41-43 Elmdale St Boston — Photo 1 of 35
Recent Drop: $50,000
$1,149,000
Investment Analysis — 41-43 Elmdale St
Boston, MA 02122 — Dorchester's Neponset
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-unit multi-family in 02122 carries an estimated $7,070/mo in gross rent — about a 5.23% cap rate and $60,141/yr in estimated NOI at the $1,149,000 list price. Adjust every assumption in the calculator below.
Beds
7
Baths
2.5
SqFt
2,574
Style
2 Family - 2 Units Up/Down
Built
1900
Renovated two-family in the heart of Neponset with updated finishes, strong rental potential, and flexibility for the next owner. Both units have updated kitchens and bathrooms, new appliances, separate utilities, laundry hookups in each unit, and newer mechanicals with central heat and AC. Unit 1 is a 3 bed, 1.5 bath with a functional layout and direct access to a beautiful yard with mature trees, a hardscaped patio, and plenty of usable outdoor space, while Unit 2 is an expansive bilevel 4 bed, 1 bath with two private decks, great natural light, and additional room to expand into the unfinished attic. There’s also open storage in the basement for both units. The property will be delivered FULLY VACANT, giving the next owner the ability to move right in, pick their own tenant, or lease both units at market rents from day one. It’s a great setup for an owner-occupant looking to house hack or an investor looking for a renovated two-family in a prime Dorchester location close to neighborhood restaurants, parks, transportation, and major routes. A true turnkey property, ready to move into or rent out immediately.
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 MLS and other third-party data may be inaccurate or out of date.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.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
ENERGY STAR Qualified Refrigerator • Rangetop - ENERGY STAR • ENERGY STAR Qualified Dishwasher • Cooktop
Neighborhood
Public Transportation • Tennis Court(s) • Park • Walk/Jog Trails • Laundromat • Conservation Area
Geography
Property History
$1,149,000
Was $1,199,000
Sep 16, 2026
MLS® 73566167
$1,199,000
Aug 20, 2026
MLS® 73566167
Listing Agent: Alan Nguyen
Listing Office: Choose Boston, LLC
MLS® Number: 73566167
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