Corner Mixed-Use
1152 Dorchester Ave, Boston, MA 02125
For Sale
$1,499,000
Residential and commercial uses are combined within a prominent corner building near transit and neighborhood amenities.
Property Size4,398 SF
Price / SF$340.84
Days on Market98
Property Features for 1152 Dorchester Ave
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Corner Location
Public Transit
Additional Details
Multifamily Units
Building Details
Year Built
Tenancy
Listing Agency:
The Galvin Group, LLC
Listed By:
Team Galvin
(617) 436-2000
Source:
Billskerry
Added: Aug 2
Changed: Sep 8
Last Checked: Oct 7 at 1:09PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Galvin Group, LLC
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Investment Insights
Based on property information with market context.
Located at 1152 Dorchester Ave in Boston, this mixed-use property combines three residential units with one commercial storefront. The prominent corner configuration brings both housing and commercial space together in a building constructed in 1940.
The property is near the Savin Hill Red Line station, Malibu Beach, UMass Boston, restaurants, shopping, and major commuter routes. Its Dorchester setting places multiple transportation, educational, recreational, dining, and retail destinations within the surrounding area.
The property is near the Savin Hill Red Line station, Malibu Beach, UMass Boston, restaurants, shopping, and major commuter routes. Its Dorchester setting places multiple transportation, educational, recreational, dining, and retail destinations within the surrounding area.
Key Highlights
- Three residential units plus one commercial storefront
- Prominent corner property at 1152 Dorchester Ave
- Constructed in 1940
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$107,366
Cap Rate
7.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,147,320
$2.1M
Cap Rate 7%
$1,533,800
$1.5M
Cap Rate 9%
$1,192,956
$1.2M
Market Conditions
NOI Build-Up for 4,398 SF
Gross rent
$184.7K $42.00/SF
− Vacancy
−$12.9K −$2.94/SF
EGI
$171.8K $39.06/SF
− OpEx
−$64.4K −$14.65/SF
NOI
$107.4K $24.41/SF
Area
Boston, MA
Vacancy
7.00%
Lease Rate
$42.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,147,320
Cap Rate 7%
$1,533,800
Cap Rate 9%
$1,192,956
Alternative Uses
Best Use
Mixed Use
$1.53M
$1.34M – $1.79M
NOI $107,366 @ 7.0% cap · market cap 7.16%
Second Best
Apartment 5plus
$1.48M
$1.29M – $1.72M
NOI $103,318 @ 7.0% cap · market cap 6.89%
Theoretical Best
Office A
$3.29M
$2.88M – $3.84M
NOI $230,526 @ 7.0% cap · market cap 15.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,742
Businesses Nearby
Explore this area
Business Placement
Demographics for 02125, MA
34,926
Population
14,999
Households
2.3
Avg Household Size
32
Median Age
42%
College-Educated
87%
High-School Grad
2.2 sq mi
ZIP Area
15,875
Density / Sq Mi
$71,810
Median Household Income
$52,106
Median Earnings
$1,897
Median Rent
$645,400
Median Home Value
Market
Average Price Trend$/SF for Mixed-use properties in Boston, MA
Properties on Market for Mixed-use properties in Boston
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Residential and commercial uses are combined within a prominent corner building near transit and neighborhood amenities.
Where is this mixed-use property located?
The property is located at 1152 Dorchester Ave Boston, MA.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: Three residential units plus one commercial storefront; Prominent corner property at 1152 Dorchester Ave; Constructed in 1940
