
374 Geneva Ave Boston — Photo 1 of 42
$1,050,000
Investment Analysis — 374 Geneva Ave
Boston, MA 02122
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-unit multi-family in 02122 carries an estimated $10,080/mo in gross rent — about a 7.60% cap rate and $79,827/yr in estimated NOI at the $1,050,000 list price. Adjust every assumption in the calculator below.
Beds
9
Baths
3
SqFt
4,140
Style
3 Family
Built
1905
Bring your vision and renovation expertise to this three-unit residential building offering a substantial value-add opportunity in Dorchester. With its distinctive multi-story exterior, classic Boston residential character, attractive street-facing façade, and prominent bay-style window features, the property offers a compelling canvas for an investor, contractor, or owner-occupant. The building features multiple levels with spacious living areas, numerous bedrooms, hardwood flooring in several rooms, high ceilings, and large windows that bring natural light into the interiors. Each unit offers its own kitchen and bathroom spaces, providing an existing framework for a comprehensive renovation and modernization. Covered and enclosed porch areas, along with multiple rear outdoor spaces, create additional opportunities for future enjoyment and appeal. The rear of the property includes additional access, a side/rear walkway, private outdoor space, and off-street parking accommodating multiple vehicles. A garage/utility structure and lower-level basement space provide additional storage and workspace potential. The property is in need of significant work, presenting an opportunity to reimagine the existing interiors and create value through thoughtful renovation. With its three-unit configuration, generous footprint, flexible room layouts, outdoor areas, parking, and lower-level space, this property offers plenty of potential for a buyer looking to undertake a meaningful renovation project. An excellent opportunity to transform an existing Dorchester property into a refreshed multi-unit investment while taking advantage of its existing structure, character, and versatile layout.
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.
Immersive Experience
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Refrigerator • Range • Oven
Geography
Listing Agent: Delince P. Louis
Listing Office: Redfin Corp.
MLS® Number: 73579471
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