Listing Tools

INVESTMENT OPPORTUNITY IN BOSTON! Exceptional opportunity for investors and owner-occupants alike. This recently renovated multifamily property offers 3 units, 9 bedrooms, 6 bathrooms, and 18 rooms, providing flexibility for rental income, owner occupancy, or a long-term investment strategy. Extensive recent renovations include updated electrical, plumbing System, Renovated Kitchens, Granite Counter Tops, updated windows, Flooring, Roof, with all three units renovated. A lead certificate is available, and the property features 3 off-street parking spaces—a valuable convenience in Boston. Reported annual income potential of approximately $154,000, offering an attractive opportunity for buyers seeking an income-producing asset. Conveniently located near public transportation, shopping, dining, and local amenities. Whether you are expanding your investment portfolio or looking to owner-occupy while generating rental income, this turnkey multifamily property is one to explore. Schedule your private showing today!

More Info

Basic Information

  • Gross Income $103,200
  • Mls StatusNew
  • Parcel Number 1314846
  • Rent Includes Unit 1(Water, Hot Water), Unit 2(Water, Hot Water), Unit 3(Water, Hot Water)

Tax Information

  • Tax Assessed Value $850,400
  • Tax Year 2025
  • Taxes$12,319

School Information

  • Elementary SchoolPauline Agassiz Shaw School
  • High School Boston Int. High School

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street
  • Parking Spaces3

Rooms

  • Bathroom6
  • Bathrooms Total Decimal 6
  • Bedrooms9
  • Full Bath6

Basic Information

  • List Price$1,475,000
  • MLS Number73595786
  • Modification Date10/28/2026
  • Property SubType3 Family - 3 Units Up/Down

Location

  • Address116 Lucerne Street
  • Building Number116
  • CountySuffolk
  • NeighborhoodDorchester
  • StateMA
  • StreetLucerne Street
  • SubdivisionDorchester
  • TownBoston
  • Zip02124

Building

  • BasementPartial
  • Building Area Units Square Feet
  • FoundationConcrete Perimeter
  • Levels 3
  • Patio And Porch Features Enclosed, Deck - Wood
  • Rooms15
  • Stories3
  • Units3
  • Utilities For Gas Range
  • Year Built1929
  • Year Built Details Actual, Renovated Since
  • Year Built Source Public Records

Property

  • Acreage0.1

Interior

  • Flooring Vinyl, Tile
  • Interior Features
    • Bathroom With Tub & Shower
    • Kitchen
    • Lead Certification Available
    • Living Room
    • Remodeled
    • Upgraded Cabinets
    • Upgraded Countertops

Exterior

  • Exterior Features Balcony/Deck, Rain Gutters
  • RoofShingle

Utilities

  • Cooling Window Unit(s)
  • Cooling YN Yes
  • Heat SystemYes
  • Heating Forced Air
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 4,053
  • Lot Size Square Feet 4,245
  • Lot Size Units Acres
  • Square Feet4,053

Amenities

  • Amenities
    • Highway Access
    • Laundromat
    • Park
    • Private School
    • Public Transportation
    • Shopping
  • Appliances IncludedRange, Dishwasher, Microwave, Refrigerator, Trash Compactor
  • Other AmenitiesBasement

Legal

  • ZoningR3

Other

  • Date Listed10/28/2026
  • Farm Land Area Units Square Feet
  • View Count2

Map Location

Driving Directions

Listed by Kaidy Forbes of Keller Williams Elite

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

I agree to receive marketing and customer service calls and text messages from Castles Unlimited. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

$

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.