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24 Buttonwood Street

$1,800,000
24 Buttonwood Street, Boston, MA 02125
24 Buttonwood Street

24 Buttonwood Street

$1,800,000

Fully renovated, fully leased, and positioned in the heart of Savin Hill, this three-family offers investors the rare combination of strong in-place income, modern condition, and long-term upside. Renovated in 2021, the property features three spacious 3-bedroom, 2-bath residences with hardwood floors, shaker-style cabinetry, stainless steel appliances, central air conditioning, private rear decks, and separate laundry in the basement. All three units are leased through August 31, 2027, generating current gross rents of $11,650 per month and $139k annually. The pro forma projects gross rents increasing to $146,790 for the 2027-2028 rental cycle, with a projected 7.0% cap rate at rent stabilization. The location further strengthens the investment story, with convenient access to the JFK/UMass Red Line station, UMass Boston, Carson Beach, South Bay, and the continued development of Columbia Point. With easy access to Downtown Boston, the Seaport, major highways, neighborhood restaurants, parks, and the waterfront, this is a compelling opportunity to acquire a stabilized, income-producing asset in one of Dorchester's most dynamic and well-connected neighborhoods.
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Features & Amenities

Interior

Total Bedrooms 9
Total Bathrooms 6
Full Bathrooms 6
Laundry Room Electric Dryer Hookup
Flooring Wood, Tile, Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
Other Interior Features Storage, Stone/Granite/Solid Counters, Upgraded Cabinets, Upgraded Countertops, Bathroom with Shower Stall, Open Floorplan, Remodeled, Kitchen, Living RM/Dining RM Combo

Exterior

Stories 3
Water Source Public
Utilities for Gas Range, for Gas Oven, for Electric Dryer
ROOF Rubber
Lot Features Gentle Sloping
Parking On Street
Heat type Forced Air, Natural Gas
Air Conditioning Central Air
Sewer Public Sewer
Substructure Stone
Other Exterior Features Balcony/Deck

Area & Lot

Status For Sale
LIVING SPACE 3,396 Sq.Ft.
TOTAL AREA 3,396 Sq.Ft.
LOT SIZE 2,312 Sq.Ft.
MLS® ID 73577184
Type Multi-Family
Year Built 1920
Neighborhood Dorchester
Water Frontage Bay, 1/2 to 1 Mile To Beach, Beach Ownership(Public)

Financial

SALES PRICE $1,800,000
REAL ESTATE TAXES $14,087/yr
Zoning 0105

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