34 Bowdoin St Boston, MA 02121

Property Details for 34 Bowdoin St

Property size

4,035 SF

Property type

Apartment buildings

Description

This exceptional three-unit apartment building in Boston's Dorchester neighborhood presents a compelling investment opportunity. Boasting over 4,035 square feet of finished living space above grade, the property offers substantial rental income, currently generating $10,500 per month. Recent renovations in 2021 encompassed updated kitchens, bathrooms, and flooring throughout all three units, ensuring modern appeal and minimizing maintenance needs. The building also features two newer furnaces, enhancing efficiency and reducing operational costs. Situated conveniently between the Geneva and Field's Corner T stops, the property benefits from excellent public transportation access. While there is currently no driveway access to the rear parking lot due to ongoing construction of a neighboring 35-unit development that has altered the egress, the property's strong rental income and recent upgrades make it a highly attractive investment. There is an opportunity to assume an existing mortgage at a favorable 2.4% interest rate (FHA owner-occupants only). This property is surrounded by new developments and building improvements, indicating a strong and growing neighborhood. Located at 34 Bowdoin Street, Boston, MA 02121, this multifamily property is priced at $1,300,000 and offers a promising return on investment for discerning buyers.