BEDS40
BATHS26 full
SQUARE FEET26,000
MLS#73503815
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Proud to present 400-412 Neponset Avenue and 10-12 Redfield Street - a rare chance to acquire three adjacent properties totaling 26,000 SF in Dorchesters Neponset/Port Norfolk neighborhood. The portfolio includes a corner mixed-use building and two triple-deckers with six spacious 3-bed units. Nearly 75% of the residential units have been recently renovated, providing strong in-place income with additional value-add potential. Currently generating $556,000 in NOI. The properties feature dedicated on-site parking - a major asset in this submarket - and benefit from strong in-place income, excellent visibility on a well-traveled corridor, and convenient access to I-93, public transit.
Property Features
Property Type: Multi Unit - Multiple
Basement: Unfinished
Basement: Yes
Lot Size: 0.20 Acres
Roof Type: Rubber
Stories: 3.0
Taxes: $14,399
Year Built: 1920
Feature Descriptions
Beach Rights: Y
Building Area Total: 26000
Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University, Other
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Dwelling Type: 5+ Family - 5+ Units Up/Down
Electric: 100 Amp Service
Exterior: Frame, Stone
Laundry: Washer Hookup
Lot Features: Corner Lot, Easements, Zero Lot Line
Open Parking Y/N: Yes
Parcel Number: DORC000000000016002447 (1315238),1315238
Parking Features: Paved Drive, Off Street, Leased, Deeded
Parking Total: 13
Patio And Porch: Deck
Rooms Total: 78
Sewer: Public Sewer
Units: 25
Utilities: for Gas Range, Washer Hookup
Water: Public, Individual Meter
Waterfront Features: Beach Access, Bay, Harbor, Ocean, Direct Access,0 to 1/10 Mile To Beach
Listed By / Shown By
Listed By
Agency Name: EVO Real Estate Group, LLC
Agency Phone: 617-517-9755
Agent Name: John Maggio
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 23,855.01 per month $20,030.10 Principal & Interest $1,199.92 Property Tax $2,625.00 Homeowner's Insurance
400-412 Neponset Ave | MLS# 73503815
This multi-family property located at 400-412 Neponset Ave, Boston, MA 02122 is currently listed for sale with an asking price of $8,999,999. Search Boston real estate on www.masiellogrouprealestate.com today.