About 14-16 Dudley Terrace
*** Investors, Developer, and owner-occupants *** This is a fully rented (TAW) stabilized, cash flow producing, 2-family investment property (side-by-side townhouse style) located in Dorchester. Each unit features over 1200+ sqft. of living space, Weil-Mclain Gold Oil boiler (2009), Oil tank (2016), gas cooking, new water heater (2020), off-street parking, shared deck, and fenced-in back yard. This property can be a great condo conversion or a long-term rental investment. Located next to 734 Dudley Street project that will consist of 20 apartments and three commercial retail. Simple updates will push rents to $2,700+ and a projected CAP rate of 5%. Legal single-family being sold separately or as a packaged deal see MLS 72870481, 72870478. Current tenants paying @ $2,200/mo paying separate gas and electric utilities. Property might qualify for Boston's ADU program where you can legally add additional living space in the basement. Condo conversion? Commerical 1st floor, apts above?
Features of 14-16 Dudley Terrace
|Sub-Type||2 Family - 2 Units Side by Side|
|Address||14-16 Dudley Terrace|
|Subdivision||Dorchester's Uphams Corner|
|Office||Keller Williams Realty Boston-Metro | Back Bay|