Dorchester Investment or Future Condo Conversion For Sale

FOR SALE – $1,180,000.
Property is located on Greenwood Street, Dorchester, MA 02121

Sweet investment opportunity in an emerging condo market within walking distance to public transportation!
Professionally managed three unit building with large apartments in good condition with strong, solid rents.
$131,000+- annual rental income (based on $10,910/month rental income effective as May 1, 2025 if fully rented.) 
Lead paint compliance certificates were issued in 2011.

All apartments have TWO BATHROOMS and off-street parking is available on site for 4 to 6 cars.
Leases require 30 days notice to vacate, per building manager.
Photos are of apartment 2. 

Hardwood floors, gas stoves, gas heat and rear porches. 

Apartment 1:
3 bedrooms, 2 baths – $3,380 + utilities (sec.8) long term tenant
Basement laundry

Apartment 2:
4 bedrooms – 2 baths – VACANT – $3,765 estimated rent + utilities
Basement laundry

Apartment 3:
4 bedrooms – 2 baths – $3,765 (sec.8) long term tenant
3rd floor apartment has laundry in apartment

ASSESSMENT:  $1,150,700. (fy 2025)
TAXES: $13,447 (fy 2025)  
LIVING AREA:  3,810 square feet, per assessor’s records
LOT SIZE:  5,370 square feet, per assessor’s records 

DISCLOSURES:
Buyer and/or agents to perform due diligence. Seller has never lived in property.
Rents quoted are effective May 1, 2025.
2nd floor rent estimated based on unit 3 rent. Listing may be updated and changed as info becomes available.
HVAC ducts on third floor are for heat, but no a.c.
Building appears to have been updated around 2011-2012, however, we do not know the exact ages of the roof and heating equipment.
No buyer agency compensation offered; buyer may or may not choose to include it in offer.
This listing sheet software tops out at 10 bedrooms but this property has 11 bedrooms.

Limited showings available. 
Email Kathy@GreaterBostonHomeTeam.com for showings

Please see the offer instructions page and cover sheet below.

BROKER’S DISCLOSURE:
The Listing agency and its agents represent the seller only in the sale of this property.
Information provided has been gathered from a variety of third-party sources; therefore, the accuracy of the information cannot be guaranteed , and it is subject to errors, omissions and prior sale. Prospective buyers should consider hiring a professional home inspector to inspect the property to their complete satisfaction and personally verify any and all information regarding the property and its surroundings that would affect their decision to purchase the property. We update our listings as we learn more about our property listings.
Please be sure to view the latest listing information prior to making an offer.

Agency Disclosure For Buyers

Lead Form + 3 Letters For Buyers

Offer Cover Sheet

This page was updated on April 17, 2025 @ 2:56pm

Property Details