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31 Bullard St, Boston MA 02121

$1,199,000

Estimated $18,526.86/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $399,666.67

Total Rent: 113952/year

Estimated CAP Rate: 7.99%

9 Bedrooms

3 Full Baths

0 Parking Spots

0.09 acres

This turnkey 3-unit multifamily in Dorchester is a high-income, low-maintenance investment opportunity you don’t want to miss! With strong rental income, this property is perfect for investors or owner-occupants looking to offset their mortgage. Unit 1 offers 3 bedrooms, Unit 2 has 4 bedrooms, and Unit 3 features 2 bedrooms, providing excellent tenant appeal. Major updates include a new roof and siding (2020) and full unit renovations (2021), featuring newer HVAC (2022), new water heaters (2023), updated electrical (2023), a new plumbing water line, and energy-efficient windows. This property is truly turnkey, minimizing maintenance costs while maximizing cash flow. Whether you're looking for a steady income stream or a multigenerational living setup, this property is built for long-term success. Located in a strong rental market, it’s a great addition to any portfolio and is priced to sell. Don’t miss out on this incredible opportunity.

This home has been viewed 25 times

Last Updated: March 17th, 2025 at 4:43am

Gross Income: $113,952

Gross Expenses: $18,139

Net Income Calc: $95,813

CAP Rate: 7.99%

Annual Expenses for 31 Bullard St, Boston MA 02121

Total Gross Expenses (Calculated)$18,139/year

APOD AvailableNo

Heating$0

Electricity$0

Water$3,000

Gas$3,000

Insurance$4,000

Sewer$3,000

Trash Removal$0

Repair & Maintenance$0

Management$0

Miscellaneous$0

Real Estate Tax$11,139

Annual Income & Unit Breakdown for 31 Bullard St, Boston MA 02121

Total Gross Income (Calculated)$113,952

Unit 1

Rental Income3300

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water)

Unit 2

Rental Income3496

LeaseN

Bedrooms4

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water)

Unit 3

Rental Income2700

Lease

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit0

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water)

General Information for 31 Bullard St, Boston MA 02121

Listing ID73344305

Property TypeMulti Family / 3 Family

Price$1,199,000 ($302.02/SqFt)

Style

CityBoston

CountySuffolk

MLS AreaDorchester's Mount Bowdoin

Neighborhood(s)

Approximate Living Area Total3,970 SqFt

Approximate Lot Size (Acres)0.09 acres

Total Parking0

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year RenovatedN/A

Year Built DetailsActual,Renovated Since

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot Features

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor SpaceEnclosed

ZoningR3

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy FeaturesScreens, Insulated Windows

Terms

Interior Features for 31 Bullard St, Boston MA 02121

Disclosures for 31 Bullard St, Boston MA 02121

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceOwner

Total Gross Expenses By Broker$18,139

Total Gross Income By Broker$113,952

Total Net Income By Broker$95,813

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnGross/full Sale Price

Location Information for 31 Bullard St, Boston MA 02121

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaDorchester's Mount Bowdoin

Area AmenitiesPublic School, Shopping, Laundromat, Public Transportation, T-station

Contact Information for 31 Bullard St, Boston MA 02121

Agent

Name: The Sarkis Team

MLS ID: TM328399

Office ID: AN8041

Phone: 617-875-4950

Office

Name: Douglas Elliman Real Estate - The Sarkis Team

MLS Office ID: AN8041

Phone: 781-603-8702

Team Members

Name: Johnny Hatem Jr

MLS ID: CN239374

Office ID: AN8041

National Association ID: 448016090

Phone: 508-524-3634

Address: 187 Carin Ridge Road

City: East Falmouth

State: MA

Zip: 02536

Payment Calculator

, Interest

Property Taxes $11,139

Principal & Interest 7387.86

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Douglas Elliman Real Estate - The Sarkis Team

The Sarkis Team

Agent Phone

(617) 875-4950

Office Phone

(781) 603-8702

Text Agent Call Agent Call Office

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                    [type] => number
                    [name] => NO_UNITS
                    [value] => 3
                )

[field_3121] => Array
                (
                    [field_id] => 3121
                    [type] => number
                    [name] => RENT2
                    [value] => 3496
                )

[field_3122] => Array
                (
                    [field_id] => 3122
                    [type] => number
                    [name] => RENT3
                    [value] => 2700
                )

[field_3126] => Array
                (
                    [field_id] => 3126
                    [type] => number
                    [name] => TOTAL_RENT
                    [value] => 9496
                )

[field_3134] => Array
                (
                    [field_id] => 3134
                    [type] => select
                    [name] => SQUARE_FEET_INCL_BASE
                    [value] => No
                )

[field_3140] => Array
                (
                    [field_id] => 3140
                    [type] => text
                    [name] => SEWAGE_DISTRICT
                    [value] => BWSC
                )

[field_3164] => Array
                (
                    [field_id] => 3164
                    [type] => boolean
                    [name] => AvailableNow
                    [value] => No
                )

[f_3166] => Array
                (
                    [field_id] => 3166
                    [type] => feature
                    [name] => RENT_FEE_INCLUDES
                    [values] => Array
                        (
                            [0] => Unit 1(water)
                            [1] => Unit 2(water)
                        )

)

[field_3168] => Array
                (
                    [field_id] => 3168
                    [type] => price
                    [name] => SEC_DEPOSIT
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3171] => Array
                (
                    [field_id] => 3171
                    [type] => text
                    [name] => Office Phone
                    [value] => 781-603-8702
                )

[field_3172] => Array
                (
                    [field_id] => 3172
                    [type] => text
                    [name] => Agent Phone
                    [value] => 617-875-4950
                )

[field_3178] => Array
                (
                    [field_id] => 3178
                    [type] => boolean
                    [name] => AdditionalParcelsYN
                    [value] => No
                )

[field_3182] => Array
                (
                    [field_id] => 3182
                    [type] => select
                    [name] => BuildingAreaSource
                    [value] => Public Records
                )

[field_3183] => Array
                (
                    [field_id] => 3183
                    [type] => number
                    [name] => BuildingAreaTotal
                    [value] => 3970
                )

[field_3184] => Array
                (
                    [field_id] => 3184
                    [type] => select
                    [name] => BuildingAreaUnits
                    [value] => Square Feet
                )

[f_3188] => Array
                (
                    [field_id] => 3188
                    [type] => feature
                    [name] => CommunityFeatures
                    [values] => Array
                        (
                            [0] => Public School
                            [1] => Shopping
                            [2] => Laundromat
                            [3] => Public Transportation
                            [4] => T-station
                        )

)

[field_3189] => Array
                (
                    [field_id] => 3189
                    [type] => price
                    [name] => ConcessionsAmount
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[f_3190] => Array
                (
                    [field_id] => 3190
                    [type] => feature
                    [name] => ConstructionMaterials
                    [values] => Array
                        (
                            [0] => Frame
                        )

)

[field_3192] => Array
                (
                    [field_id] => 3192
                    [type] => number
                    [name] => ParkingTotal
                    [value] => 0
                )

[field_3193] => Array
                (
                    [field_id] => 3193
                    [type] => number
                    [name] => CoveredSpaces
                    [value] => 0
                )

[field_3200] => Array
                (
                    [field_id] => 3200
                    [type] => price
                    [name] => ElectricExpense
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3205] => Array
                (
                    [field_id] => 3205
                    [type] => date
                    [name] => ExpirationDate
                    [value] => 01/01/1900
                )

[field_3206] => Array
                (
                    [field_id] => 3206
                    [type] => select
                    [name] => FarmLandAreaUnits
                    [value] => Square Feet
                )

[f_3207] => Array
                (
                    [field_id] => 3207
                    [type] => feature
                    [name] => FinancialDataSource
                    [values] => Array
                        (
                            [0] => Owner
                        )

)

[field_3208] => Array
                (
                    [field_id] => 3208
                    [type] => select
                    [name] => FireplaceYN
                    [value] => 1
                )

[field_3209] => Array
                (
                    [field_id] => 3209
                    [type] => text
                    [name] => FoundationDetails
                    [value] => Stone
                )

[field_3211] => Array
                (
                    [field_id] => 3211
                    [type] => number
                    [name] => GarageSpaces
                    [value] => 0
                )

[field_3216] => Array
                (
                    [field_id] => 3216
                    [type] => price
                    [name] => GrossIncome
                    [raw] => 113952
                    [unit_id] => 260
                    [value] => $113,952
                    [price_only] => $113,952
                )

[field_3217] => Array
                (
                    [field_id] => 3217
                    [type] => select
                    [name] => HeatingYN
                    [value] => 1
                )

[field_3219] => Array
                (
                    [field_id] => 3219
                    [type] => select
                    [name] => HorseYN
                    [value] => 1
                )

[field_3220] => Array
                (
                    [field_id] => 3220
                    [type] => price
                    [name] => InsuranceExpense
                    [raw] => 4000
                    [unit_id] => 260
                    [value] => $4,000
                    [price_only] => $4,000
                )

[field_3222] => Array
                (
                    [field_id] => 3222
                    [type] => text
                    [name] => ListingAgreement
                    [value] => Exclusive Right To Sell
                )

[field_3223] => Array
                (
                    [field_id] => 3223
                    [type] => date
                    [name] => ListingContractDate
                    [value] => 12/03/2025
                )

[field_3226] => Array
                (
                    [field_id] => 3226
                    [type] => area
                    [name] => LotSizeSquareFeet
                    [value] => 4,026 Sqft
                    [raw] => 4026
                    [unit_id] => 1
                )

[field_3230] => Array
                (
                    [field_id] => 3230
                    [type] => price
                    [name] => OperatingExpense
                    [raw] => 18139
                    [unit_id] => 260
                    [value] => $18,139
                    [price_only] => $18,139
                )

[field_3231] => Array
                (
                    [field_id] => 3231
                    [type] => price
                    [name] => OriginalListPrice
                    [raw] => 1199000
                    [unit_id] => 260
                    [value] => $1,199,000
                    [price_only] => $1,199,000
                )

[field_3234] => Array
                (
                    [field_id] => 3234
                    [type] => textarea
                    [name] => PrivateOfficeRemarks
                    [value] => Please contact Johnny - Johnny.HatemJr@elliman.com
                )

[field_3240] => Array
                (
                    [field_id] => 3240
                    [type] => text
                    [name] => UnparsedAddress
                    [value] => 31 Bullard St, Boston MA 02121
                )

[field_3241] => Array
                (
                    [field_id] => 3241
                    [type] => price
                    [name] => WaterSewerExpense
                    [raw] => 3000
                    [unit_id] => 260
                    [value] => $3,000
                    [price_only] => $3,000
                )

[field_3243] => Array
                (
                    [field_id] => 3243
                    [type] => text
                    [name] => YearBuiltDetails
                    [value] => Actual,Renovated Since
                )

[field_3245] => Array
                (
                    [field_id] => 3245
                    [type] => text
                    [name] => YearBuiltSource
                    [value] => Public Records
                )

[field_3248] => Array
                (
                    [field_id] => 3248
                    [type] => datetime
                    [name] => OriginalEntryTimestamp
                    [value] => 12/03/2025 13:49:00
                )

[field_3253] => Array
                (
                    [field_id] => 3253
                    [type] => number
                    [name] => MLSPIN_BEDRMS_1
                    [value] => 3
                )

[field_3254] => Array
                (
                    [field_id] => 3254
                    [type] => number
                    [name] => MLSPIN_BEDRMS_2
                    [value] => 4
                )

[field_3255] => Array
                (
                    [field_id] => 3255
                    [type] => number
                    [name] => MLSPIN_BEDRMS_3
                    [value] => 2
                )

[field_3260] => Array
                (
                    [field_id] => 3260
                    [type] => text
                    [name] => MLSPIN_DISCLOSURE
                    [value] => N
                )

[field_3261] => Array
                (
                    [field_id] => 3261
                    [type] => number
                    [name] => MLSPIN_F_BTHS_1
                    [value] => 1
                )

[field_3262] => Array
                (
                    [field_id] => 3262
                    [type] => number
                    [name] => MLSPIN_F_BTHS_2
                    [value] => 1
                )

[field_3263] => Array
                (
                    [field_id] => 3263
                    [type] => number
                    [name] => MLSPIN_F_BTHS_3
                    [value] => 1
                )

[field_3265] => Array
                (
                    [field_id] => 3265
                    [type] => price
                    [name] => MLSPIN_GRE
                    [raw] => 18139
                    [unit_id] => 260
                    [value] => $18,139
                    [price_only] => $18,139
                )

[field_3266] => Array
                (
                    [field_id] => 3266
                    [type] => price
                    [name] => MLSPIN_HTE
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3267] => Array
                (
                    [field_id] => 3267
                    [type] => number
                    [name] => MLSPIN_H_BTHS_1
                    [value] => 0
                )

[field_3268] => Array
                (
                    [field_id] => 3268
                    [type] => number
                    [name] => MLSPIN_H_BTHS_2
                    [value] => 0
                )

[field_3269] => Array
                (
                    [field_id] => 3269
                    [type] => number
                    [name] => MLSPIN_H_BTHS_3
                    [value] => 0
                )

[field_3273] => Array
                (
                    [field_id] => 3273
                    [type] => number
                    [name] => MLSPIN_LEVELS_1
                    [value] => 1
                )

[field_3274] => Array
                (
                    [field_id] => 3274
                    [type] => number
                    [name] => MLSPIN_LEVELS_2
                    [value] => 1
                )

[field_3275] => Array
                (
                    [field_id] => 3275
                    [type] => number
                    [name] => MLSPIN_LEVELS_3
                    [value] => 0
                )

[field_3277] => Array
                (
                    [field_id] => 3277
                    [type] => text
                    [name] => MLSPIN_MAIN_LO
                    [value] => AN4282
                )

[field_3280] => Array
                (
                    [field_id] => 3280
                    [type] => number
                    [name] => MLSPIN_MARKET_TIME_PROPERTY
                    [value] => 4
                )

[field_3281] => Array
                (
                    [field_id] => 3281
                    [type] => price
                    [name] => MLSPIN_MGF
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3282] => Array
                (
                    [field_id] => 3282
                    [type] => price
                    [name] => MLSPIN_MSE
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3284] => Array
                (
                    [field_id] => 3284
                    [type] => number
                    [name] => MLSPIN_OH_FLAG
                    [value] => 1
                )

[field_3285] => Array
                (
                    [field_id] => 3285
                    [type] => price
                    [name] => MLSPIN_OPTIONAL_FEE
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3290] => Array
                (
                    [field_id] => 3290
                    [type] => price
                    [name] => MLSPIN_PRICE_PER_SQFT
                    [raw] => 302.02
                    [unit_id] => 260
                    [value] => $302
                    [price_only] => $302
                )

[field_3292] => Array
                (
                    [field_id] => 3292
                    [type] => price
                    [name] => MLSPIN_RFS
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3293] => Array
                (
                    [field_id] => 3293
                    [type] => price
                    [name] => MLSPIN_RME
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3296] => Array
                (
                    [field_id] => 3296
                    [type] => select
                    [name] => OpenParkingYN
                    [value] => 1
                )

[field_3301] => Array
                (
                    [field_id] => 3301
                    [type] => select
                    [name] => RoomMasterBathroomFeatures
                    [value] => Yes
                )

[field_3303] => Array
                (
                    [field_id] => 3303
                    [type] => text
                    [name] => Co Agent Info
                    [value] => [{"id":"CN239374","name":"Johnny Hatem Jr","phone"
                )

[field_3306] => Array
                (
                    [field_id] => 3306
                    [type] => price
                    [name] => GrossScheduledIncome
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3307] => Array
                (
                    [field_id] => 3307
                    [type] => number
                    [name] => MLSPIN_FLRS_1
                    [value] => 1
                )

[field_3308] => Array
                (
                    [field_id] => 3308
                    [type] => number
                    [name] => MLSPIN_FLRS_2
                    [value] => 2
                )

[field_3309] => Array
                (
                    [field_id] => 3309
                    [type] => number
                    [name] => MLSPIN_FLRS_3
                    [value] => 3
                )

[field_3311] => Array
                (
                    [field_id] => 3311
                    [type] => number
                    [name] => BRE_Total_Parking
                    [value] => 0
                )

[f_3313] => Array
                (
                    [field_id] => 3313
                    [type] => feature
                    [name] => WindowFeatures
                    [values] => Array
                        (
                            [0] => Screens
                            [1] => Insulated Windows
                        )

)

[f_3319] => Array
                (
                    [field_id] => 3319
                    [type] => feature
                    [name] => PatioAndPorchFeatures
                    [values] => Array
                        (
                            [0] => Enclosed
                        )

)

[field_3320] => Array
                (
                    [field_id] => 3320
                    [type] => boolean
                    [name] => Waterfront
                    [value] => No
                )

)

[unit_level] => 
    [levels_in_unit] => 2025-03-12
    [construction_status] => 
    [laundry_features] => Array
        (
        )

[outdoor_space_available] => Array
        (
        )

[building_name] => 
    [pet_policy] => Array
        (
        )

[building_management] => Array
        (
        )

[number_of_units] => 3
    [units_owner_occupied] => 0
    [parking_features] => Array
        (
        )

[building_amenities] => Array
        (
        )

[owner_occupancy_source] => 
    [documents_available] => Array
        (
        )

[optional_price] => 0
    [optional_fee_includes] => Array
        (
        )

[structure_type] => Array
        (
        )

[complex_complete] => Array
        (
        )

[available_date] => 
    [available_now] => Yes
    [date_available_note] => 
    [first_month_required] => Array
        (
        )

[last_month_required] => Array
        (
        )

[deposit_required] => Array
        (
        )

[deposit_amount] => Array
        (
            [0] => $0
        )

[insurance_required] => Array
        (
        )

[references_required] => Array
        (
        )

[rent_includes] => Array
        (
            [0] => Unit 1(water)
            [1] => Unit 2(water)
        )

[lease_term] => Array
        (
        )

[interior_features] => Array
        (
        )

[entry_level] => Array
        (
        )

[cooperating_agent_commission] => Array
        (
        )

[property_sub_type] => Array
        (
            [0] => 3 Family
        )

[number_of_lots] => Array
        (
        )

[gas] => Array
        (
        )

[cultivation_acres] => None
    [pasture_area] => None
    [timber_acres] => None
    [perc_test] => Array
        (
        )

[perc_test_date] => Unknown
    [association_required] => Array
        (
        )

[view] => Array
        (
        )

[deqe] => 
    [real_estate_tax] => $11,139
    [total_gross_income] => 113952
    [total_gross_expense] => 18139
    [net_income_calc] => 95813
    [cap_rate] => 7.99%
    [apod_available] => Array
        (
            [0] => No
        )

[heating_expense] => Array
        (
            [0] => $0
        )

[electric_expense] => Array
        (
            [0] => $0
        )

[water_expense] => Array
        (
            [0] => $3,000
        )

[gas_expense] => Array
        (
            [0] => $3,000
        )

[insurance_expense] => Array
        (
            [0] => $4,000
        )

[sewer_expense] => Array
        (
            [0] => $3,000
        )

[trash_expense] => Array
        (
            [0] => $0
        )

[repair_maintenance_expense] => Array
        (
            [0] => $0
        )

[management_expense] => Array
        (
            [0] => $0
        )

[miscellaneuos_expense] => Array
        (
            [0] => $0
        )

[unit_1_rent] => Array
        (
            [0] => 3300
        )

[unit_1_lease] => Array
        (
            [0] => N
        )

[unit_1_bedrooms] => 3
    [unit_1_bathrooms] => 1 Full
    [unit_1_floor] => 1
    [unit_1_levels] => 1
    [unit_2_rent] => Array
        (
            [0] => 3496
        )

[unit_2_lease] => Array
        (
            [0] => N
        )

[unit_2_bedrooms] => 4
    [unit_2_bathrooms] => 1 Full
    [unit_2_floor] => 2
    [unit_2_levels] => 1
    [unit_3_rent] => Array
        (
            [0] => 2700
        )

[unit_3_lease] => Array
        (
        )

[unit_3_bedrooms] => 2
    [unit_3_bathrooms] => 1 Full
    [unit_3_floor] => 3
    [unit_3_levels] => 0
    [unit_4_rent] => Array
        (
        )

[unit_4_lease] => Array
        (
        )

[unit_4_bedrooms] => 
    [unit_4_bathrooms] => 
    [unit_4_floor] => 
    [unit_4_levels] => 
    [hot_water] => Array
        (
        )

[basement] => Array
        (
        )

[foundation_materials] => Array
        (
            [0] => Stone
        )

[patio_and_porch] => Array
        (
            [0] => Enclosed
        )

[zoning_details] => 
    [terms] => Array
        (
        )

[financial_data_source] => Array
        (
            [0] => Owner
        )

[operating_expense] => Array
        (
            [0] => $18,139
        )

[gross_income] => Array
        (
            [0] => $113,952
        )

[net_operating_income] => Array
        (
            [0] => $95,813
        )

[short_sale] => 
    [price_per_unit] => 399666.66666667
)

EXIT

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Active

31 Bullard St, Boston MA 02121

$1,199,000

Annual Expenses for 31 Bullard St, Boston MA 02121

Annual Income & Unit Breakdown for 31 Bullard St, Boston MA 02121

General Information for 31 Bullard St, Boston MA 02121

Interior Features for 31 Bullard St, Boston MA 02121

Disclosures for 31 Bullard St, Boston MA 02121

Location Information for 31 Bullard St, Boston MA 02121

Contact Information for 31 Bullard St, Boston MA 02121

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