This brick 3 family with detached garage is in excellent shape and is both a cash cow, doing just under 65K a year in annual rental income, and a landlords dream as maintenance costs here are very low. All 3 units are leased to subsidized tenants and all units 2 and 3 are 3 beds with 1 bath and unit 1 is 2 beds with 1 bath and the building is fully de-leaded. Driveway leads to parking both inside and in front of the detached garage and the tenants pay all their own utilities. Of the $5410 in monthly rent only 7% is paid by the tenants, the rest comes directly from housing making the vacancy and credit lost calculation here a non factor. This property has it all, from the exterior material to the garage to the income and low expenses, don't hesitate with this one!!!
Off market
$1,046,400
10 Fernboro St, Dorchester, MA 02121
8beds
2,880sqft
MultiFamily
Built in 1890
-- sqft lot
$1,046,400 Zestimate®
$363/sqft
$3,653 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
 - Bathrooms: 3
 - Full bathrooms: 3
 
Heating
- Other, Electric
 
Interior area
- Total interior livable area: 2,880 sqft
 
Property
Parking
- Parking features: Garage - Detached
 
Features
- Exterior features: Brick
 
Lot
- Size: 2,178 sqft
 
Details
- Parcel number: DORCW14P00337S000
 
Construction
Type & style
- Home type: MultiFamily
 
Materials
- Roof: Other
 
Condition
- Year built: 1890
 
Community & neighborhood
Location
- Region: Dorchester
 
Other
Other facts
- Basement Feature: Full
 - Foundation: Other (see Remarks)
 - Mf Type: 3 Family
 - Lot Description: Other (see Remarks)
 
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Estimated market value
$1,046,400