12 Lorenzo St Boston MA 02122 MLS #73321329

12 Lorenzo St
Boston, MA, 02122
$1,289,000
9 Beds
3 Baths
3,264 SqFt
0.06 Acres
$1,289,000
12 Lorenzo St
Boston, MA, 02122
INVESTMENT GEM! GREAT FOR FIRST TIME HOME BUYER OR INVESTOR. Seize this exceptional opportunity to own a massive 3-family property, ideally situated just minutes from 93 N and S, in the convenient Port Norfolk area of Dorchester. This highly sought-after rental property is updated throughout, each unit boasting 3 beds, 1 bath, kitchen, a living room, central air/heat & three sets of laundry facilities in the walk-out basement. Each unit also has tankless hot water heaters, separate systems, and individual storage units. Units 1 and 3 are occupied by tenants at will, paying $3,200 respectively. Potential market rent exceeds $9,600 monthly. The property is FULLY LEAD COMPLIANT, making it a superb addition to any active investor’s portfolio or an ideal first-time investment – simply turn the key and start cashing checks!

Property Details

Price:
$1,289,000
MLS #:
73321329
Status:
Pending
Beds:
9
Baths:
3
Address:
12 Lorenzo St
Type:
Multi Family
Subtype:
3 Family – 3 Units Up/Down
City:
Boston
Listed Date:
Dec 25, 2024
State:
MA
Finished Sq Ft:
3,264
Total Sq Ft:
3,264
ZIP:
02122
Lot Size:
2,765 sqft / 0.06 acres (approx)
Year Built:
1900
Units:
3

Schools

Interior

Appliances
Range, Dishwasher, Microwave, Refrigerator
Bathrooms
3 Full Bathrooms
Cooling
Central Air
Flooring
Hardwood, Tile
Heating
Central, Forced Air
Laundry Features
Gas Dryer Hookup

Exterior

Community Features
Public Transportation, Shopping, Tennis Court(s), Park, Walk/ Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, Marina, Private School, Public School, T- Station, University
Construction Materials
Frame
Exterior Features
Balcony/ Deck, Balcony
Parking Features
On Street
Roof
Shingle

Financial

Net Operating Income
$76,800
Tax Year
2024
Taxes
$12,277
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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