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973 Blue Hill Ave 8 Unit Apartment Building Offered at $2,799,999 at a 7.57% Cap Rate Boston, MA 02124
Investment Highlights
- Fully Stabilized Asset
- Brick Construction
- Excellent Transit Access
- Immediate Cash Flow
- Prime Blue Hill Ave Location
- Walkability
Executive Summary
971–973 Blue Hill Ave presents a premier investment opportunity to acquire a stabilized, cash-flowing 8-unit multi-family asset in the heart of Dorchester. This fully occupied brick building consists of 13,240 square feet of Gross Building Area (GBA) and features a desirable unit mix ranging from 1-bedroom to spacious 4-bedroom layouts, totaling 20 bedrooms across the property. With all units currently rented at market rates, the property offers immediate and consistent income, making it an ideal "plug-and-play" addition for a savvy investor looking to scale their portfolio with confidence.
The building is well-maintained and situated on a 6,970 square foot lot along the high-demand Blue Hill Avenue corridor. Its strategic location provides excellent commuter access and a short commute to Downtown Boston, ensuring the property remains highly attractive to a broad tenant base seeking convenience and accessibility. This is a rare opportunity to secure a high-occupancy, income-producing asset in a supply-constrained rental market.
The building is well-maintained and situated on a 6,970 square foot lot along the high-demand Blue Hill Avenue corridor. Its strategic location provides excellent commuter access and a short commute to Downtown Boston, ensuring the property remains highly attractive to a broad tenant base seeking convenience and accessibility. This is a rare opportunity to secure a high-occupancy, income-producing asset in a supply-constrained rental market.
Property Facts
| Price | $2,799,999 | No. Units | 8 |
| Price Per Unit | $350,000 | Property Type | |
| Sale Type | Investment | Building Size | 9,980 SF |
| Cap Rate | 7.57% | No. Stories | 4 |
| Sale Conditions | Year Built | 1910 |
| Price | $2,799,999 |
| Price Per Unit | $350,000 |
| Sale Type | Investment |
| Cap Rate | 7.57% |
| Sale Conditions | |
| No. Units | 8 |
| Property Type | |
| Building Size | 9,980 SF |
| No. Stories | 4 |
| Year Built | 1910 |
Amenities
- Smoke Detector
Unit Amenities
- Heating
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Tub/Shower
- Basement
- Dining Room
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Moderately walkable
70/100
Moderately drivable
70/100
Good public transit
70/100
Moderately bikeable
60/100
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973 Blue Hill Ave
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