76 Belden St
Multifamily | 3 Units | $308,333/unit
Marketing description
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 76 Belden Street in Dorchester, MA (the “Property”). The three-story building contains three (3) 2-Bedroom/1-Bathroom units with 2,427 square feet of gross living area and 3,626 square feet of gross area. The Property is situated upon a 0.04 acre parcel and offers on-street parking.
76 Belden St is a desirable brick building positioned in the Dorchester neighborhood of Boston. The units feature hardwood flooring, tile-flooring in kitchen, oak colored wood cabinets, and updated bathrooms. Recent capital improvements have been made to the rear porch egress, brand new from 2024. The building also features laundry facilities in the basement. The Property has been well maintained and offers the opportunity to acquire a fully leased turnkey investment with upside via lease renewal or through programmatic upgrades to the units.
Investment highlights
ACCESS & CONNECTIVITY
The property is situated just a short walk from Uphams Corner commuter rail station on the Fairmount Line, providing direct rail connections into South Station and downtown Boston. Local MBTA bus routes run along nearby Dudley Street and Dorchester Avenue, with stops such as Dudley Street at Belden Street linking residents to key neighborhoods and regional nodes. Subway access is readily available via Andrew Station and Savin Hill Station on the Red Line, both only a few minutes’ drive away, creating rapid connections to South Station, Back Bay, and Cambridge. Drivers benefit from quick linkage to I 93 and the Southeast Expressway, allowing efficient car travel into downtown Boston in roughly 10–15 minutes.
AREA AMENITIES & DEMAND DRIVERS
76 Belden Street benefits from strong apartment housing demand driven by its position in Dorchester just outside central Boston, offering relatively more attainable rents while maintaining quick transit access into downtown and key employment cores.
The neighborhood is vibrant and walkable, with residents noting convenient access to local shops, restaurants, schools, and parks, which supports daily-living appeal for renters.
Proximity to major employment and academic hubs in Boston, including the downtown financial district, Longwood Medical Area, and universities such as UMass Boston and Northeastern, makes the location attractive to young professionals, students, and healthcare workers seeking neighborhood living with an urban commute.
STABILIZED ASSET WITH RENT GROWTH
The Property offers the opportunity to acquire a fully leased turnkey investment In an exceptional, urban-Infill location. The subject property is ideal for a potential buyer looking for income growth and strong investment returns. The rents in the Property are below market rates and offer upside via lease renewal, or through programmatic upgrades to the units. The Dorchester outlook remains bright as rental demand continues at a steady rate. The submarket continues to accelerate, and rents are expected to rise over the coming years.
SEPARATELY METERED UTILITIES
The Property is separately metered for gas steam powered heating, electric powered hot water, and individually metered electricity, which tenants pay directly. The Landlord is responsible for providing city water and sewer.
DESIRABLE CONSTRUCTION & UNIT AMENITIES
The Property features durable brick construction, a highly desirable attribute for multifamily housing that provides long-term structural integrity, fire resistance, and reduced maintenance requirements. Brick construction also delivers superior sound attenuation and thermal efficiency, contributing to lower utility costs and enhanced resident comfort while preserving long-term aesthetic appeal. Individual units are well-appointed with hardwood floors, gas stoves, radiators, and wooden windows, offering a classic and functional living environment.
STRONG RENTAL DEMOGRAPHICS & DEMAND
More than 56,800 people live within 1 mile of the Property with an average household income of $104,075. Over 420,500 people reside within 3 miles of the Property with an average household income of $158,300.
TRANSIT ORIENTED LOCATION
South Station – 2.3 miles
Subway:
Red Line at Andrew Station – 1.0 miles
Red Line at JFK/UMass Station – 1.5 miles
Red Line at Savin Hill Station – 1.0 miles
Commuter Rail:
Fairmount Line at Uphams Corner Station – 0.4 miles
Red Line/Commuter Rail at JFK/UMass Station – 1.5 miles
South Station – 2.3 miles Bus:
MBTA
Dudley St @ Humphreys St – Routes 15, 41 (approx. 0.2 miles)
Columbia Rd @ Stoughton St – Route 16 (approx. 0.3 miles)
Highway:
Interstate 93 – 1.0 miles
Interstate 90 – 3.0 miles
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