42 Florida St, Boston MA 02124

Boston, MA 02124
$1,999,999
Est. $11,014/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

Adjust the payment calculator
10
Beds
4
Baths
4,032
Sq Ft
$496
Price/Sq Ft
0.18
Acres
1930
Year Built
5
Garage Spaces
New today
Time on Market
For Sale Listed Oct 22, 2026 • MLS# 73594178 Copied! • Updated Oct 22, 2026

Track this home for price, status, and open-house alerts.

About this home

RARE DORCHESTER MULTIFAMILY INVESTMENT & DEVELOPMENT OPPORTUNITY! Situated on a generous 7,905 SF lot, this existing 4-family property offers 10 bedrooms, approximately 4,032 SF of living area, 6,048 SF of total building area, and 5 garage bays, providing multiple opportunities for investors, developers, and builders. Built in 1930, this two-story property offers the potential to generate rental income while exploring future improvements or redevelopment. With reported R4 zoning and a substantial lot, buyers may wish to investigate possibilities including condominium conversion, expansion of the existing structure, additional residential units, or redevelopment of the garage area. Convenient Dorchester location with access to Boston amenities, transportation, shopping, and neighborhood conveniences. An excellent opportunity to renovate, reposition, or explore the property’s full development potential. Buyer and buyer’s agent to perform their own due diligence regarding zoning, allowable density, additional units, lot coverage, setbacks, parking requirements, and all necessary City of Boston approvals. Property sold as-is.

BMN Estimate

Get the number an algorithm can't give you

A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Price & Status History

Property Timeline

🏠
Listed for Sale
Oct 22, 2026
$1,999,999
Original listing
Agent: Matthew M. Jenkins Office: Shore Real Estate LLC

Tax History

Year Taxes Assessment
2026 $8,416 $678,700

Financial Details

Annual Property Tax
$8,416
Tax Year 2026
Assessed Value
$678,700

Facts & Features

5 Car Garage

Home Facts

Type Residential Income
Style 4 Family
Year Built 1930
Living Area 4,032 sq ft
Lot Size 0.18 acres
Stories 2
Bedrooms 10
Full Baths 4
Total Rooms 18

Investment Metrics

Units 4
Unit 1 Rent $1,881/mo · Y
Unit 2 Rent $2,377/mo · Y
Unit 3 Rent $3,150/mo · Y
Unit 4 Rent $3,119/mo · Y
Total Monthly Rent $10,527/mo
Gross Income $126,324
Net Operating Income $126,324
Cap Rate 6.32%
Heating None
Cooling None
Flooring Wood
Appliances None
Fireplace None
Basement Full
Laundry None
Features None
Construction Frame
Architecture None
Roof Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Garage Spaces 5
Has Garage Yes
Features Paved Drive, Off Street
Total Spaces 17
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range

Financial

Annual Tax $8,416
Assessed Value $678,700
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Certified Treated
Seller Disclosures Buyers/ Buyer Agent To Do Due Diligence. Accompanied Group Showings, Basement, Garages And One Vacant Unit.
Possession None
Accepted Financing None
Structure Type []
House Color Cream
Sq Ft Source Public Record
Documents None
County Suffolk

Property Overview

Property Type
4 Family
Listing Type
For Sale
Year Built
1930
Bedrooms
10
Full Bathrooms
4
Living Area
4,032 sq ft
Total Rooms
18
Stories
2
Levels
2

Floor Layout

Interior Features

Flooring: Wood
Appliances:
Interior Features:
Windows:
Basement: Full
Laundry:
Security:

Construction & Materials

Year Built: 1930
Structure Type:
Exterior Materials: Frame
Roof: Rubber
Foundation: Concrete Perimeter
Stories: 2

Utilities & Systems

Heating:
Cooling:
Hot Water: Natural Gas, Tank
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface: Paved

Parking & Garage

Garage Spaces: 5
Total Parking Spaces: 17
Parking Features: Paved Drive, Off Street
School District
Boston School District local
C-
🎓 Where Graduates Go Class of 2021
52% attend college
38% 4-Year 14% 2-Year 7% Out of State 7% Working
⚠ School Safety 2024-25
3.7% Above Average
3.2% Suspensions 0.3% In-School 0.5% Emergency
↓ 1.8% below state avg
E

Elementary Schools

10 schools
C
Neighborhood House Charter School
0.4 mi | #277 of 346 | Score: 44.9
Improved 14 spots from last year
-13.3 below state avg
768 students Diverse
College Ready Curriculum Diverse Student Body
Grades PK-12
C-
Kenny Elementary School
0.4 mi | #743 of 825 | Score: 32.9
Dropped 31 spots from last year
-25.3 below state avg
315 students Very Diverse
Diverse Student Body
Grades PK-06
Saint John Paul II Academy - Neponset
0.5 mi
Grades PK-08
B-
Murphy K-8 School
0.6 mi | #208 of 352 | Score: 39.9
Improved 11 spots from last year
-18.3 below state avg
833 students Diverse
Diverse Student Body
Grades PK-08
C-
Codman Academy Charter Public School
0.7 mi | #308 of 346 | Score: 36.8
Dropped 24 spots from last year
-21.4 below state avg
345 students Diverse
College Ready Curriculum
Grades PK-12
St. Brendan Elementary School
0.7 mi
Grades K-08
D
Henderson K-12 Inclusion School Upper
0.8 mi | #323 of 346 | Score: 32.2
Improved 26 spots from last year
-26 below state avg
605 students Diverse
Rising School Diverse Student Body
Grades 02-12
C-
UP Academy Charter School of Dorchester
0.9 mi | #317 of 352 | Score: 30.2
Dropped 26 spots from last year
-28 below state avg
650 students Diverse
Grades PK-08
C-
Holmes Elementary School
1.0 mi | #717 of 825 | Score: 34.5
Dropped 31 spots from last year
-23.7 below state avg
301 students Diverse
Grades PK-06
F
Lee K-8 School
1.1 mi | #339 of 352 | Score: 26.8
Improved 4 spots from last year
-31.4 below state avg
582 students Diverse
Grades PK-08
M

Middle Schools

10 schools
Epiphany School
0.4 mi
Grades 05-08
A
Uncommon Schools - Roxbury Preparatory Dorchester Campus Middle School
1.6 mi | #4 of 16 | Score: 42.5
Improved 187 spots from last year
-15.7 below state avg
1,225 students Diverse
Rising School College Ready Curriculum
Grades 05-08
Dearborn Middle School
1.6 mi
Mother Caroline Academy
1.7 mi
Grades 05-08
F
Higginson/Lewis K-8 School
2.5 mi | #349 of 352 | Score: 23.2
Improved 3 spots from last year
-35 below state avg
246 students Diverse
Grades 03-08
Middle School Academy
3.0 mi
Nativity Prep School
3.1 mi
Grades 05-08
C
Ohrenberger School
5.0 mi | #266 of 352 | Score: 35.0
Improved 19 spots from last year
-23.2 below state avg
458 students Diverse
Diverse Student Body
Grades 03-08
Frederick Pilot Middle
1.5 mi
McCormack Middle
2.1 mi
H

High Schools

10 schools
B+
TechBoston Academy
0.9 mi | #10 of 25 | Score: 34.9
Improved 350 spots from last year
-23.3 below state avg
869 students Diverse
Rising School
Grades 07-12
C
Ruth Batson Academy
2.1 mi | #20 of 25 | Score: 29.1
Improved 345 spots from last year
-29.1 below state avg
584 students Diverse
8 sports • 128 athletes
Early College Program Rising School
Grades 07-12
A+
Boston Latin Academy
2.2 mi | #2 of 25 | Score: 64.9
Improved 214 spots from last year
+6.7 above state avg
1,669 students Very Diverse
17 sports • 1,298 athletes
Strong AP Program High Graduation Rate Rising School Strong Athletics
Grades 07-12
B
Dearborn STEM Academy
2.7 mi | #13 of 25 | Score: 33.4
Improved 356 spots from last year
-24.8 below state avg
565 students Moderate
10 sports • 242 athletes
Early College Program Rising School
Grades 07-12
Meridian Academy
2.7 mi
Grades 06-09
D
English High School
2.8 mi | #328 of 346 | Score: 28.9
Improved 30 spots from last year
-29.3 below state avg
653 students Diverse
8 sports • 332 athletes
Rising School Career Tech Programs
Grades 07-12
B-
Margarita Muniz Academy
3.0 mi | #14 of 25 | Score: 31.6
Improved 349 spots from last year
-26.7 below state avg
480 students Less Diverse
Rising School
Grades 07-12
A-
O'Bryant School of Math & Science
3.2 mi | #90 of 346 | Score: 61.6
Improved 94 spots from last year
+3.4 above state avg
1,518 students Very Diverse
High Graduation Rate Rising School College Ready Curriculum Diverse Student Body
Grades 07-12
A-
Boston Preparatory Charter Public School
3.3 mi | #8 of 25 | Score: 43.6
Improved 287 spots from last year
-14.6 below state avg
670 students Diverse
High Graduation Rate Rising School College Ready Curriculum
Grades 06-12
Cathedral High School
3.5 mi
9 sports • 430 athletes
Grades 07-12
Learn about these ratings

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 $701
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

Loading map...

Neighborhood

42 Florida St, Boston MA 02124

Boston, MA 02124

Listing Information

Listing Agent Matthew M. Jenkins
Listing Office Shore Real Estate LLC
Office Phone 617-320-7177
Agent MLS ID A8000151
Office MLS ID AN8998
Listing Data Updated Oct 22, 2026 3:40 PM 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

Steve Novak Real Estate
Steve Novak Real Estate
BMN Boston Powered by SERHANT
Ask about this property — free, no obligation.

Similar Homes for Sale

Comparable Properties

Customize Comparable Search

Finding comparable properties...

Market Analytics for Boston, MA

Real-time market trends and pricing data for this area

Loading market insights for Boston.