1444 Dorchester Avenue, DorchesterBoston, MA 02122MLS Number 73071366

  • Price: $6,200,000
  • 73 Days on Market
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Federal 30-year interest rate: 6.42% last updated on Mar 23, 2023
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Under Agreement
1444 Dorchester Avenue Boston MA 021221444 Dorchester Avenue Boston MA 021221444 Dorchester Avenue Boston MA 021221444 Dorchester Avenue Boston MA 021221444 Dorchester Avenue Boston MA 021221444 Dorchester Avenue Boston MA 021221444 Dorchester Avenue Boston MA 021221444 Dorchester Avenue Boston MA 021221444 Dorchester Avenue Boston MA 021221444 Dorchester Avenue Boston MA 021221444 Dorchester Avenue Boston MA 021221444 Dorchester Avenue Boston MA 021221444 Dorchester Avenue Boston MA 021221444 Dorchester Avenue Boston MA 021221444 Dorchester Avenue Boston MA 021221444 Dorchester Avenue Boston MA 021221444 Dorchester Avenue Boston MA 021221444 Dorchester Avenue Boston MA 021221444 Dorchester Avenue Boston MA 021221444 Dorchester Avenue Boston MA 021221444 Dorchester Avenue Boston MA 021221444 Dorchester Avenue Boston MA 021221444 Dorchester Avenue Boston MA 021221444 Dorchester Avenue Boston MA 021221444 Dorchester Avenue Boston MA 021221444 Dorchester Avenue Boston MA 021221444 Dorchester Avenue Boston MA 02122
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  • 0.62Acreage
  • 1910Year Built

Driving Directions

Rarely can you find a redevelopment / development opportunity that also produces cash flow today. Comprised of a 37,000 SqFt+- four story building, large parking lot with 20+ spaces and three commercial bays with attached single family in rear. Strong retail and office tenants in place including two anchor tenants, Santander and the Post office. Current gross annual revenue of almost $420,000. Separate electric for all units and separate heat / AC for all first floor retail units. Vacancy on half of the second floor, and full vacancy on remaining 3rd and 4th floors. Frame construction with brick exterior, this property has an abundance of future potential, from storage space (its most recent use) to large loft and beam residential units. Full redevelopment is also possible with a 26,836 square foot lot, curb cut on Leonard street and NS zoning which allows for a wide array of commercial/res. Only .2 of a mile from Fields Corner T stop. A prime investment in the heart of Fields Corner.
Listed by Ramsay and Company and Ramsay Fretz of Leading Edge Real Estate

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More Info

Basic Information

  • Gross Income $418,476
  • Mls StatusUnder Agreement
  • Parcel Number 1307398

Building

  • Building Area Units Square Feet
  • Utilities Public Water, Public Sewer
  • Year Built1910

Exterior

  • RoofRubber

Tax Information

  • Tax Year 2023
  • Taxes$58,946

Location

  • Address1444 Dorchester Avenue
  • Building Number1444
  • CountySuffolk
  • NeighborhoodDorchester
  • StateMA
  • StreetDorchester Avenue
  • SubdivisionDorchester
  • TownBoston
  • Zip02122

Other

  • Buyer Agency Compensation2.5
  • Date Listed01/17/2023
  • Farm Land Area Units Square Feet
  • Transaction Broker Compensation2.5
  • View Count3

Parking

  • Parking Spaces21

Basic Information

  • List Price$6,200,000
  • MLS Number73071366
  • Modification Date02/20/2023
  • Purchase Contract Date02/20/2023

Property

  • Acreage0.62

Property Information

  • Lot Size Square Feet 26,863
  • Lot Size Units Acres
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Dorchester Boston, MA Demographics

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Dorchester Boston, MA Real Estate Market Data

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Dorchester Boston, MA Schools

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