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Fully renovated, fully leased, and positioned in the heart of Savin Hill, this three-family offers investors the rare combination of strong in-place income, modern condition, and long-term upside. Renovated in 2021, the property features three spacious 3-bedroom, 2-bath residences with hardwood floors, shaker-style cabinetry, stainless steel appliances, central air conditioning, private rear decks, and separate laundry in the basement. All three units are leased through August 31, 2027, generating current gross rents of $11,650 per month and $139k annually. The pro forma projects gross rents increasing to $146,790 for the 2027-2028 rental cycle, with a projected 7.0% cap rate at rent stabilization. The location further strengthens the investment story, with convenient access to the JFK/UMass Red Line station, UMass Boston, Carson Beach, South Bay, and the continued development of Columbia Point. With easy access to Downtown Boston, the Seaport, major highways, neighborhood restaurants, parks, and the waterfront, this is a compelling opportunity to acquire a stabilized, income-producing asset in one of Dorchester's most dynamic and well-connected neighborhoods.

Property Details of 24 Buttonwood Street, Dorchester's Savin Hill

Property Details

Interior Features

Exterior Features

Utilities and Appliances

Community

Nearest Landvest Office

Boston, MA - Newbury Street

Boston, MA - Newbury Street

292 Newbury St.,
Boston, MA 02115

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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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