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Grove Property Group is pleased to present 142 Dorchester Street, an 18-unit stabilized multifamily asset in South Boston offered at a 6+ cap rate on in-place income.The property operates as a studio apartment building and is delivered fully stabilized and turnkey. All 18 units have been updated with modern kitchens, baths, and flooring. Common areas are modern throughout. The building is fully sprinklered and includes an additional driveway with 4 tandem parking spaces. Each unit is equipped with its own kitchen and bathroom (not shared), individual thermostat control for heat and AC - master HVAC is owner-paid. On-site laundry provides ancillary income.142 Dorchester Street represents one of the few opportunities to acquire scale in South Boston's supply-constrained multifamily market at a sub-$265,000 per-unit basis with no capital requirements to close!

More Info

Basic Information

  • Gross Income $49,200
  • Lot Features Corner Lot
  • Mls StatusNew
  • Parcel Number 1410646

Tax Information

  • Tax Assessed Value $840,000
  • Tax Year 2026
  • Taxes$10,518

Parking

  • Parking Spaces4

Rooms

  • Bathroom18
  • Bathrooms Total Decimal 18
  • Bedrooms18
  • Full Bath18

Basic Information

  • List Price$4,750,000
  • MLS Number73531446
  • Modification Date06/07/2026
  • Property SubType5+ Family - Rooming House

Location

  • Address142 Dorchester Street
  • Building Number142
  • CountySuffolk
  • NeighborhoodSouth Boston
  • StateMA
  • StreetDorchester Street
  • SubdivisionSouth Boston
  • TownBoston
  • Zip02127

Building

  • Building Area Units Square Feet
  • FoundationOther
  • Levels 3
  • Rooms18
  • Stories3
  • Units18
  • Year Built1899
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.11

Utilities

  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 4,908
  • Lot Size Square Feet 4,935
  • Lot Size Units Acres
  • Square Feet4,908

Water Body

  • Miles to Beach0.3
  • Waterfront Features 1/10 to 3/10 To Beach

Legal

  • ZoningA

Other

  • Date Listed06/07/2026
  • Farm Land Area Units Square Feet
  • View Count1

Map Location

Driving Directions

Listed by GPG Team of Grove Property Group

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