In-Person: 09/25 1:30 PM - 2:30 PM
24 Buttonwood Street,Boston, MA 02125
Boston, MA 02125
Description
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.
Details
| MLS # | 73577184 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1920 |
| Days On Site | 9 |
| Listing Provided By | Compass | Mission Realty Advisors |
Features
| Bed(s) | 9 |
|---|---|
| Bath(s) | 6 Total |
| SQ Feet | 3,396 |
| Basement | Y |
| Story(s) | 3 |
| Units | 3 |
| Zoning | 0105 |
| Acreage | 0.05 |
| Water Front | Yes |
Interior
| Rooms Total | 15 |
|---|---|
| Cooling Yes / No | Yes |
| Cooling | Central Air |
| Heating Yes / No | Yes |
| Heating | Forced Air, Natural Gas |
| Interior Features | Storage, Stone/Granite/Solid Counters, Upgraded Cabinets, Upgraded Countertops, Bathroom with Shower Stall, Open Floorplan, Remodeled, Kitchen, Living RM/Dining RM Combo |
| Window Features | Insulated Windows |
| Appliances | Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer |
| Fireplaces Total | 0 |
| Fireplace Yes / No | No |
| Flooring | Wood, Tile, Hardwood |
Exterior
| Exterior Features | Balcony/Deck |
|---|---|
| Roof | Rubber |
| Construction Materials | Frame, Stone |
| Foundation Details | Stone |
| Lot Features | Gentle Sloping |
| Fencing | Fenced/Enclosed |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | On Street |
| Open Parking Yes / No | Yes |
Utilities
| Utilities | for Gas Range, for Gas Oven, for Electric Dryer |
|---|---|
| Sewer | Public Sewer |
| Electric | 200+ Amp Service |
Taxes
| Tax Annual Amount | 14087.12 |
|---|---|
| Tax Assessed Value | 1125800 |
| Tax Year | 2027 |
Location
| Community Features | Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, Public School, T-Station, University |
|---|---|
| Senior Community Yes / No | No |
Area Information
| State | MA |
|---|---|
| County | Suffolk |
| City | Boston |
| Zip Code | 02125 |
| Area | Dorchester's Savin Hill |
| Listing VS Median (in 02125) | |
Price: $1,800,000 low | high Med: $3,700 sqft: 3,396 low | high Med: 1,086 $ / sqft: $530 low | high Med: $3 On site: 9 low | high Med: 71 | |
Market Activity 02125
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Learn More About This Property
| Open House |
|---|
| In-Person 09/25 1:30 PM - 2:30 PM |
| State | MA |
|---|---|
| County | Suffolk |
| City | Boston |
| Zip Code | 02125 |
| Area | Dorchester's Savin Hill |
| Listing VS Median (in 02125) | |
Price: $1,800,000 low | high Med: $3,700 sqft: 3,396 low | high Med: 1,086 $ / sqft: $530 low | high Med: $3 On site: 9 low | high Med: 71 | |
 | $1,225,00017 ButtonwoodBoston, MA 02125 |
 | $1,225,00017 ButtonwoodBoston, MA 02125 |