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Federal 30-year interest rate: 6.67% last updated on 2026-08-13

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56-58 Bowdoin Avenue Boston MA 0212156-58 Bowdoin Avenue Boston MA 02121
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  • 47Bedrooms
  • 31Bathrooms
  • 31,570Square Feet
Over the past 7 year this massive property has been transformed into the lean & mean income generating machine it is today. All 31 units are made up of one or two bedrooms limiting the total # of people inside each apartment and keeping maintenance related costs at a minimum. Almost all of the units have been updated within the past 7 years and a majority of potential capital projects have already been done as well. There is a driveway leading to 15+ off street parking spaces in the rear of the property. Of the 600K in annual gross rent that is paid at the property only 14% of the total is actually paid by the tenants with the remaining 86% coming from a variety of different housing agencies and non-profit organizations. The sale comes with a an additional lot located at 46 Bullard Street which is included within the asking price for the property. The lot is 3,060 SF in size and may offer some development potential for the new owner.
Listed by Benjamin Virga of Bridgestone Properties,LLC

Listing Sold by Bridgestone Properties, LLC

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More Info

Basic Information

  • Gross Income $40,020
  • Lot Features Other
  • Mls StatusSold
  • Parcel Number 1303268

Location

  • Address56-58 Bowdoin Avenue
  • Building Number56-58
  • CountySuffolk
  • NeighborhoodDorchester
  • StateMA
  • StreetBowdoin Avenue
  • SubdivisionDorchester
  • TownBoston
  • Zip02121

Utilities

  • Sewer Public Sewer
  • Water Source Public

Amenities

  • Other AmenitiesBasement

Other

  • Date Listed09/30/2020
  • Farm Land Area Units Square Feet

Tax Information

  • Tax Assessed Value $3,434,800
  • Tax Year 2020
  • Taxes$36,271

Rooms

  • Bathroom31
  • Bathrooms Total Decimal 31
  • Bedrooms47
  • Full Bath31

Building

  • BasementFull, Finished
  • Building Area Units Square Feet
  • FoundationOther
  • Levels 4
  • Rooms99
  • Stories4
  • Units31
  • Year Built1950
  • Year Built Details Actual
  • Year Built Source Public Records

Parking

  • Open Parking YN Yes
  • Parking Features Off Street, Driveway
  • Parking Spaces15

Basic Information

  • GO-List Price$7,000,000
  • MLS Number72734651
  • Modification Date08/06/2022
  • Property SubType5-9 Family
  • Purchase Contract Date10/13/2020
  • Sale Date12/22/2020
  • Sale Price$7,100,000

Property

  • Acreage0.59

Property Information

  • Building Area Source Public Records
  • Living Area 31,570
  • Lot Size Square Feet 25,716
  • Lot Size Units Acres
  • Square Feet31,570

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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