9 Hannon St - Hanon Street Apartments 16 Unit Apartment Building Offered at $5,875,000 at a 6.95% Cap Rate Boston, MA 02124

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 9 Hannon Street in Dorchester, MA (the “Property”). The four-story brick building contains fifteen (15) 2-Bedroom/1-Bathroom units and one (1) 1-Bedroom/1- Bathroom unit with 14,720 square feet of gross living area in 14,720 square feet of gross area. The Property is situated upon a 0.22-acre parcel and features over eight (8+) off-street parking spaces. The units, which feature luxury vinyl plank flooring, updated kitchens with granite counter tops and updated bathrooms with tile flooring and a tiled shower. The Property also offers an on-site laundry facility. Hannon Street Apartments offers the opportunity to acquire a well-maintained investment property with upside in an exceptional, urban-infill location. The subject property is ideal for a potential buyer looking for income growth and strong investment returns.
The Property is ideally situated in the Dorchester neighborhood of Boston, steps away from the Morton Street MBTA Commuter Rail Station, also providing residents with convenient access to the Red and Orange MBTA Commuter Rails. The property benefits from proximity to major transportation corridors including Interstate 93, Morrissey Boulevard, and Columbia Road, providing efficient connectivity to Downtown Boston, the Seaport District, Cambridge, and the greater metropolitan area.