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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.

More Info

Basic Information

  • Gross Income $126,324
  • Mls StatusNew
  • Parcel Number W:16 P:01792 S:000,1306996
  • Road Frontage DescriptionPaved

Tax Information

  • Tax Assessed Value $678,700
  • Tax Year 2026
  • Taxes$8,416

Parking

  • Covered Spaces 5
  • Garage YN Yes
  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street
  • Parking Spaces17

Rooms

  • Bathroom4
  • Bathrooms Total Decimal 4
  • Bedrooms10
  • Full Bath4

Basic Information

  • List Price$1,999,999
  • MLS Number73594178
  • Modification Date10/22/2026
  • Property SubType4 Family

Location

  • Address42 Florida Street
  • Building Number42
  • CountySuffolk
  • StateMA
  • StreetFlorida Street
  • TownBoston
  • Zip02124

Building

  • BasementFull
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationConcrete Perimeter
  • Garage Spaces5
  • Levels 2
  • Rooms18
  • Stories2
  • Units4
  • Utilities For Electric Range
  • Year Built1930
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.18

Interior

  • Flooring Wood

Exterior

  • RoofRubber

Utilities

  • Electric Circuit Breakers
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 4,032
  • Lot Size Square Feet 7,905
  • Lot Size Units Acres
  • Square Feet4,032

Amenities

  • AmenitiesPublic Transportation, Park, Walk/Jog Trails, Public School
  • Other AmenitiesBasement

Other

  • Date Listed10/22/2026
  • Farm Land Area Units Square Feet
  • View Count3

Map Location

Driving Directions

Listed by Matthew M. Jenkins of Shore Real Estate LLC

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