31 Draper St Boston MA 02122 MLS #73310681

31 Draper St
Boston, MA, 02122
$1,725,000
12 Beds
3 Baths
3,812 SqFt
0.07 Acres
$1,725,000
31 Draper St
Boston, MA, 02122
Open House Nov 17, 2024
01:00 – 02:00
Open House Nov 16, 2024
01:00 – 02:00
Enormous gut renovated trophy 12 bed 3 bath luxury 3 family building with the potential for a 4th unit located in the heart of Dorchester in the Meeting House Hill & Fields Corner area! EVERYTHING IS NEW! This is a money maker & can serve as a great turn key portfolio addition, solid 1031 exchange, or a very lucrative rental investment building asset for years to come. This building grosses nearly $12,000/month (over $150K annually) with the option of doing another unit in the basement; potentially increasing rents to $16,000/month. Lead certificates on file! All units are decked out with luxury finishes, spa bathrooms, chef kitchens, hardwood flooring, central air, front decks, & much more. The exterior is also pristine featuring brand new siding, wrapped windows, & a new roof. New systems & central air. Close to Fields Corner Red Line T, Ronan Park, I-93, many shops, & restaurants. This is the turn key money making asset you have been looking for! Contact me now for details.

Property Details

Price:
$1,725,000
MLS #:
73310681
Status:
Active
Beds:
12
Baths:
3
Address:
31 Draper St
Type:
Multi Family
Subtype:
3 Family
Neighborhood:
Dorchester
City:
Boston
Listed Date:
Nov 7, 2024
State:
MA
Finished Sq Ft:
3,812
Total Sq Ft:
3,812
ZIP:
02122
Lot Size:
3,202 sqft / 0.07 acres (approx)
Year Built:
1909
Units:
3

Schools

Interior

Bathrooms
3 Full Bathrooms
Flooring
Hardwood

Exterior

Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/ Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T- Station, University
Roof
Rubber

Financial

Net Operating Income
$152,620
Tax Year
2024
Taxes
$9,692
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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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31 Draper St
Boston, MA