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$1,199,000
Total Beds: 9 Total Baths: 3
Total Units: 3 SQFT: 3970
LOT size: 0.09 Acres
31 Bullard St
Boston, MA 02121
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Property Description

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.

Property Details

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 9
  • Total Full Baths: 3
  • Total Fireplaces: 1
  • Amenities: Laundromat, Public School, Public Transportation, Shopping, T-Station
  • Basement Features: Full, Walk Out
  • Common Rooms: Kitchen, Living Room, Office/Den
  • Common Interior Features: Bathroom With Tub & Shower, Stone/Granite/Solid Counters, Tile Floor, Upgraded Countertops
  • Common Appliances: Range, Refrigerator, Wall Oven, Washer & Dryer Hookup
  • Common Heating: Central Heat, Electric, Forced Air, Oil
  • Common Cooling: None

Financial

  • APOD Available: No
  • Expenses Source: Owner Provided
  • Gross Operating Income: 113952
  • Gross Expenses: 18139
  • Water/Sewer: 3000
  • INSC: 4000
  • Net Operating Income: 95813

Utilities

  • Energy Features: Insulated Windows
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private
  • Sewer District: BWSC

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Floors: 3

Construction

  • Year Built: 1900
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Tile
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73344305
  • Last Updated: 03/12/25

Mortgage Calculator

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Map

Seller's Representative: The Sarkis Team, Douglas Elliman Real Estate - The Sarkis Team
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: Gross/Full Sale Price
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2025-03-12 09:49:00

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