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    Dorchester Duplex with Garage Parking Title is generated by Realmo AI

    87 Burt Street, Boston, MA 02124

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    Claim this Listing
    For Sale
    $949,000

    Investment opportunity near Ashmont Red Line with modern updates.

    Type:Multi-family
    Property size:
    3,213 SF
    Price / SF:
    $295/SF
    Added:
    Jan 20, 2026
    Days on Market:
    142
    Last Refresh:
    Apr 14 at 10:22 pm

    Property Features for 87 Burt Street

    General Information

    Standard status
    Active
    Size
    3,213 SF
    Property subtype
    Multi-family

    Building Details

    Year Built
    1920

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    Listing Contact
    Wilson Group

    Listing agent Wilson Group

    Listing office Keller Williams Realty

    Listing date Jan 20, 2026

    Source Cambridgerealty

    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 Keller Williams Realty

    HighLights

    • Highly desirable Dorchester location near Ashmont Red Line and Peabody Square amenities.
    • Strong investment potential: owner‑occupancy, multi‑generational living, or portfolio addition.
    • Opportunity to convert to 2‑3 luxury condos or high‑end rentals.
    • Updated with modern efficiency: electrical updates and solar panels.
    • New roof (2016) and freshly painted exterior (2025).
    • Garage parking.

    Overview

    This property presents an investment opportunity in Dorchester, suitable for owner-occupants, multigenerational living, or portfolio expansion. The property combines classic charm with modern efficiency. Updates include electrical work and solar panels. A new roof was installed in 2016, and the exterior is scheduled for a fresh coat of paint in 2025. The location offers walkability to the Ashmont Red Line and Peabody Square's cafes, restaurants, and farmers' market. Neighborhood amenities contribute to long-term value, with potential for living in, renting out, or repositioning. The property offers a path to creating 2-3 luxury condos or high-end rentals. The property size is 3213 square feet and includes garage parking.

    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 $121.5k $37.80
    − Vacancy −$5.5k −$1.70
    EGI $116.0k $36.10
    − OpEx −$34.8k −$10.83
    NOI $81.2k $25.27
    3,213 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $1.16M
    $1.01M – $1.35M (±1% cap)
    NOI $81,190 @ 7.0% cap · market cap 8.56%
    Second Best
    Apartment 5plus
    $1.08M
    $943.5K – $1.26M (±1% cap)
    NOI $75,480 @ 7.0% cap · market cap 7.95%
    Theoretical Best
    Office A
    $2.41M
    $2.11M – $2.81M (±1% cap)
    NOI $168,413 @ 7.0% cap · market cap 17.75%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Boston
    County
    Suffolk
    State
    Massachusetts
    Longitude
    -71.07114
    Latitude
    42.2838

    FAQs

    What type of property is this?
    Duplex - Investment opportunity near Ashmont Red Line with modern updates.
    Where is this duplex located?
    The property is located at 87 Burt Street Boston, MA.
    What is the asking price?
    The asking price for this property is $949,000.
    What are key features of this property?
    This property features: Highly desirable Dorchester location near Ashmont Red Line and Peabody Square amenities.; Strong investment potential: owner‑occupancy, multi‑generational living, or portfolio addition.; Opportunity to convert to 2‑3 luxury condos or high‑end rentals.
    More about this property
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