Grove Property Group is pleased to present 142 Dorchester Street, an 18-unit stabilized multifamily asset in South Boston offered at a 6+ cap rate on in-place income.The property operates as a studio apartment building and is delivered fully stabilized and turnkey. All 18 units have been updated with modern kitchens, baths, and flooring. Common areas are modern throughout. The building is fully sprinklered and includes an additional driveway with 4 tandem parking spaces. Each unit is equipped with its own kitchen and bathroom (not shared), individual thermostat control for heat and AC — master HVAC is owner-paid. On-site laundry provides ancillary income.142 Dorchester Street represents one of the few opportunities to acquire scale in South Boston's supply-constrained multifamily market at a sub-$265,000 per-unit basis with no capital requirements to close!
| Units | 18 |
| Living area | 4,908 sqft |
| Lot size | 4,935 sqft |
| Year built | 1899 |
| Price / sqft | $968 |
| County | Suffolk |
| MLS # | 73531446 |
| Days on market | 0 days |
| Listed on | June 7, 2026 |
| Annual property tax | $10,518 |
| Tax year | 2026 |
| Assessed value | $840,000 |
| Zoning | A |
| Gross income (actual) | $49,200/yr |
| Net operating income (actual) | $49,200/yr |
| Total actual rent | $32,767/mo |
| Stories | 3 |
| Total rooms | 18 |
| Lot size | 0.11 acres |
| Garage spaces | 0 |
| Parking spaces | 4 |
| Foundation | Other |
| Sewer | Public Sewer |
| Water | Public |
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Listing courtesy of Grove Property Group — GPG Team. Listing data © MLS PIN.
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It is a 18-unit multi-family property with 4,908 sqft of living area, built in 1899.
142 Dorchester Street, Boston MA 02127 has been listed for 0 days (since June 7, 2026).
At a list price of $4,750,000 across 18 units, that works out to roughly $263,889 per unit.
Annual property taxes are $10,518 (2026), on an assessed value of $840,000.
At $4,750,000 for 4,908 sqft, that's about $968 per square foot.
4 total parking spaces.
142 Dorchester Street, Boston MA 02127 is in Boston, Suffolk County, MA 02127.