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34374556
34374551

1138 Adams Street, Boston, MA 02124 For Sale

JS
MA 9567294, REB.0019334
Fine Properties Inc
Listed by Fine Properties Inc
$1,150,000
4 days on market
Updated 4 days ago

1138 Adams Street

Details
Property Type Retail
Square Footage 3,177
Net Rentable (SqFt) 6,600
Units 2
Tenancy Vacant
Lease Type Gross
Pro-Forma Cap Rate 5.85%
Pro-Forma NOI $67,320
Price per SqFt $362
Class B
Year Built 1880
Lot Size (SqFt) 6,605
Zoning R2
Parking Spaces 8 spaces
Parking per 1,000 SqFt 2.52
Investment Type Value Add
Ground Lease No

Dorchester Center Duplex

Marketing description

Value‑Add Opportunity: Attic level framed, heated, and powered—ideal for future third unit

  • 3,178 SF of existing living area on a 6,605 SF lot
  • Two‑family configuration with strong rental demand
  • Perfect for owner‑occupants seeking rental income + expansion potential
  • Newer furnace and newer hot water heaters
  • Flexible paths: modernize, expand, or reposition as a three‑unit asset
  • Located in Adams Village, one of Dorchester’s most desirable neighborhoods
  • Close to cafés, parks, transit, and daily amenities
  • Solid long‑term fundamentals in a high‑demand multi‑family corridor

Investment highlights

Welcome to 1138 Adams Street, a classic Dorchester two-family home offering spacious living across 3,178 SF and set on a beautiful 6,605 SF lot. Nestled in the vibrant Adams Village neighborhood, this property combines residential charm with everyday convenience to cafés, parks, and local favorites. Whether you’re seeking multi-generational living, rental income, or a home with room to grow, this property provides comfort, flexibility, and a location that continues to shine within Boston’s evolving landscape. This property offers a substantial footprint for renovation, modernization, or repositioning. The property’s scale, layout, and location in Adams Village make it an excellent candidate for contractors, developers, or investors seeking a project with meaningful upside. With strong neighborhood fundamentals and a multi-family configuration that remains in high demand, 1138 Adams Street is ready for its next chapter.

Listing Contacts

JS
MA 9567294, REB.0019334
Fine Properties Inc
Listed by Fine Properties Inc

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