HomeBoston3 Family36 Spencer St, Boston MA 02124
36 Spencer St, Boston MA 02124 — photo 1 of 61 / 6
$1,499,000
36 Spencer St, Boston MA 02124
3 units · 11 bd · 5 ba · 3,083 sqft · $499,667/unit
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INVESTMENT SNAPSHOT

Signal Score87 / 100
Est. Cap Rate5.1%
GRM12.8
Gross Scheduled Income$117,201/yr
Estimates from area median rents — directional, not an appraisal.

About this property

Rare opportunity to own a turnkey 3-family in a strong Dorchester location near Talbot Ave commuter rail. The property has undergone extensive renovations and system updates within the last 10 years, including major electrical, plumbing, heating, and interior improvements, with select kitchens and bathrooms renovated within the last year. Deleaded units with compliance documentation available. The layout offers spacious units, including a first-floor unit with additional finished lower-level space and separate entrance, a large second-floor unit, and a top-floor unit featuring a primary suite. Additional features include updated systems, off-street parking, strong commuter access to downtown Boston, and architectural shingles replaced approximately 7 years ago on the pitched portion of the roof. Property will be delivered vacant, offering a strong opportunity for market-rate lease-up and stabilization.

Property details

Units3
Living area3,083 sqft
Lot size4,526 sqft
Year built1900
Price / sqft$486
CountySuffolk
MLS #73521547

Listing status

Days on market17 days
Listed onMay 19, 2026

Taxes & financials

Annual property tax$11,516
Tax year2025
Assessed value$994,500
ZoningR3
Total actual rent$0/mo

Building & lot

Stories4
Total rooms18
Lot size0.1 acres
Garage spaces0
Parking spaces2
ParkingPaved Drive
BasementFull, Finished, Walk-Out Access, Interior Entry
FoundationConcrete Perimeter, Brick/Mortar

Utilities & systems

SewerPublic Sewer
WaterPublic

Location

More about investing in Boston

Listing courtesy of Wisepath Realty Advisors LLC — Nilton Depina. 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 36 Spencer St, Boston MA 02124 have?

It is a 3-unit multi-family property with 3,083 sqft of living area, built in 1900.

How long has 36 Spencer St, Boston MA 02124 been on the market?

36 Spencer St, Boston MA 02124 has been listed for 17 days (since May 19, 2026).

What is the estimated cap rate on this 3-family in Boston?

Based on area median rents, the estimated cap rate is about 5.1%, with a Signal Score of 87/100. These are directional estimates, not an appraisal.

What is the price per unit?

At a list price of $1,499,000 across 3 units, that works out to roughly $499,667 per unit.

What are the property taxes on 36 Spencer St, Boston MA 02124?

Annual property taxes are $11,516 (2025), on an assessed value of $994,500.

What is the price per square foot?

At $1,499,000 for 3,083 sqft, that's about $486 per square foot.

Is there parking?

2 total parking spaces (paved drive).

Where is this property located?

36 Spencer St, Boston MA 02124 is in Boston, Suffolk County, MA 02124.

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