Located in Dorchester's highly sought after Savin Hill neighborhood, this 2021 gut renovated classic triple decker offers a turnkey opportunity for the most discerning investor. Each of the 3 units boasts three bedrooms, 1 bathroom and include in-unit laundry, 2 private outdoor spaces, central air, hardwood floors throughout and private storage in basement. Kitchens offer stainless steel appliances, quartz counters, dishwashers & beautifully designed cabinetry. Bathrooms have been tastefully renovated with designer fixtures. This property is fully tenanted through August 31, 2025. Located moments from Red line T station at Savin Hill, shops/restaurants, Malibu Beach and universities with easy access to I-93/90 the Airport, and the best Boston has to offer. Full proforma available by request
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Last Updated: March 19th, 2025 at 6:38am
Gross Income: $122,400
Gross Expenses: $21,168
Net Income Calc: $101,232
CAP Rate: 5.07%
Beach Front
Annual Expenses for 16 Hallam St, Boston MA 02125
Total Gross Expenses (Calculated)$21,168/year
APOD AvailableYes
Heating$0
Electricity$210
Water$1,016
Gas$1,016
Insurance$4,900
Sewer$1,016
Trash Removal$0
Repair & Maintenance$0
Management$0
Miscellaneous$0
Real Estate Tax$15,042
Annual Income & Unit Breakdown for 16 Hallam St, Boston MA 02125
Total Gross Income (Calculated)$122,400
Unit 1
Rental Income3400
LeaseY
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income3350
LeaseY
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income3450
LeaseY
Bedrooms3
Bathrooms1 Full
Floor3
Levels in Unit0
HeatingNo
Rent Includes
General Information for 16 Hallam St, Boston MA 02125
Listing ID73341314
Property TypeMulti Family / 3 Family
Price$1,995,000 ($568.38/SqFt)
Style
CityBoston
CountySuffolk
MLS AreaDorchester's Savin Hill
Neighborhood(s)
Approximate Living Area Total3,510 SqFt
Approximate Lot Size (Acres)0.05 acres
Total Parking0
Garage Parking
Year Built1905
Year Built SourcePublic Records
Year RenovatedN/A
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesOther
Foundation Area
Foundation DescriptionConcrete Perimeter
Accessible Features
Outdoor SpaceDeck
ZoningR3
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront FeaturesBeach Front, 1/2 To 1 Mile To Beach
Energy Features
Terms
Interior Features for 16 Hallam St, Boston MA 02125
Disclosures for 16 Hallam St, Boston MA 02125
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$6,126
Total Gross Income By Broker$121,800
Total Net Income By Broker$115,674
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Location Information for 16 Hallam St, Boston MA 02125
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaDorchester's Savin Hill
Area AmenitiesWalk/jog Trails, Highway Access, Shopping, Park, Public Transportation, T-station
Contact Information for 16 Hallam St, Boston MA 02125