Investment Analysis — 342 Bowdoin Street

Boston, MA 02122 — Dorchester

Based on rent reported on the MLS listing, a 3-unit multi-family in 02122 carries $12,354/mo in gross rent — about a 8.23% cap rate and $102,866/yr in estimated NOI at the $1,250,000 list price. Adjust every assumption in the calculator below.

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Beds

Baths

SqFt

4,317

Style

3 Family

Built

1900

342 Bowdoin Street is a three-family building in Dorchester's Meeting House Hill neighborhood, offering both owner-occupant and investor appeal. The two lower-level units will be delivered vacant at closing, allowing immediate move-in or re-lease at market rent. 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. The top-floor unit is occupied by a long-term Section 8 tenant, providing stable, subsidized income in place. The building is very well maintained, with all units featuring 2 full bathrooms, central air, keyless door entry, and common coin-op laundry. The property sits directly on an MBTA bus route, minutes from Fields Corner Station on the Red Line, with quick access to I-93, and is walkable to the Dorchester Food Co-op, Ronan Park, and a growing local retail and dining corridor. The attached building at 344 Bowdoin Street is also offered for sale.

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 MLS and other third-party data may be inaccurate or out of date.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.