159 Townsend St - Apartments FOR SALE


Dorchester, MA 02121
$2,290,000 USD
617-756-6959
159 Townsend St, Dorchester, MA for Sale
$2,290,000 USD
Apartments - FOR SALE
1/10
null | 6.39% Cap Rate

159 Townsend St
Dorchester, MA 02121


OVERVIEW

This three-story property offers six well-maintained residential units, making it an excellent investment opportunity. The building includes two 4-bedroom, 1-bath units, and four 3-bedroom, 1-bath units, providing a range of spacious living options. A major improvement was made in May 2024, with the entire roof replaced using both rubber and shingles. Additionally, the property features a nice-sized yard in the rear, perfect for outdoor enjoyment. Situated in the desirable Dorchester neighborhood, this property is ideal for investors looking to capitalize on a high-demand rental market.

FOR SALE DETAILS

PRICE

$2,290,000 USD

PRICE/SF

$351 USD /SF

# OF UNITS

6

PRICE/UNIT

$381,667

CAP RATE

6.39%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1940

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

R4

APN/PARCEL ID

ROXB-000000-000012-003399

ASK ABOUT THIS PROPERTY

Mike KuritnikKumo CapitalMore Info
617-756-6959

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Mike KuritnikKumo CapitalMore Info
617-756-6959

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.