140 Callender Street

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140 Callender Street

Boston, MA 02124
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building featuring six distinct residential units.
  • Located at 140 Callender Street within the city of Boston.
  • Potential for value-add initiatives to enhance rental income.
  • Property offers the capacity to achieve immediate rental scale.
  • Asset provides consistent income generation for long-term investors.

What's Special

Investors seeking immediate scale in the Boston multifamily market can leverage this six-unit apartment building for long-term hold or value-add strategies. The asset presents an opportunity to implement interior and exterior improvements to align with the evolving demand for residential units in the Dorchester neighborhood. Its configuration allows for steady income generation through established rental streams while providing a foundation for capital appreciation in a dense urban environment. Positioned in a well-connected area of Boston, the property benefits from proximity to local transit and major roadways serving the regional economy. This location remains a stable submarket for residential assets, where the population requires consistent housing supply near city amenities. Experienced operators may find the existing unit count ideal for repositioning or streamlining management processes to optimize overall performance. The building remains a practical acquisition for those looking to expand their portfolio within the competitive Massachusetts real estate market.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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