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400-412 Neponset Ave Boston, MA 02122

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$9,500,000
400-412 Neponset Ave Boston, MA 02122
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MA > Boston
Boston, MA 02122,400-412 Neponset Ave
Boston, MA 02122,400-412 Neponset Ave
Boston, MA 02122,400-412 Neponset Ave
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Lori Lincoln

Lori Lincoln

lori@thinklorilincoln.com +1(508) 878-0917
$9,500,000
Est. payment /mo
40 Beds
26 Baths
26,000 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 26,000 sqft

Price per Sqft $365

MLS Listing ID 73453209

Bedrooms 40

Full Baths 26

Year Built 1920

Annual Tax Amount $14,399

Tax Year 2025

Lot Size 8,712 Sqft

Acres 0.2

Property Sub-Type 5+ Family - 5+ Units Up/Down

Property Description

EVO Commercial is proud to present 400-412 Neponset Avenue and 10-12 Redfield Street - a rare chance to acquire three adjacent properties totaling 26,000 SF in Dorchester's Neponset/Port Norfolk neighborhood. The portfolio includes a corner mixed-use building and two triple-deckers with six spacious 3-bed units. Nearly 75% of the residential units have been recently renovated, providing strong in-place income with additional value-add potential. Currently generating $556,000 in NOI. The properties feature dedicated on-site parking - a major asset in this submarket - and benefit from strong in-place income, excellent visibility on a well-traveled corridor, and convenient access to I-93, public transit.

Location

State MA

County Suffolk

Area Dorchester

Zoning LC

Direction Right off of Morrissey Blvd and Neponset Ave - Across from Santander Bank

Rooms

Basement Unfinished

Interior

Laundry Washer Hookup

Exterior

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

Utilities Available for Gas Range, Washer Hookup

Waterfront Description Beach Access,Bay,Harbor,Ocean,Direct Access,0 to 1/10 Mile To Beach

Roof Type Rubber

Total Parking Spaces 13

Garage No

Building

Lot Description Corner Lot, Easements, Zero Lot Line

Story 3

Foundation Slab

Sewer Public Sewer

Water Public, Individual Meter

Others

Senior Community false


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Listed by EVO Real Estate Group, LLC

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400-412 Neponset Ave

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+1(508) 878-0917 lori@thinklorilincoln.com

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