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INVESTMENT SNAPSHOT
About this property
Cash-flowing 8-unit investment opportunity in Dorchester! This fully occupied asset at 971–973 Blue Hill Ave offers immediate, stable cash flow with units rented at market rates—ideal for the savvy investor looking to scale their portfolio with confidence.The property features a desirable unit mix ranging from 1-bedroom to spacious 4-bedroom layouts, appealing to a broad tenant base and supporting strong, consistent income. This well-maintained building presents a rare opportunity to acquire a stabilized, income-producing asset in a high-demand rental market.Conveniently located along Blue Hill Ave, the property offers excellent commuter access and a short commute to Downtown Boston, making it highly attractive to tenants seeking accessibility and convenience.Whether you’re expanding your portfolio or securing your first multifamily investment, opportunities like this are hard to come by.
Property details
| Units | 8 |
| Living area | 9,980 sqft |
| Lot size | 6,855 sqft |
| Year built | 1910 |
| Price / sqft | $281 |
| County | Suffolk |
| MLS # | 73491297 |
Listing status
| Days on market | 4 days |
| Listed on | March 25, 2026 |
Taxes & financials
| Annual property tax | $15,592 |
| Tax year | 2025 |
| Assessed value | $1,346,500 |
| Zoning | A |
| Gross income (actual) | $288,480/yr |
| Net operating income (actual) | $211,901/yr |
| Total actual rent | $24,150/mo |
| Electric expense | $313/yr |
| Insurance expense | $10,500/yr |
Building & lot
| Stories | 5 |
| Total rooms | 44 |
| Lot size | 0.16 acres |
| Garage spaces | 0 |
| Parking spaces | 4 |
| Parking | Paved Drive |
| Basement | Full |
| Foundation | Concrete Perimeter |
| Roof | Rubber |
| Flooring | Wood |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range |
Location
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Listing courtesy of Thumbprint Realty, LLC — Joanna Edwards. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 971-973 Blue Hill Ave, Boston MA 02124 have?
It is a 8-unit multi-family property with 9,980 sqft of living area, built in 1910.
How long has 971-973 Blue Hill Ave, Boston MA 02124 been on the market?
971-973 Blue Hill Ave, Boston MA 02124 has been listed for 4 days (since March 25, 2026).
What is the estimated cap rate on this 8-family in Boston?
Based on area median rents, the estimated cap rate is about 7.3%, with a Signal Score of 99/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $2,799,999 across 8 units, that works out to roughly $350,000 per unit.
What are the property taxes on 971-973 Blue Hill Ave, Boston MA 02124?
Annual property taxes are $15,592 (2025), on an assessed value of $1,346,500.
What is the price per square foot?
At $2,799,999 for 9,980 sqft, that's about $281 per square foot.
Is there parking?
4 total parking spaces (paved drive).
Where is this property located?
971-973 Blue Hill Ave, Boston MA 02124 is in Boston, Suffolk County, MA 02124.
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