238-240 Norfolk St, Boston, MA 02124

$2,650,000
17
BD
11
BA
8,162
SqFt

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Sold Price
$2,650,000
List Price
$2,700,000
Status
SOLD
MLS#
73415334
Bedrooms
17
Bathrooms
11
Full Baths
11
Living Area
8,162
Lot Size (Acres)
0.30000000000000004
Year Built
1900

Property Description

Some buildings check boxes. This one breaks the mold! Welcome to 238–240 Norfolk Street; a BRAND-NEW TROPHY 5-unit multi-family building in Boston’s booming Dorchester neighborhood. Over 8,000sqft of luxury living space across 5 units! (4) 3 Bed/2 Bath units & (1) 5 Bed/3 Bath! Spa- baths. High-end kitchens. Ceilings that make a statement. This is not your average investment building— it is a fully turnkey investment with every major system upgraded: new plumbing, electrical, central air, roof, & windows. With projected annual income over $250,000 & a cap rate nearing 8%, this asset blends beauty with balance sheet. With easy access to multiple transit lines & Downtown Boston, the property sits at the intersection of connection, culture, & capital. The property also can be financed as a separate 2 & 3 Fam! Whether you hold the asset, short-term rent,or condo-convert later — this is more than a building. It is a once-in-a-market moment in one of the city's fastest-moving neighborhood!

Additional Information

Area
Dorchester
Taxes
$12,968
Lot Description
Other
View
City View(s)
Water
Public
Sewer
Public Sewer
Middle School
Boston Latin Academy
High School
Boston Latin Academy

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Markese Daise from Listing Office: Stony Brook & Lennox Realty Advisors.

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