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 #: 73415334Map of 238-240 Norfolk St, Boston, MA 02124
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 |
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 |
Disclaimer:
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