Active
27 Days on market
342-344 Bowdoin Street Boston — Photo 1 of 26

342-344 Bowdoin Street Boston — Photo 1 of 26

$2,429,000

342-344 Bowdoin Street, Boston, MA 02122

Boston, MA 02122

Beds

28

Baths

12

SqFt

8,634

Style

5-9 Family

Built

1900

Pleased to present 342–344 Bowdoin Street, a six-unit multifamily investment opportunity in the Meeting House Hill neighborhood of Dorchester. Comprising two adjacent three-family buildings totaling 11,800 gross square feet, the property pairs immediate flexibility with in-place income: the seller will deliver four of the six units vacant at closing, allowing a new owner to renovate, reposition, or re-lease at market rents from day one, while the remaining two units are occupied by long-term Section 8 tenants, providing a stable, subsidized income base. The buildings have been exceptionally maintained and upgraded, featuring 2 full bathrooms per unit, central air and mini-split systems, keyless entry, and income-producing common laundry. Rents on the vacant units have been driven by a furnished, extended-stay rental strategy, generating income above a traditional stabilized lease structure — upside a new owner can capture immediately or normalize toward conventional leasing over time. Situated directly on an MBTA bus route just minutes from Fields Corner Station on the Red Line and with quick access to I-93, the property sits within one of Dorchester's most actively traded rental submarkets, walkable to Dorchester Food Co-op, Ronan Park, and a growing retail and dining corridor. With vacant units at closing, an established income stream, and full configuration flexibility, 342–344 Bowdoin Street offers a compelling entry point into Greater Boston's largest and most dynamic neighborhood. The buildings are being offered as a package or individually.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$281/sqft
Local Avg (Boston)$521/sqft
46% BelowMarket Average

* Analysis is based on 23 actively listed and recently sold comparable properties strictly within Boston, MA.

Property Details

Financials

Original Price$2,429,000
Annual Taxes$20,665

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms46
FireplacesNone
FlooringWood, Tile, Hardwood
BasementNone

Climate & Utilities

HeatingCentral
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationConcrete Perimeter
Zoning9

Property & Lot

Acres0.14
SqFt Lot5,949
Lot FeaturesOther

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator • Freezer

Neighborhood

Public Transportation • Shopping • Park • Medical Facility • Highway Access • Private School

Geography

Population

23,479

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$86K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

55.2%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Suffolk County

2,337 housing units permitted in the last 12 months (+13% vs the prior 12 months) — 2,062 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jul '26)

Listing Provided By

Listing Agent: Daniel Alper

Listing Office: Boston Realty Advisors

MLS® Number: 73568258

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