Investment Analysis — 34 Rosedale St

Boston, MA 02124 — Dorchester

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-unit multi-family in 02124 carries an estimated $8,200/mo in gross rent — about a 10.57% cap rate and $68,593/yr in estimated NOI at the $649,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

3,500

Style

3 Family

Built

1900

ATTENTION BUILDERS, DEVELOPERS & INVESTORS!! 34 Rosedale St is the project you've been waiting for in Dorchester. This Colonial offers approximately 3,500 sqft across three levels, PLUS a basement offering additional potential. Perfect for a three-unit condo conversion, a three-family to hold as rentals, or a huge single family. Currently a legal single-family in Boston's 3F-6000 (Three-Family Residential) zoning subdistrict with no overlay districts. The lot is under the minimum lot size, so a three-family conversion would need a variance from the ZBA, and the precedent is right across the street: 31 Rosedale St, a smaller house on a smaller lot, was approved by the ZBA for three units and is under renovation now. Paved driveway provides off-street parking for 2 cars. The location is hard to beat: a quiet side street minutes to Talbot Ave station on the Fairmount commuter rail line and Shawmut station on the Red Line. Being sold AS-IS and in need of a full gut renovation. WILL NOT QUALIFY FOR FHA, VA OR CONVENTIONAL FINANCING. Cash buyers only.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.