116 Wales St Boston, MA: Dorchester 02124
8-Unit Multifamily, Value Add Opportunity
Prime location in a developing neighborhood, offering long-term growth opportunities for investors.
$14,650.00/Month
Current Rent Roll
8 UNITS
2 BEDS
2 BATHS
725 SQ FT
Unit #1
BEDS
2
BATHS
2
SQFT
725
CURRENT RENT
$1,000
PROJECTED MARKET RENT
$2,800 ▲ 180%
*CURRENT LEASE EXPIRED
TAW
Unit #2
BEDS
2
BATHS
2
SQFT
725
CURRENT RENT
$2,200
PROJECTED MARKET RENT
$2,800 ▲ 27.27%
*CURRENT LEASE EXPIRED
TAW
Unit #3
BEDS
2
BATHS
2
SQFT
725
CURRENT RENT
$2,300
PROJECTED MARKET RENT
$2,800 ▲ 21.74%
*CURRENT LEASE EXPIRED
TAW
Unit #4
BEDS
2
BATHS
2
SQFT
725
CURRENT RENT
$1,600
PROJECTED MARKET RENT
$2,800 ▲ 75%
*CURRENT LEASE EXPIRED
TAW
Unit #5
BEDS
2
BATHS
2
SQFT
725
CURRENT RENT
$1,700
PROJECTED MARKET RENT
$2,800 ▲ 64.71%
*CURRENT LEASE EXPIRED
TAW
Unit #6
BEDS
2
BATHS
2
SQFT
725
CURRENT RENT
$1,700
PROJECTED MARKET RENT
$2,800 ▲ 64.71%
*CURRENT LEASE EXPIRED
TAW
Unit #7
BEDS
2
BATHS
2
SQFT
725
CURRENT RENT
$2,300
PROJECTED MARKET RENT
$2,800 ▲ 21.74%
*CURRENT LEASE EXPIRED
TAW
Unit #8
BEDS
2
BATHS
2
SQFT
725
CURRENT RENT
$1,850
PROJECTED MARKET RENT
$2,800 ▲ 51.35%
*CURRENT LEASE EXPIRED
TAW
Unit #1
BEDS
3
BATHS
1.5
SQFT
1,424
CURRENT RENT
$1,950
PROJECTED MARKET RENT
$2,100 ▲ 9%
*CURRENT LEASE EXPIRED
8/31/2024
Unit #2
BEDS
3
BATHS
1
SQFT
1,424
CURRENT RENT
$1,950
PROJECTED MARKET RENT
$2,100 ▲ 9%
*CURRENT LEASE EXPIRED
8/31/2024
Unit #3
BEDS
3
BATHS
1.5
SQFT
1,424
CURRENT RENT
$1,950
PROJECTED MARKET RENT
$2,100 ▲ 9%
*CURRENT LEASE EXPIRED
8/31/2024
Unit #2
BEDS
3
BATHS
1
SQFT
1,424
CURRENT RENT
$1,950
PROJECTED MARKET RENT
$2,100 ▲ 9%
*CURRENT LEASE EXPIRED
8/31/2024
Unit #3
BEDS
3
BATHS
1.5
SQFT
1,424
CURRENT RENT
$1,950
PROJECTED MARKET RENT
$2,100 ▲ 9%
*CURRENT LEASE EXPIRED
8/31/2024
LET’S TAKE A CLOSER LOOK
Investment calculator
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Interest Rate
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Current Rents
Market Rents
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Net Operating Income
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PROPERTY LOCATION
The Neighborhood
116 Wales St is in a growing part of Dorchester, Boston, with easy access to public transportation, local schools, and neighborhood amenities, making it a solid investment opportunity.
▲ 1.93%
Rent
▲ 13.84%
DOM
▲ 0.92%
Sales Price
▼ 7.02%
Compare to Greater Boston
ABOUT US
The Elle Group
Since 2018 The Elle Group has been an investor focused real estate team servicing hundreds of clients in the Greater Boston Area. As investors ourselves, we’re ready, willing, and able to help new investors purchase their first house-hacking project, coordinate the purchase and sale of a 1031-Exchange, or even assist in filling your buildings with great tenants.
Whether you’ve just started to explore the world of real estate investing, or you’re busy playing real-life Monopoly across the city, you can look to The Elle Group as a trusted resource in sourcing, negotiating, and analyzing the best deals to hit the Boston market.
Testimonials
“They’re great with contract negotiations, managed to sell one of my flips for an excellent price, and has a great read on the current market... Nothing escapes their attention to detail when it comes to investment properties.”
FIX AND FLIP
Redgy S. (Southshore, MA)
“The Elle Group flawlessly worked with me over the course of 6+ months to find a property that suited my criteria and investment strategy for an owner occupied multifamily... Highly recommend for anyone who is looking to start!”
HOUSE HACK
Alvin Z. (Somerville, MA)
Get in touch
Feel free to contact us directly:
39 Church St. Winchester, MA 01890hello@theellegroup.com781-664-9475
