HomeBoston3 Family61 Shepton St, Boston MA 02124
61 Shepton St, Boston MA 02124 — photo 1 of 411 / 41
$1,499,900
61 Shepton St, Boston MA 02124
3 units · 9 bd · 6 ba · 3,797 sqft · $499,967/unit
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INVESTMENT SNAPSHOT

Signal Score88 / 100
Est. Cap Rate5.2%
GRM12.6
Gross Scheduled Income$118,757/yr
Estimates from area median rents — directional, not an appraisal.

About this property

Fully gut-renovated in 2022, this turnkey multi-family property offers modern living with all major systems and finishes completely updated. Featuring a full sprinkler system for enhanced safety, this home blends quality construction with peace of mind. Each unit showcases bright, open-concept layouts with stylish kitchens, quartz countertops, stainless steel appliances, and updated baths, all in-unit washer+ dryer. Enjoy good ceiling heights, central HVAC. Exterior highlights include private outdoor spaces with balcony, deck, and patio—perfect for relaxing or entertaining. Only 10 minutes walk Shawmut and Ashmont MBTA Red Line, local restaurants, parks, and major routes, this property offers both strong rental potential and ideal owner-occupant flexibility. A rare opportunity to own a fully renovated, income-producing property in a prime Dorchester location.

Property details

Units3
Living area3,797 sqft
Lot size3,233 sqft
Year built2022
Price / sqft$395
CountySuffolk
MLS #73501320

Listing status

Days on market35 days
Listed onApril 14, 2026

Taxes & financials

Annual property tax$11,585
Tax year2025
Assessed value$1,000,400
ZoningR2
Gross income (actual)$86,400/yr
Net operating income (actual)$86,400/yr
Total actual rent$9,500/mo

Building & lot

Stories3
Total rooms15
Lot size0.07 acres
Garage spaces0
Parking spaces0
FoundationStone

Utilities & systems

SewerPublic Sewer
WaterPublic

Location

More about investing in Boston

Listing courtesy of William Raveis R.E. & Home Services — Rebecca Huang. 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 61 Shepton St, Boston MA 02124 have?

It is a 3-unit multi-family property with 3,797 sqft of living area, built in 2022.

How long has 61 Shepton St, Boston MA 02124 been on the market?

61 Shepton St, Boston MA 02124 has been listed for 35 days (since April 14, 2026).

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

Based on area median rents, the estimated cap rate is about 5.2%, with a Signal Score of 88/100. These are directional estimates, not an appraisal.

What is the price per unit?

At a list price of $1,499,900 across 3 units, that works out to roughly $499,967 per unit.

What are the property taxes on 61 Shepton St, Boston MA 02124?

Annual property taxes are $11,585 (2025), on an assessed value of $1,000,400.

What is the price per square foot?

At $1,499,900 for 3,797 sqft, that's about $395 per square foot.

Where is this property located?

61 Shepton St, Boston MA 02124 is in Boston, Suffolk County, MA 02124.

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