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34391782
34391781

751-757 Dudley St, Boston, MA 02125 For Sale

MP
MA 9506948
Marcus & Millichap - Boston
Listed by Marcus & Millichap - Boston
$3,500,000
1 day on market
Updated 1 day ago

Dudley Street Development

Details
Property Type Retail, Multifamily (+1)
Sub Type Storefront, Apartment Building
Square Footage 49,084
Units 49
Brand/Tenant Uniform Company
Lease Type NNN
Pro-Forma Cap Rate 5.00%
Pro-Forma NOI $1,250,000
Buildings 1
Stories 6
Acreage 0.250
Parking Spaces 9 spaces
Parking per 1,000 SqFt 0.18
Investment Type Redevelopment

751-757 Dudley St, Boston, MA 02125

Marketing description

The 751-757 Dudley Street development will transform a corner parcel currently occupied by low-density commercial structures built in 1935 into a modern, 49,084-square-foot mixed-use transit complex featuring 48 diverse multifamily units and 3,263 square feet of ground-floor retail space. Situated in Dorchester's dense Upham's Corner neighborhood, the surrounding area is rapidly evolving into the Upham's Corner Arts and Innovation District. Backed by significant public and private investments—such as the nearby Columbia Crossing project and a new Boston Public Library branch—the future outlook is highly attractive for developers. The district provides a rare blend of strong transit-oriented infrastructure (just steps from the MBTA Commuter Rail), dedicated city initiatives aimed at revitalizing commercial corridors without displacement, and a high local demand for mixed-income housing that aligns perfectly with Boston's modernized zoning updates.

Investment highlights

  • Fully Approved 6-Story, 49-Unit Mixed-use Building located in the heart of Uphams Corner in Dorchester, MA
  • Site to include 48-Apartments (6-affordable) including 2-Three Beds, 17-Two Beds, 3-One Beds and 26-Studios, 1-Retail (3200SF), 9-Parking Spaces, and 52-Bike Spaces. With a total of 49k SF.
  • Just .2-miles to Uphams Corner MBTA station and Approximately 3-miles to Downtown Boston,
  • Currently a 10k SF Single Story Building with a Uniform Company tenant that is paying $10k/month.

Listing Contacts

MP
MA 9506948
Marcus & Millichap - Boston
Listed by Marcus & Millichap - Boston

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Additional Information

Name
Matthew Pierce
License
9506948
Brokerage
Marcus & Millichap
Brokerage Phone
6178967214
Title
Senior Director Investments
Brokerage Address
100 High Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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