118 Norfolk St, Boston MA 02124

Boston, MA 02124 • Dorchester

$1,200,000

Est. $7,104/month

0.05

Acres

1945

Year Built

329

Days on Market

Active Listed Mar 30, 2025 • MLS# 73351908 Copied!

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About this home

Great business opportunity in the heart of Dorchester! Located on Norfolk Street, this property is in a high traffic area with lots local consumers. The lot size totals over 2100 square feet with a large basement. Parking lot NOT included. Whether you are an entrepreneur or investor this property offers a gateway to success! Cash buyers only. Tenant currently in the unit on a 5 year lease with approximately 1.5 years left on the lease agreement and the option to renew for another 5 years. Rent is at $3,500.00.

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Property Overview

Listing Type

Commercial Sale

Year Built

1945

Facts & Features

Home Facts

Type Commercial Sale

Year Built 1945

Lot Size 0.05 acres

Interior

Heating None

Cooling None

Flooring None

Appliances None

Fireplace None

Basement None

Laundry None

Features None

Exterior

Construction None

Architecture None

Roof None

Features None

Pool None

Spa None

Fencing None

Patio/Porch None

Parking

Features None

Utilities

Electric None

Water None

Sewer None

Gas None

Other None

Financial

Annual Tax $10,039

Interior Features

Flooring:

Appliances:

Interior Features:

Windows:

Basement:

Laundry:

Security:

Construction & Materials

Year Built: 1945

Structure Type:

Exterior Materials:

Roof:

Foundation:

Heating, Cooling & Utilities

Heating:

Cooling:

Hot Water:

Water Source:

Sewer:

Energy Features:

Exterior & Lot

Exterior Features:

Patio & Porch:

Fencing:

Other Structures:

Lot Features:

Road Surface:

Parking & Garage

Parking Features:

Location

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Neighborhood

Dorchester

118 Norfolk St, Boston MA 02124

Boston, MA 02124

Walkability

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Nearby Schools

School information not available for this location.

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Monthly Payment

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Loan Amount

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After down payment

Total Interest

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Over life of loan

Total Cost

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Including down payment

Home Price

Down Payment

%

Down: $0

Interest Rate

%

Loan Term 30 years 15 years

Monthly Payment Breakdown

Principal & Interest $0

Property Tax $837

Homeowners Insurance $200

PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0

Total principal paid $0

Total interest paid $0

Rate Impact

-0.5% Rate

$0/mo

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Current Rate

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Payment Over Time

Interest

Principal

Year 1

95% Interest

Year 15

50/50

Year 30

95% Principal

* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠

Listed for Sale

Mar 30, 2025

$1,200,000

Original listing

Office: Keller Williams Elite

Detailed History Table ▼

Date	Event	Price	Change	$/sqft	Details
03/30/2025	🏠 Listed for Sale	$1,200,000	-	-	Original listing

Price & Status History

Date	Event	Price	Change
Mar 30, 2025	New Listing Added	$1,200,000	—

Market Statistics

Days on Market

329 days

Price per Sq Ft

$—

Tax History

Year	Taxes	Assessment
2025	$10,039	—

Financial Details

Annual Property Tax

$10,039

Tax Year 2025

Listing Information

Listing Office Keller Williams Elite

Agent MLS ID CN248681

Office MLS ID AN4893

Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.