238-240 Norfolk St, Boston, MA 02124

$2,700,000 - Dorchester

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Some buildings check boxes. This one breaks the mold! Welcome to 238–240 Norfolk Street; a BRAND-NEW TROPHY 5-unit multi-family building in Boston’s booming Dorchester neighborhood. Over 8,000sqft of luxury living space across 5 units! (4) 3 Bed/2 Bath units & (1) 5 Bed/3 Bath! Spa- baths. High-end kitchens. Ceilings that make a statement. This is not your average investment building— it is a fully turnkey investment with every major system upgraded: new plumbing, electrical, central air, roof, & windows. With projected annual income over $250,000 & a cap rate nearing 8%, this asset blends beauty with balance sheet. With easy access to multiple transit lines & Downtown Boston, the property sits at the intersection of connection, culture, & capital. The property also can be financed as a separate 2 & 3 Fam! Whether you hold the asset, short-term rent,or condo-convert later — this is more than a building. It is a once-in-a-market moment in one of the city's fastest-moving neighborhood!

— MLSPIN #: 73415334

Map of 238-240 Norfolk St, Boston, MA 02124

Open Houses
Start Time: End Time: Comments:
08-09-2025 01:00 PM 08-09-2025 02:00 PM
08-10-2025 01:30 PM 08-10-2025 02:30 PM
238-240 Norfolk St, Dorchester, Boston, MA 02124
238-240 Norfolk St, Dorchester, Boston, MA 02124 238-240 Norfolk St, Dorchester, Boston, MA 02124 238-240 Norfolk St, Dorchester, Boston, MA 02124 238-240 Norfolk St, Dorchester, Boston, MA 02124 238-240 Norfolk St, Dorchester, Boston, MA 02124
238-240 Norfolk St, Dorchester, Boston, MA 02124 238-240 Norfolk St, Dorchester, Boston, MA 02124 238-240 Norfolk St, Dorchester, Boston, MA 02124 238-240 Norfolk St, Dorchester, Boston, MA 02124 238-240 Norfolk St, Dorchester, Boston, MA 02124
238-240 Norfolk St, Dorchester, Boston, MA 02124 238-240 Norfolk St, Dorchester, Boston, MA 02124 238-240 Norfolk St, Dorchester, Boston, MA 02124 238-240 Norfolk St, Dorchester, Boston, MA 02124 238-240 Norfolk St, Dorchester, Boston, MA 02124
238-240 Norfolk St, Dorchester, Boston, MA 02124 238-240 Norfolk St, Dorchester, Boston, MA 02124 238-240 Norfolk St, Dorchester, Boston, MA 02124 238-240 Norfolk St, Dorchester, Boston, MA 02124 238-240 Norfolk St, Dorchester, Boston, MA 02124
238-240 Norfolk St, Dorchester, Boston, MA 02124 238-240 Norfolk St, Dorchester, Boston, MA 02124 238-240 Norfolk St, Dorchester, Boston, MA 02124 238-240 Norfolk St, Dorchester, Boston, MA 02124 238-240 Norfolk St, Dorchester, Boston, MA 02124
238-240 Norfolk St, Dorchester, Boston, MA 02124 238-240 Norfolk St, Dorchester, Boston, MA 02124 238-240 Norfolk St, Dorchester, Boston, MA 02124 238-240 Norfolk St, Dorchester, Boston, MA 02124 238-240 Norfolk St, Dorchester, Boston, MA 02124
238-240 Norfolk St, Dorchester, Boston, MA 02124 238-240 Norfolk St, Dorchester, Boston, MA 02124 238-240 Norfolk St, Dorchester, Boston, MA 02124 238-240 Norfolk St, Dorchester, Boston, MA 02124 238-240 Norfolk St, Dorchester, Boston, MA 02124
238-240 Norfolk St, Dorchester, Boston, MA 02124 238-240 Norfolk St, Dorchester, Boston, MA 02124 238-240 Norfolk St, Dorchester, Boston, MA 02124 238-240 Norfolk St, Dorchester, Boston, MA 02124 238-240 Norfolk St, Dorchester, Boston, MA 02124
238-240 Norfolk St, Dorchester, Boston, MA 02124 238-240 Norfolk St, Dorchester, Boston, MA 02124
List Price:$2,700,000
Status:New
MLS ID:73415334
Town:Boston
Neighborhood:Dorchester
County:Suffolk
Zip:02124
Property Type:Residential Income
Property Sub Type:5-9 Family
Bedrooms:17
Full Baths:11
Living Area:8,162 sqft
Acres:0.3
Taxes:12,968
Flooring:Laminate, Hardwood
Lot Features:Other
Status:Active
Water Source:Public
Year Built:1900
Roof:Slate, Rubber
Directions:GPS
Foundation Details:Stone, Brick/Mortar
Electric:200+ Amp Service
Listing Contract Date:2025-08-07
Fireplace?:Yes
Lot Size Area:0.3
Lot Size Square Feet:13,078
Fireplaces Total:1
Rooms Total:71
Bathrooms Total Integer:11
Basement:true
Basement:Full
Building Area Source:Public Records
Building Area Total:8,162
Community Features:Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
Levels:6
Living Area Units:Square Feet
Lot Size Units:Acres
Number Of Units Total:5
Patio And Porch Features:Porch, Deck
Road Frontage Type:Public
Sewer:Public Sewer
Utilities:for Gas Range
Zoning:Res
High School:Boston Latin Academy
Middle Or Junior School:Boston Latin Academy
Stories Total:6
View:City View(s)
Year Built Source:Public Records
Disclosures:Flexibility to split this 5 unit building into two buildings as a 2 family & 3 family. Rents are projected. Buyer to complete their own due diligence.
Farm Land Area Units:Square Feet
Financial Data Source:Projected, Pro. Forma Available
Gross Income:$247,200
Listing Agreement:Exclusive Right To Sell
Apod Available:Yes
Comp Based On:Net Sale Price
Cooling Units:5
Disclosure:No
Dpr Flag:No
Flrs 1:1
Flrs 2:2
Flrs 3:1
Flrs 4:2
Heat Units:5
Lead Paint:Unknown
Lease 1:No
Lease 2:No
Lease 3:No
Lease 4:No
Levels 1:1
Levels 2:2
Levels 3:1
Levels 4:1
Listing Alert:No
List Price Per Sqft:$330.80
Page:0000
Price Per Sqft:$330.80
Square Feet Incl Base:No
Sub Agency Offered:No
Net Operating Income:$247,200
Original List Price:$2,700,000
Tax Assessed Value:$1,453,500
Tax Year:2025
Total Actual Rent:$20,600
View?:Yes
Year Built Details:Actual, Renovated Since
Waterview Flag:No
Bedrms 1:3
Bedrms 2:5
Bedrms 3:3
Bedrms 4:3
F Bths 1:3
F Bths 2:5
F Bths 3:3
F Bths 4:3
Hot Water:Natural Gas
Rent1:3,900
Rent2:5,000
Rent3:3,850
Rent4:3,900

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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. 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, leasing or renting 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, leasing or renting. MLS Property Information Network, Inc. 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.

MLS Property Information Network, Inc. data last updated on August 08, 2025 11:03 AM

Property Last Updated: August 08, 2025 08:32 AM

Listing Courtesy of: Stony Brook & Lennox Realty Advisors
Listing Agent: Markese Daise
617-905-4014