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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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342-344 Bowdoin St , Boston, MA 02122
$2,429,000
Est. Payment: $5,397.78/mo
28 Bed
12 Bath
8634 Sqft
Status: Active | Days on site: 22
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House Description

Pleased to present 342–344 Bowdoin Street, a six-unit multifamily investment opportunity in the Meeting House Hill neighborhood of Dorchester. Comprising two adjacent three-family buildings totaling 11,800 gross square feet, the property pairs immediate flexibility with in-place income: the seller will deliver four of the six units vacant at closing, allowing a new owner to renovate, reposition, or re-lease at market rents from day one, while the remaining two units are occupied by long-term Section 8 tenants, providing a stable, subsidized income base. The buildings have been exceptionally maintained and upgraded, featuring 2 full bathrooms per unit, central air and mini-split systems, keyless entry, and income-producing common laundry. Rents on the vacant units have been driven by a furnished, extended-stay rental strategy, generating income above a traditional stabilized lease structure — upside a new owner can capture immediately or normalize toward conventional leasing over time. Situated directly on an MBTA bus route just minutes from Fields Corner Station on the Red Line and with quick access to I-93, the property sits within one of Dorchester's most actively traded rental submarkets, walkable to Dorchester Food Co-op, Ronan Park, and a growing retail and dining corridor. With vacant units at closing, an established income stream, and full configuration flexibility, 342–344 Bowdoin Street offers a compelling entry point into Greater Boston's largest and most dynamic neighborhood. The buildings are being offered as a package or individually.

Highlights

Listed by Daniel Alper , 617-768-7333 Boston Realty Advisors , 617-375-7900.

Property Type

Multi-Family

Lot/Acreage
0.14

Year Built

1900

County

Suffolk

Listing ID

73568258

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:28
  • Bathrooms:12
  • Full Bathrooms:12
Appliances:Range, Dishwasher, Microwave, Refrigerator, Freezer
Air Cond:Central Air
Fireplaces:
Floor:Wood,Tile,Hardwood
Other:
  • Additional:Bathroom With Tub & Shower, Kitchen
Water:Public

Exterior Features

Garage Capacity:0
Zoning:9
Sewer:Public Sewer
Principal Interest
$5,398
Taxes
$1,722

Home Price

$2,429,000

Loan Details

30 yrs
%

Down Payment

20%
$485,800
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Monthly Price:
$5,397.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,397.78 $1,722.08 $0.00 $7,119.86
Yearly $64,773.33 $20,665.00 $0.00 $85,438.33
Total $1,943,200.00 $619,950.00 $0.00 $2,563,150.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Boston, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.