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INVESTMENT SNAPSHOT
About this property
Spacious and well-maintained, this impressive 7-bedroom, 2.5-bathroom property offers nearly 4,000 square feet of living space in a desirable Dorchester location. Featuring hardwood floors throughout and numerous updates, this home blends classic charm with modern convenience. Generous room sizes provide flexibility for a variety of living arrangements, while thoughtful improvements ensure move-in-ready comfort. Whether you're looking for space to grow or a strong investment opportunity, this property delivers with its size, condition, and prime location. A must-see!
Property details
| Units | 2 |
| Living area | 3,960 sqft |
| Lot size | 6,986 sqft |
| Year built | 1902 |
| Price / sqft | $315 |
| County | Suffolk |
| MLS # | 73503706 |
Listing status
| Days on market | 4 days |
| Listed on | April 17, 2026 |
Taxes & financials
| Annual property tax | $10,918 |
| Tax year | 2025 |
| Assessed value | $942,800 |
| Zoning | R2 |
| Gross income (actual) | $73,500/yr |
| Net operating income (actual) | $73,500/yr |
| Total actual rent | $6,125/mo |
Building & lot
| Stories | 4 |
| Total rooms | 13 |
| Lot size | 0.16 acres |
| Garage spaces | 0 |
| Parking spaces | 0 |
| Basement | Full |
| Foundation | Granite |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Hardwood |
Utilities & systems
| Sewer | Public Sewer |
| Water | Well |
Location
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Listing courtesy of The Galvin Group, LLC — Team Galvin. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 22 Welles Ave, Boston MA 02124 have?
It is a 2-unit multi-family property with 3,960 sqft of living area, built in 1902.
How long has 22 Welles Ave, Boston MA 02124 been on the market?
22 Welles Ave, Boston MA 02124 has been listed for 4 days (since April 17, 2026).
What is the estimated cap rate on this 2-family in Boston?
Based on area median rents, the estimated cap rate is about 4.1%, with a Signal Score of 74/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $1,249,000 across 2 units, that works out to roughly $624,500 per unit.
What are the property taxes on 22 Welles Ave, Boston MA 02124?
Annual property taxes are $10,918 (2025), on an assessed value of $942,800.
What is the price per square foot?
At $1,249,000 for 3,960 sqft, that's about $315 per square foot.
Where is this property located?
22 Welles Ave, Boston MA 02124 is in Boston, Suffolk County, MA 02124.
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