Mixed-Use Brick Building with
840-842a Dorchester Avenue Boston, MA 02125
840-842a Dorchester Avenue, Boston, MA, 02125
$2,550,000
For Sale
$2,550,000
Brick mixed-use building includes four residential units and one large commercial unit, now vacant and requiring rehabilitation.
Property Size9,792 SF
Price / SF$260.42
Days on Market60
Property Features for 840-842a Dorchester Avenue
General Information
- Standard status
- Active
- Size
- 9,792 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1905
Listing agency
Joyce Lebedew Real Estate
Listed by
Francis Adams
(617) 236-0353
Source
Thecharlesrealty
Added: May 23 Updated: Jul 21 at 3:17AM Checked: Jul 21 at 3:17AM
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 Joyce Lebedew Real Estate
Investment Insights
Based on property information with market context.
This recently vacated mixed-use brick building features four residential units and one large commercial unit. The property is now vacant and requires rehabilitation, with site plan and proposed renovation plans reportedly attached. A roof level offers unobstructed city views.
The building is located on the South Boston and Dorchester line on Dorchester Avenue. It is described as being near MBTA Red Line stations including JFK/UMASS and Andrew Square, and it provides easy highway access to I-93 North and South and the Massachusetts Turnpike.
The configuration provides both residential and commercial space within a single structure, with the rehabilitation scope and proposed plans positioned to support renovation and reconfiguration.
The building is located on the South Boston and Dorchester line on Dorchester Avenue. It is described as being near MBTA Red Line stations including JFK/UMASS and Andrew Square, and it provides easy highway access to I-93 North and South and the Massachusetts Turnpike.
The configuration provides both residential and commercial space within a single structure, with the rehabilitation scope and proposed plans positioned to support renovation and reconfiguration.
Key Highlights
- Brick mixed‑use building built in 1905 with 4 residential units and 1 large commercial unit
- Property is recently vacated and currently vacant, and it requires rehabilitation
- Situated on the South Boston and Dorchester line with roof access and unobstructed city views
Local Financial Insights For Apartment 5plus
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 | $434.8k | $44.40 |
| − Vacancy | −$16.5k | −$1.69 |
| EGI | $418.2k | $42.71 |
| − OpEx | −$188.2k | −$19.22 |
| NOI | $230.0k | $23.49 |
9,792 SF · lease $44.40/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$3.53M
$3.09M – $4.12M
NOI $247,437 @ 7.0% cap · market cap 9.70%
Second Best
Apartment 5plus
$3.29M
$2.88M – $3.83M
NOI $230,034 @ 7.0% cap · market cap 9.02%
Theoretical Best
Office A
$7.33M
$6.42M – $8.55M
NOI $513,257 @ 7.0% cap · market cap 20.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Brick mixed-use building includes four residential units and one large commercial unit, now vacant and requiring rehabilitation.
Where is this quadplex located?
The property is located at 840-842a Dorchester Avenue Boston, MA.
What is the asking price?
The asking price for this property is $2,550,000.
What are key features of this property?
This property features: Brick mixed‑use building built in 1905 with 4 residential units and 1 large commercial unit; Property is recently vacated and currently vacant, and it requires rehabilitation; Situated on the South Boston and Dorchester line with roof access and unobstructed city views
