55 Mount Vernon St

Sold

$2,335,000

Turnkey 3-family located in the heart of Dorchester’s vibrant Polish Triangle neighborhood. The 3 luxury rental units, each consisting of 4 bedrooms & 2 bathrooms, has been renovated to the studs. The units feature modern kitchens with semi-custom cabinetry, quartz countertops & stainless steel appliances, modern bathrooms, in-unit laundry, new efficient HVAC systems & water heaters. The electrical & plumbing systems have been fully updated. Each unit has private outdoor space, high ceilings that enhance the sense of spaciousness, an abundance of natural light, great views & hardwood floors throughout. Located in close proximity to the JFK/UMass Redline T-Station, UMass Boston, South Bay, Dorchester Brewing, beaches, parks, I-93, downtown Boston, as well as a plethora of restaurants & shops, offering unparalleled convenience & accessibility. This is a fantastic investment opportunity, with all units rented through 8/31/24 with a monthly rent roll of $13,350 & a 6% cap rate.

Eric Johnson Contact

Interior

Total Bedrooms	12
Total Bathrooms	6
Full Bathrooms	6
Laundry Room	Washer Hookup, Unit 1 Laundry Room, Unit 2 Laundry Room, Unit 3 Laundry Room
Flooring	Wood, Tile, Unit 1(undefined), Unit 2(Tile Floor, Hardwood Floors, Wood Flooring, Stone/Ceramic Tile Floor), Unit 3(Hardwood Floors, Wood Flooring, Stone/Ceramic Tile Floor)
Appliances	Unit 1(Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer), Unit 2(Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer), Unit 3(Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer), Electric Water Heater, Plumbed For Ice Maker, Utility Connections for Gas Range, Utility Connections for Electric Dryer
Other Interior Features	Unit 1(Cathedral/Vaulted Ceilings, Storage, Stone/Granite/Solid Counters, High Speed Internet Hookup, Upgraded Cabinets, Upgraded Countertops, Bathroom with Shower Stall, Open Floor Plan, Slider), Unit 2(Cathedral/Vaulted Ceilings, Storage, High Speed Internet Hookup, Upgraded Cabinets, Upgraded Countertops, Bathroom with Shower Stall, Open Floor Plan, Slider), Unit 3(Cathedral/Vaulted Ceilings, Storage, High Speed Internet Hookup, Upgraded Cabinets, Upgraded Countertops, Bathroom with Shower Stall, Open Floor Plan, Slider), Unit 1 Rooms(Kitchen, Living RM/Dining RM Combo), Unit 2 Rooms(Kitchen, Living RM/Dining RM Combo), Unit 3 Rooms(Kitchen, Living RM/Dining RM Combo)

Exterior

Stories	6
Water Source	Public
Utilities	for Gas Range, for Electric Dryer, Washer Hookup, Icemaker Connection
ROOF	Rubber
Parking	On Street
Heat type	Unit 1(Central Heat), Unit 2(Central Heat), Unit 3(Central Heat)
Air Conditioning	Unit 1(Central Air), Unit 2(Central Air), Unit 3(Central Air)
Sewer	Public Sewer
Substructure	Frame
HOA Amenities	Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Marina, Public School, T-Station, University
Other Exterior Features	Unit 1 Balcony/Deck, Unit 2 Balcony/Deck, Unit 3 Balcony/Deck, Porch, Deck, Patio

Area & Lot

Status	Sold
LIVING SPACE	4,149 Sq.Ft.
LOT SIZE	2,100 Sq.Ft.
MLS® ID	73112202
Type	Multi-Family
Year Built	1905
Neighborhood	Dorchester
ELEMENTARY SCHOOL	Clap Innovation
MIDDLE SCHOOL	Mccormack
HIGH SCHOOL	Excel High

Financial

SALES PRICE	$2,335,000
REAL ESTATE TAXES	$12,757/yr
Zoning	3F

55 Mount Vernon St