ANY SAVVY INVESTOR KNOWS THAT ACTUAL INCOME BEATS POSSIBLE INCOME EVERY DAY OF THE WEEK. WHILE THIS BUILDING GENERATES $3807 A MONTH ONLY $121 OF THAT OR 3.18% IS PAID BY THE TENANT (UNIT 3'S PORTION AND SHES NEVER BEEN LATE IN 5+ YEARS) SO YOU WALK INTO THIS BUILDING KNOWING THAT YOUR GROSS INCOME IS $3807 EVERY MONTH. ALL TENANTS PAY THEIR OWN UTILITIES AND UNIT 3 IS A SEC 8 TENANT WHILE UNITS 1 AND 2 ARE RENTED TO A GREAT NON PROFIT AND THIS BUILDING HAS ZERO MAINTENANCE REQUESTS OR ISSUES. SO NOT ONLY DO YOU KNOW THAT YOUR GETTING THE FULL $3807 EVERY MONTH BUT YOU ALSO CAN WALK IN KNOWING YOU WONT BE SPENDING BASICALLY ANY OF THAT ONB TENANT REQUESTED OR CAUSED MAINTENANCE RELATED REPAIRS. THIS ONE IS A NO BRAINER BECAUSE ITS AS RISK FREE AS AN INVESTMENT PROPERTY IN THIS AREA GETS, IT GENERATES WHAT IT GENERATES, NO SPECULATION OR FANCY FORMULAS NEEDED - $3807 A MONTH EVERY MONTH
Off market
$866,300
8 Coleman St, Dorchester, MA 02125
3beds
2,886sqft
MultiFamily
Built in 1900
-- sqft lot
$866,300 Zestimate®
$300/sqft
$3,425 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced air
Interior area
- Total interior livable area: 2,886 sqft
Property
Features
- Exterior features: Other
Lot
- Size: 1,742 sqft
Details
- Parcel number: DORCW15P02951S000
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1900
Community & neighborhood
Location
- Region: Dorchester
Other
Other facts
- BASEMENT_FEATURE: Full
- FOUNDATION: Other (See Remarks)
- HOW_SHOWN_BB: Other (See Special Showing Instructions)
- HOW_SHOWN_FB: Other (See Special Showing Instructions)
- MF_TYPE: 3 Family
- LOT_DESCRIPTION: Other (See Remarks)
Services availability
Get a cash offer in 3 minutes
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Estimated market value
$866,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$866,300