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Est. Mortgage: $/month

Federal 30-year interest rate: 6.09% last updated on 2023-02-02

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1444 Dorchester Avenue Boston MA 021221444 Dorchester Avenue Boston MA 021221444 Dorchester Avenue Boston MA 021221444 Dorchester Avenue Boston MA 021221444 Dorchester Avenue Boston MA 021221444 Dorchester Avenue Boston MA 021221444 Dorchester Avenue Boston MA 021221444 Dorchester Avenue Boston MA 021221444 Dorchester Avenue Boston MA 021221444 Dorchester Avenue Boston MA 021221444 Dorchester Avenue Boston MA 021221444 Dorchester Avenue Boston MA 021221444 Dorchester Avenue Boston MA 021221444 Dorchester Avenue Boston MA 021221444 Dorchester Avenue Boston MA 021221444 Dorchester Avenue Boston MA 021221444 Dorchester Avenue Boston MA 021221444 Dorchester Avenue Boston MA 021221444 Dorchester Avenue Boston MA 021221444 Dorchester Avenue Boston MA 021221444 Dorchester Avenue Boston MA 021221444 Dorchester Avenue Boston MA 021221444 Dorchester Avenue Boston MA 021221444 Dorchester Avenue Boston MA 02122
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  • $6,200,000List Price
  • 37,400Square Feet
Rarely can you find a redevelopment / development opportunity that also produces cash flow today. Comprised of a 37,000 SqFt+- four story building, large parking lot with 20+ spaces and three commercial bays with attached single family in rear. Strong retail and office tenants in place including two anchor tenants, Santander and the Post office. Current gross annual revenue of almost $420,000. Separate electric for all units and separate heat / AC for all first floor retail units. Vacancy on half of the second floor, and full vacancy on remaining 3rd and 4th floors. Frame construction with brick exterior, this property has an abundance of future potential, from storage space (its most recent use) to large loft and beam residential units. Full redevelopment is also possible with a 26,836 square foot lot, curb cut on Leonard street and NS zoning which allows for a wide array of commercial/res. Only .2 of a mile from Fields Corner T stop. A prime investment in the heart of Fields Corner.
Listed by Ramsay and Company and Ramsay Fretz of Leading Edge Real Estate

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Around Town Real Estate

Boston MA,

Office: 617-964-3497

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More Info

Basic Information

  • Gross Income $24
  • Lot Features Corner Lot
  • Mls StatusActive
  • Parcel Number 1294796

Location

  • Address1444 Dorchester Avenue
  • Building Number1444
  • CountySuffolk
  • NeighborhoodDorchester
  • StateMA
  • StreetDorchester Avenue
  • SubdivisionDorchester
  • TownBoston
  • Zip02122

Property Information

  • Building Area Source Public Records
  • Living Area 37,400
  • Lot Size Square Feet 26,863
  • Lot Size Units Acres
  • Square Feet37,400
  • View YN Yes

Tax Information

  • Tax Assessed Value $999
  • Tax Year 2023
  • Taxes$58,946

Basic Information

  • List Price$6,200,000
  • MLS Number73071505
  • Modification Date01/22/2023
  • Property SubType5+ Family - 5+ Units Up/Down

Property

  • Acreage0.62

Exterior

  • RoofRubber

Utilities

  • Sewer Public Sewer
  • Water Source Public

Amenities

  • AmenitiesPublic Transportation, Shopping, Highway Access, T-Station
  • Other AmenitiesFireplace

Other

  • Buyer Agency Compensation2.5
  • Date Listed01/18/2023
  • Farm Land Area Units Square Feet
  • Transaction Broker Compensation2.5

Parking

  • Covered Spaces 3
  • Garage YN Yes
  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street, Common
  • Parking Spaces21

Building

  • Building Area Units Square Feet
  • Construction Materials Frame, Brick
  • FireplaceYes
  • Fireplaces Total 2
  • FoundationStone, Granite
  • Garage Spaces3
  • Rooms2
  • Stories4
  • Year Built1910
  • Year Built Details Approximate
  • Year Built Source Public Records

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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VIEW ALL TESTIMONIALS >

Hi Beth-It was a pleasure working with you on this sale. You did a really excellent job--and smoothed the way with the sellers and with getting the work done on the apartment that was needed to complete the conditions of sale. [...]

Beth Freeman is experienced and is at the very "top of her game." She is a good negotiator, thorough, and honest. who knew more about what we needed than we did ourselves. Because she served us well we highly recommend her.