342-344 Bowdoin Street, Boston MA 02122
Boston, MA 02122
$2,429,000
Est. $14,204/month
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Open House Schedule
03
Sep
Thursday, September 3
12:00 PM - 1:30 PM EDT
About this home
Pleased to present 342–344 Bowdoin Street, a six-unit multifamily investment opportunity in the Meeting House Hill neighborhood of Dorchester. Comprising two adjacent three-family buildings totaling 11,800 gross square feet, the property pairs immediate flexibility with in-place income: the seller will deliver four of the six units vacant at closing, allowing a new owner to renovate, reposition, or re-lease at market rents from day one, while the remaining two units are occupied by long-term Section 8 tenants, providing a stable, subsidized income base. The buildings have been exceptionally maintained and upgraded, featuring 2 full bathrooms per unit, central air and mini-split systems, keyless entry, and income-producing common laundry. Rents on the vacant units have been driven by a furnished, extended-stay rental strategy, generating income above a traditional stabilized lease structure — upside a new owner can capture immediately or normalize toward conventional leasing over time. Situated directly on an MBTA bus route just minutes from Fields Corner Station on the Red Line and with quick access to I-93, the property sits within one of Dorchester's most actively traded rental submarkets, walkable to Dorchester Food Co-op, Ronan Park, and a growing retail and dining corridor. With vacant units at closing, an established income stream, and full configuration flexibility, 342–344 Bowdoin Street offers a compelling entry point into Greater Boston's largest and most dynamic neighborhood. The buildings are being offered as a package or individually.
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Aug 26, 2026
$2,429,000
Original listing
Agent: Daniel Alper
Office: Boston Realty Advisors
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/26/2026 | 🏠 Listed for Sale | $2,429,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $20,665 | $1,784,600 |
Financial Details
Annual Property Tax
$20,665
Tax Year 2025
Assessed Value
$1,784,600
Facts & Features
Central AC
Home Facts
Type
Residential Income
Style
5-9 Family
Year Built
1900
Living Area
8,634 sq ft
Lot Size
0.14 acres
Stories
5
Bedrooms
28
Full Baths
12
Total Rooms
46
Investment Metrics
Units
6
Unit 1 Rent
— · N
Unit 2 Rent
— · N
Unit 3 Rent
$3,200/mo · Y
Unit 4 Rent
— · N
Total Monthly Rent
$3,200/mo
Gross Income
$296,496
Net Operating Income
$226,677
Operating Expenses
$69,819
Cap Rate
9.33%
Interior
Heating
Central
Cooling
Central Air
Flooring
Wood, Tile, Hardwood
Appliances
Range, Dishwasher, Microwave, Refrigerator, Freezer
Fireplace
None
Basement
None
Laundry
None
Features
Bathroom With Tub & Shower, Kitchen
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
Varies Per Unit
Financial
Annual Tax
$20,665
Assessed Value
$1,784,600
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Certified Treated
Seller Disclosures
1) The Units Are Currently Configured As 4 Bedroom And 5 Bedroom Units, But Public Record Suggests A Lower Bedroom Count. 2) Review Attached Financial Package For Clarification.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Sq Ft Disclosures
11,800 Gross SF per public record
Documents
None
County
Suffolk
Property Overview
Property Type
5-9 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
28
Full Bathrooms
12
Living Area
8,634 sq ft
Total Rooms
46
Stories
5
Levels
5
Floor Layout
Interactive room guide
Floor Layout
Finished Area
8,634 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:
Wood, Tile, Hardwood
Appliances:
Range, Dishwasher, Microwave, Refrigerator, Freezer
Interior Features:
Bathroom With Tub & Shower, Kitchen
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Roof:
Foundation:
Concrete Perimeter
Stories:
5
Heating, Cooling & Utilities
Heating:
Central
Cooling:
Central Air
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Other
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
$1,722
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
342-344 Bowdoin Street, Boston MA 02122
Boston, MA 02122
Listing Information
Listing Agent
Daniel Alper
Listing Office
Boston Realty Advisors
Office Phone
617-375-7900
Agent MLS ID
CN254381
Office MLS ID
AN8461
Listing Data Updated
Aug 26, 2026 9:08 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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