Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    84-86 Park St Boston, MA 02122

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,650,000

    Redevelopment opportunity for a 14-unit residential community near transit.

    Lot size:
    0.11 Acres

    Property Features for 84-86 Park St

    General Information

    Lot size
    0.11 Acres

    Building Details

    Year built
    1899

    Source: LAER Realty Partners Agent Lisa Couture

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Dorchester Redevelopment Opportunity Near Transit

    This multi-family property in Dorchester, Boston, is offered as a redevelopment opportunity. A permit is in hand for the construction of a 5-story, 14-unit residential community. The development plan includes 5 off-street parking spaces. The property is located near Fields Corner and provides convenient access to the Red Line. Its location offers accessibility to major colleges, hospitals, Downtown Boston, MBTA services, and various cultural venues, restaurants, and shops. Local beaches are situated less than 2 miles away, providing access to waterfront areas.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Boston
    County
    Suffolk
    State
    Massachusetts
    Longitude
    -71.05706
    Latitude
    42.29959

    Nearby Similar for Sale

    • $2,250,000
      4,101 SF

      Two-Unit Home in Dorchester, Boston

      Newly built two-family home with modern design and convenient location.
      43 Chickatawbut St, Boston, MA 02122
      View Details
    • $1,325,000
      3,399 SF

      Two-Family Investment Property in Boston

      Rare two-family property with updated features and convenient location.
      87 Etna St, Boston, MA 02135
      View Details
    • $699,000
      1,616 SF

      Renovated Two-Unit Condo in Boston

      Gut-renovated East Boston condo with flexible living spaces.
      80 Marion St, Boston, MA 02128
      View Details
    • $2,400,000
      4,296 SF

      Roxbury Turnkey Investment Opportunity

      Six-unit property near Northeastern University and Longwood Medical Area.
      20-22 Rockville Park, Boston, MA 02119
      View Details
    • $899,000
      Pending

      Boston Two-Family Home on Corner Lot

      Remodeled two-family home in Boston with modern finishes and ample parking.
      57 Stratton St, Boston, MA 02124
      View Details
    • $650,000
      Pending

      Mattapan Two-Family Home Investment Opportunity

      Two-family home near T-station, shopping, and Neponset Greenway Trail.
      10 Briarcliff Ter, Boston, MA 02126
      View Details

    FAQs

    What type of property is this?
    Apartment building - Redevelopment opportunity for a 14-unit residential community near transit.
    Where is this apartment building located?
    The property is located at 84-86 Park St Boston, MA.
    What is the asking price?
    The asking price for this property is $1,650,000.
    What are key features of this property?
    This property features: - Permit IN HAND for a 5-story, 14-unit residential development.; - Prime location near Fields Corner in booming Dorchester.; - Includes 5 off-street parking spaces.
    (617) 543-7192
    Request Owner's contact information
    84-86 Park St Boston, MA 02122
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    84-86 Park St
    Boston, MA 02122
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    84-86 Park St Boston, MA 02122
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.