,999,999

Estimated $3,944/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $499,999.75

Total Rent: 126324/year

Estimated CAP Rate:

10 Bedrooms

Baths

4032

Total Parking: 22 (5 Garage)

7,905 (0.18)

RARE DORCHESTER MULTIFAMILY INVESTMENT & DEVELOPMENT OPPORTUNITY! Situated on a generous 7,905 SF lot, this existing 4-family property offers 10 bedrooms, approximately 4,032 SF of living area, 6,048 SF of total building area, and 5 garage bays, providing multiple opportunities for investors, developers, and builders. Built in 1930, this two-story property offers the potential to generate rental income while exploring future improvements or redevelopment. With reported R4 zoning and a substantial lot, buyers may wish to investigate possibilities including condominium conversion, expansion of the existing structure, additional residential units, or redevelopment of the garage area. Convenient Dorchester location with access to Boston amenities, transportation, shopping, and neighborhood conveniences. An excellent opportunity to renovate, reposition, or explore the property’s full development potential. Buyer and buyer’s agent to perform their own due diligence regarding zoning, allowable density, additional units, lot coverage, setbacks, parking requirements, and all necessary City of Boston approvals. Property sold as-is.

This home has been viewed 3 times

Last Checked: October 23rd, 2026 at 9:18am (Source: MLS PIN #73594178)

Gross Income: $126,324

Gross Expenses: $8,416

Net Income Calc: $117,908

Annual Expenses for 42 Florida St, Boston MA 02124

Total Gross Expenses (Calculated)$8,416/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax8416

Annual Income & Unit Breakdown for 42 Florida St, Boston MA 02124

Total Gross Income (Calculated)$126,324

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor0

Levels in Unit0

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor0

Levels in Unit0

Rent Includes

Unit 3

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor0

Levels in Unit0

Rent Includes

Unit 4

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor0

Levels in Unit0

Rent Includes

General Information for 42 Florida St, Boston MA 02124

Listing ID73594178

Property TypeMulti Family / 4 Family

Price1999999 ($496.03/SqFt)

Style4 Family

CityBoston

CountySuffolk

Neighborhood(s)

Approximate Living Area Total4032

Approximate Lot Size (Acres)0.18

Total Parking22 (5 Garage)

Garage Parking5

Year Built1930

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor Space

ZoningR4

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 42 Florida St, Boston MA 02124

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsSurveillance Devices

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 42 Florida St, Boston MA 02124

Real Estate Taxes8416

Tax Year2026

Assessed Value$678,700

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 42 Florida St, Boston MA 02124

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 42 Florida St, Boston MA 02124

Agent

Name: Matthew M. Jenkins

Office

Name: Shore Real Estate LLC

Phone: 617-320-7177

Team Members

Payment Calculator

, Interest

Property Taxes 701.33

Principal & Interest 12323.36

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Shore Real Estate LLC

Matthew M. Jenkins

Agent Phone

Office Phone

(617) 320-7177

Text Agent Call Agent Call Office

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EXIT

4 More Photos

Active

42 Florida St, Boston MA 02124

$1,999,999

Annual Expenses for 42 Florida St, Boston MA 02124

Annual Income & Unit Breakdown for 42 Florida St, Boston MA 02124

General Information for 42 Florida St, Boston MA 02124

Disclosures for 42 Florida St, Boston MA 02124

Financial Information for 42 Florida St, Boston MA 02124

Location Information for 42 Florida St, Boston MA 02124

Contact Information for 42 Florida St, Boston MA 02124

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Shore Real Estate LLC

Matthew M. Jenkins