223-227 Washington Street, Boston MA 02121
Boston, MA 02121 • Dorchester
$2,900,000
Est. $17,494/month
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About this home
223-225-227 Washington Street presents a rare opportunity to acquire a turnkey three-building multifamily portfolio in the heart of Dorchester. 225 Washington was newly constructed in 2022, while 223 and 227 have been completely gut renovated, offering modern finishes, updated systems, and low-maintenance ownership. Units feature open-concept layouts, shaker cabinetry, stone countertops, stainless steel appliances, recessed lighting, updated baths, and laundry. Ideal for investors seeking strong cash flow with minimal deferred maintenance. Conveniently located near public transportation, major highways, shopping, restaurants, parks, and Downtown Boston. A premier investment opportunity in one of Boston's fastest-growing neighborhoods.
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Jun 17, 2026
$2,900,000
Original listing
Agent: Niko Stafford
Office: Block Realty
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 06/17/2026 | 🏠 Listed for Sale | $2,900,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $31,564 | $2,725,700 |
Financial Details
Annual Property Tax
$31,564
Tax Year 2026
Assessed Value
$2,725,700
Facts & Features
Home Facts
Type
Residential Income
Style
5-9 Family
Year Built
2022
Living Area
7,500 sq ft
Lot Size
0.10 acres
Bedrooms
22
Full Baths
9
Total Rooms
43
Investment Metrics
Units
9
Unit 1 Rent
$2,500/mo · N
Unit 2 Rent
$3,150/mo · Y
Total Monthly Rent
$5,650/mo
Gross Income
$289,800
Net Operating Income
$289,800
Cap Rate
9.99%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
Full, Unfinished
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
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$31,564
Assessed Value
$2,725,700
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Suffolk
Total market time (incl. prior listings)
4 days
Property Overview
Property Type
5-9 Family
Listing Type
For Sale
Year Built
2022
Bedrooms
22
Full Bathrooms
9
Living Area
7,500 sq ft
Total Rooms
43
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
7,500 sq ft above grade
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Full, Unfinished
Laundry:
Security:
Construction & Materials
Year Built:
2022
Structure Type:
Exterior Materials:
Roof:
Foundation:
Concrete Perimeter, Brick/Mortar
Stories:
3
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Level
Road Surface:
Parking & Garage
Parking Features:
Nearby Schools
School information not available for this location.
Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$2,630
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
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
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.
Location
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Neighborhood
Dorchester
223-227 Washington Street, Boston MA 02121
Boston, MA 02121
Listing Information
Listing Agent
Niko Stafford
Listing Office
Block Realty
Office Phone
617-505-3324
Agent MLS ID
CN222309
Office MLS ID
AN7557
Listing Data Updated
Jun 21, 2026 4:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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