A Must-See Opportunity! Looking for a fantastic investment or a perfect place to call home? This spacious 3-family in Dorchester is ready for its next owner! Remodeled in 2019, this property offers three large 3+ bedroom, 1-bath units, each with plenty of potential. Move-in Ready 1st Floor – Featuring-hardwood floors, granite countertops, central AC/heat, and an in-unit washer/dryer. Opportunity Awaits on the 2nd & 3rd Floors – Updated units that just need a little TLC to shine! Major upgrades done– new roof, updated plumbing & electrical, a brand-new sprinkler system, and hardwired smoke detectors. Each unit has its own HVAC & laundry room in unit. Enjoy front and back porches plus a cozy backyard—perfect for relaxing or entertaining! Bonus Potential– A huge walk-out basement offers the possibility of an ADU or remain as extra storage space. All units will be delivered vacant—move right in or rent them out immediately! With amazing rental income potential, this one won’t last long!
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Last Updated: March 31st, 2025 at 6:48pm
Gross Income: $115,200
Gross Expenses: $15,357
Net Income Calc: $99,843
CAP Rate: 8.25%
Beach Front
Annual Expenses for 247 Harvard St, Boston MA 02124
Total Gross Expenses (Calculated)$15,357/year
APOD AvailableNo
Heating$0
Electricity$0
Water$0
Gas$0
Insurance$0
Sewer$0
Trash Removal$0
Repair & Maintenance$0
Management$0
Miscellaneous$0
Real Estate Tax$15,357
Annual Income & Unit Breakdown for 247 Harvard St, Boston MA 02124
Total Gross Income (Calculated)$115,200
Unit 1
Rental Income3400
LeaseN
Bedrooms3
Bathrooms3 Full
Floor1
Levels in Unit1
HeatingYes
Rent Includes
Unit 2
Rental Income3200
LeaseN
Bedrooms3
Bathrooms3 Full
Floor2
Levels in Unit1
HeatingYes
Rent Includes
Unit 3
Rental Income3000
LeaseN
Bedrooms3
Bathrooms3 Full
Floor3
Levels in Unit1
HeatingYes
Rent Includes
General Information for 247 Harvard St, Boston MA 02124
Listing ID73351532
Property TypeMulti Family / 3 Family
Price$1,210,000 ($280.87/SqFt)
Style
CityBoston
CountySuffolk
MLS AreaDorchester's Dorchester Center
Neighborhood(s)
Approximate Living Area Total4,308 SqFt
Approximate Lot Size (Acres)0.1 acres
Total Parking0
Garage Parking
Year Built1905
Year Built SourcePublic Records
Year RenovatedN/A
Year Built DetailsActual,Renovated Since
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot Features
Foundation Area
Foundation DescriptionStone
Accessible Features1
Outdoor SpacePorch
ZoningR3
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront FeaturesBeach Front
Energy FeaturesInsulated Windows
Terms
Interior Features for 247 Harvard St, Boston MA 02124
Disclosures for 247 Harvard St, Boston MA 02124
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosurebuyer and buyer agent to confirm all measurements
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$115,200
Total Net Income By Broker$115,200
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Location Information for 247 Harvard St, Boston MA 02124
Elementary SchoolLee School
Middle SchoolLee / Greenwood
High SchoolTech Boston
Neighborhood(s)
MLS AreaDorchester's Dorchester Center
Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Public School, Shopping, Golf, Park, Laundromat, Public Transportation, T-station, Pool, Tennis Court(s)
Contact Information for 247 Harvard St, Boston MA 02124