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223-227 Washington Street, Boston MA 02121

Boston, MA 02121 • Dorchester
$2,900,000
Est. $17,494/month
22
Beds
9
Baths
7,500
Sq Ft
$387
Price/Sq Ft
0.10
Acres
2022
Year Built
20
Days on Market
Active Listed Jun 17, 2026 • MLS# 73537287 Copied! • Updated Jun 21, 2026

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

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%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Full, Unfinished
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $31,564
Assessed Value $2,725,700
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
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

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

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

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.

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.

Contact Us

Steven Novak
Steven Novak
BMN Boston Real Estate
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Steven Novak

Steven Novak

BMN Boston Real Estate

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