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$799,000
Total Beds: 6 Total Baths: 3
Total Units: 2 SQFT: 2141
LOT size: 0.07 Acres
4 Rand Pl
Boston, MA 02125
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Property Description

Well-positioned two-family investment opportunity offering strong in-place cash flow on a quiet Dorchester side street. Fully gut-renovated prior to current ownership in 2015 and well maintained since, the property features modern systems, durable finishes, and minimal deferred maintenance. The building offers approximately 2,141 SF across two units with a total of 6 bedrooms and 3 bathrooms. Unit mix includes one 4-bedroom/2-bath unit and one 2-bedroom/1-bath unit. Current rents total $6,335/month ($76,020 annually), producing an estimated NOI of $60,760 and an attractive ~7.6% cap rate at the $799,000 asking price. Landlord responsibilities are limited to common electric, water/sewer, insurance, taxes, and routine maintenance. Strong income, updated condition, and consistent rental demand make this a stable long-term hold. First group showing: Saturday, January 24th, 11:30 AM–1:00 PM. Offer deadline Tuesday, January 27th at 12:00 PM (Make offer good until 1/27/25 4 PM)

Property Details

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 6
  • Total Full Baths: 3
  • Amenities: Bike Path, Highway Access, House of Worship, Laundromat, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, T-Station, University, Walk/Jog Trails
  • Basement Features: Finished, Interior Access, Other (See Remarks), Walk Out
  • Common Interior Features: Tile Floor

Financial

  • APOD Available: No
  • Expenses Source: Estimated, Owner Provided, Pro. Forma Available
  • Gross Operating Income: 76020
  • Gross Expenses: 15260
  • Electric Expenses: 360
  • Water/Sewer: 2400
  • INSC: 2500
  • Repairs & Maintenance: 3000
  • Net Operating Income: 60760

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 2

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1896
  • Construction Type: Aluminum, Frame
  • Foundation Info: Brick
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Tile
  • Lead Paint: None, Unknown
  • Warranty: No

Other Information

  • MLS ID# 73470515
  • Last Updated: 01/25/26

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Map

Seller's Representative: Prospect Boston Team, Efron Property Group, LLC
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-01-25 03:06:00