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INVESTMENT SNAPSHOT
About this property
Rare opportunity to own a well-performing 3-family at 223 Washington St in Dorchester. This property features strong rental income with a 2 bed unit at $2,500 and a 3 bed unit at $3,150, plus a vacant 3 bed—perfect for an owner-occupant or to maximize rents. Each unit offers spacious layouts, great natural light, and functional living space. Ideal for investors seeking immediate cash flow or FHA buyers looking to offset their mortgage with rental income. Conveniently located close to public transportation, shops, and local amenities, with easy access to the T. Don’t miss this versatile income-producing property!
Property details
| Units | 3 |
| Living area | 2,520 sqft |
| Lot size | 1,001 sqft |
| Year built | 2022 |
| Price / sqft | $427 |
| County | Suffolk |
| MLS # | 73512179 |
Listing status
| Days on market | 35 days |
| Listed on | May 4, 2026 |
Taxes & financials
| Annual property tax | $9,475 |
| Tax year | 2026 |
| Assessed value | $818,200 |
| Zoning | R3 |
| Gross income (actual) | $67,800/yr |
| Net operating income (actual) | $67,800/yr |
| Total actual rent | $8,650/mo |
Building & lot
| Stories | 3 |
| Total rooms | 14 |
| Lot size | 0.02 acres |
| Garage spaces | 0 |
| Parking spaces | 0 |
| Foundation | Other |
| Construction | Brick |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
More about investing in Boston →
Listing courtesy of MLS PIN (agent CN222309, office AN7557). Agent & office names will be resolved via the MLS Member/Office feeds for the public release.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 223 Washington, Boston MA 02121 have?
It is a 3-unit multi-family property with 2,520 sqft of living area, built in 2022.
How long has 223 Washington, Boston MA 02121 been on the market?
223 Washington, Boston MA 02121 has been listed for 35 days (since May 4, 2026).
What is the estimated cap rate on this 3-family in Boston?
Based on area median rents, the estimated cap rate is about 7.2%, with a deal score of 99/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $1,075,000 across 3 units, that works out to roughly $358,333 per unit.
What are the property taxes on 223 Washington, Boston MA 02121?
Annual property taxes are $9,475 (2026), on an assessed value of $818,200.
What is the price per square foot?
At $1,075,000 for 2,520 sqft, that's about $427 per square foot.
Where is this property located?
223 Washington, Boston MA 02121 is in Boston, Suffolk County, MA 02121.
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