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    252-254 Magnolia St Boston, MA 02121

    For Sale
    $1,999,000

    Multifamily property with value-add potential in a growing neighborhood.

    Lot size:
    0.13 Acres

    Property Features for 252-254 Magnolia St

    General Information

    Lot size
    0.13 Acres

    Building Details

    Year built
    1899

    Source: EVO Real Estate Group, LLC Agent Ashmael Brun

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

    Overview

    Six-Unit Multifamily in Dorchester

    This six-unit multifamily property is located in a rapidly developing neighborhood of Dorchester. The unit mix comprises five 3-bed/1-bath units and one 2-bed/1-bath unit. The property offers a value-add opportunity for investors to increase cash flow through cosmetic updates and strategic improvements. Its location provides convenient access to Four Corners/Geneva and Uphams Corner commuter rail stations, attracting renters seeking transit options. The property is situated near grocery stores, shops, and restaurants, supporting strong rental demand. Additional features include private decks, a fenced backyard, and direct access to an adjacent playground, enhancing tenant appeal.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Boston
    County
    Suffolk
    State
    Massachusetts
    Longitude
    -71.074623
    Latitude
    42.310104

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    FAQs

    What type of property is this?
    Apartment building - Multifamily property with value-add potential in a growing neighborhood.
    Where is this apartment building located?
    The property is located at 252-254 Magnolia St Boston, MA.
    What is the asking price?
    The asking price for this property is $1,999,000.
    What are key features of this property?
    This property features: - Strong Value-Add Potential: Increase cash flow through updates.; - Prime Location: Situated in Dorchester's fastest-growing neighborhood.; - Convenient Transit Access: Minutes from commuter rail stations.
    (857) 249-2824
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    Boston, MA 02121
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    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
    252-254 Magnolia St Boston, MA 02121
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