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    Three-Family Dwelling in Dorchester Title is generated by Realmo AI

    65 Ridgewood St, Boston, MA 02122

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    For Sale
    $900,000

    Three-family dwelling needing updates in Meeting House Hill area.

    Type:3 Family
    Property size:
    2,919 SF
    Price / SF:
    $308/SF
    Added:
    Apr 9, 2026
    Days on Market:
    64
    Last Refresh:
    Apr 20 at 6:48 pm

    Property Features for 65 Ridgewood St

    General Information

    Standard status
    Active
    Size
    2,919 SF
    Property subtype
    3 Family

    Building Details

    Year Built
    1905

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    Listing Contact
    Jeffrey McDowell

    Listing agent Jeffrey McDowell

    Listing office Jeff McDowell Realty LLC

    Listing date Apr 9, 2026

    Source Lockandkeyre

    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 Jeff McDowell Realty LLC

    HighLights

    • Three‑family dwelling offers income potential or multi‑generational living.
    • Located in the Meeting House Hill and Field Corner area.
    • Proximity to schools, including UP Academy Charter School of Dorchester and Helen Y. Davis Leadership Academy Charter Public School.
    • Built in 1905, offering historical character.
    • Opportunity for renovation and customization.
    • Estate sale.

    Overview

    This three-family dwelling is located in the Meeting House Hill and Field Corner area and requires updates to kitchens, bathrooms, plumbing, and walls. The property is situated near schools, including UP Academy Charter School of Dorchester and Helen Y. Davis Leadership Academy Charter Public School. This is an estate sale, and the final sale is subject to Probate Court approval. The property, with a size of 2919 square feet, is being sold in As Is condition.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $110.3k $37.80
    − Vacancy −$5.0k −$1.70
    EGI $105.4k $36.10
    − OpEx −$31.6k −$10.83
    NOI $73.8k $25.27
    2,919 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $1.05M
    $922.0K – $1.23M (±1% cap)
    NOI $73,761 @ 7.0% cap · market cap 8.20%
    Second Best
    Apartment 5plus
    $979.6K
    $857.2K – $1.14M (±1% cap)
    NOI $68,573 @ 7.0% cap · market cap 7.62%
    Theoretical Best
    Office A
    $2.19M
    $1.91M – $2.55M (±1% cap)
    NOI $153,002 @ 7.0% cap · market cap 17.00%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Boston
    County
    Suffolk
    State
    Massachusetts
    Longitude
    -71.06457
    Latitude
    42.30224

    FAQs

    What type of property is this?
    Triplex - Three-family dwelling needing updates in Meeting House Hill area.
    Where is this triplex located?
    The property is located at 65 Ridgewood St Boston, MA.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: Three‑family dwelling offers income potential or multi‑generational living.; Located in the Meeting House Hill and Field Corner area.; Proximity to schools, including UP Academy Charter School of Dorchester and Helen Y. Davis Leadership Academy Charter Public School.
    More about this property
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