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492 Harvard Street, Dorchester, MA 02124

9 Bed, 3 Bath Multi-Family Home For Sale

492 Harvard Street, Dorchester, MA 02124 House For Sale - MLS #72642562
Off the Market
$880,000
9
3
Multi-Family
3 Family

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Property Description for 492 Harvard Street, Dorchester, MA 02124

CONDO CONVERSION opportunity, in an emerging Dorchester neighborhood. Plans approved + permits obtained. One of the three units is currently rented. Two of the three units are shells (gutted and framed). A savvy investor may complete the unfinished units with apartment-grade finishes and rent for a few years, operating as an interim buy-and-hold, while the area continues to develop. Then, once more condo sales set precedent, convert into condos and sell as individual units. However, the convenient location is why there is already local development underway. Very accessible to Downtown Boston (Harvard St. to Columbia Rd.), South Shore (via Rt. 28) and MetroWest (via Morton St./Forest Hills). Sale includes materials, which will limit construction costs for the buyer (i.e. cabinets, hardwood floors, tile, stainless steel appliances). Proposed condo plans: 3 bedrooms, 2 full baths, 1,350 Sq.Ft., in-unit w/d, two exterior decks, open concept. Same details and dimensions for all three units.

Interior Details

3,984 sq. ft.
$220.88/sq. ft.

Exterior Details

0.06 acres
2,739 sq. ft.

Other Details

72642562
1920

Units Description

Unit #1
Rooms: 5      Bedrooms: 3      Full / Half Baths: 1      Levels: 1      Floor: 1     
Rooms : Kitchen; Family Room; Laundry
Appliances : Wall Oven; Refrigerator; Freezer; Washer & Dryer Hookup
Interior Features : Cable TV Available; Pantry; Storage; Balcony/Deck

Unit #2
Rooms: 5      Bedrooms: 3      Full / Half Baths: 1      Levels: 1      Floor: 2      Rent: $2,336      Lease: Yes
Rooms : Kitchen; Family Room; Laundry
Appliances : Wall Oven; Refrigerator; Freezer; Washer & Dryer Hookup
Interior Features : Cable TV Available; Pantry; Storage

Unit #3
Rooms: 5      Bedrooms: 3      Full / Half Baths: 1      Levels: 1      Floor: 3     
Rooms : Kitchen; Family Room; Laundry
Appliances : Wall Oven; Refrigerator; Freezer; Washer & Dryer Hookup
Interior Features : Cable TV Available; Pantry; Storage

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Monthly Mortgage Payments

$3,997
$5,567

MBTA> Stations Stops

Morton Street
0.62 miles
Forest Hills Station
1.33 miles
Forest Hills
1.33 miles
Mattapan Station
1.38 miles
Capen Street Station
1.42 miles

Town Description

Dorchester, Boston's largest neighborhood, is also one of its most diverse. Long-time residents mingle with newer immigrants from Ireland, Vietnam, and Cape Verde. The nation's first Vietnamese...

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