42 Florida St, Boston MA 02124

Boston, MA 02124
$1,999,999
Est. $11,014/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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10
Beds
4
Baths
4,032
Sq Ft
$496
Price/Sq Ft
0.18
Acres
1930
Year Built
5
Garage Spaces
New today
Time on Market
For Sale Listed Oct 22, 2026 • MLS# 73594178 Copied! • Updated Oct 22, 2026

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About this home

RARE DORCHESTER MULTIFAMILY INVESTMENT & DEVELOPMENT OPPORTUNITY! Situated on a generous 7,905 SF lot, this existing 4-family property offers 10 bedrooms, approximately 4,032 SF of living area, 6,048 SF of total building area, and 5 garage bays, providing multiple opportunities for investors, developers, and builders. Built in 1930, this two-story property offers the potential to generate rental income while exploring future improvements or redevelopment. With reported R4 zoning and a substantial lot, buyers may wish to investigate possibilities including condominium conversion, expansion of the existing structure, additional residential units, or redevelopment of the garage area. Convenient Dorchester location with access to Boston amenities, transportation, shopping, and neighborhood conveniences. An excellent opportunity to renovate, reposition, or explore the property’s full development potential. Buyer and buyer’s agent to perform their own due diligence regarding zoning, allowable density, additional units, lot coverage, setbacks, parking requirements, and all necessary City of Boston approvals. Property sold as-is.

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Recently Sold Nearby

Price & Status History

Market Insights

73.2%
Price Range
1
Previous Sales

Property Timeline

🏠
Listed for Sale
Oct 22, 2026
$1,999,999
Original listing
Agent: Matthew M. Jenkins Office: Shore Real Estate LLC
Previous Transaction - MLS #30684486
Full transaction history available when tracking began
🏷️
Previously Sold
Feb 28, 2003
$535,000
MLS #30684486

Tax History

Year Taxes Assessment
2026 $8,416 $678,700

Financial Details

Annual Property Tax
$8,416
Tax Year 2026
Assessed Value
$678,700

Facts & Features

5 Car Garage

Home Facts

Type Residential Income
Style 4 Family
Year Built 1930
Living Area 4,032 sq ft
Lot Size 0.18 acres
Stories 2
Bedrooms 10
Full Baths 4
Total Rooms 18

Investment Metrics

Units 4
Unit 1 Rent $1,881/mo · Y
Unit 2 Rent $2,377/mo · Y
Unit 3 Rent $3,150/mo · Y
Unit 4 Rent $3,119/mo · Y
Total Monthly Rent $10,527/mo
Gross Income $126,324
Net Operating Income $126,324
Cap Rate 6.32%
Heating None
Cooling None
Flooring Wood
Appliances None
Fireplace None
Basement Full
Laundry None
Features None
Construction Frame
Architecture None
Roof Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Garage Spaces 5
Has Garage Yes
Features Paved Drive, Off Street
Total Spaces 17
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range

Financial

Annual Tax $8,416
Assessed Value $678,700
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Certified Treated
Seller Disclosures Buyers/ Buyer Agent To Do Due Diligence. Accompanied Group Showings, Basement, Garages And One Vacant Unit.
Possession None
Accepted Financing None
Structure Type []
House Color Cream
Sq Ft Source Public Record
Documents None
County Suffolk

Property Overview

Property Type
4 Family
Listing Type
For Sale
Year Built
1930
Bedrooms
10
Full Bathrooms
4
Living Area
4,032 sq ft
Total Rooms
18
Stories
2
Levels
2

Floor Layout

Interior Features

Flooring: Wood
Appliances:
Interior Features:
Windows:
Basement: Full
Laundry:
Security:

Construction & Materials

Year Built: 1930
Structure Type:
Exterior Materials: Frame
Roof: Rubber
Foundation: Concrete Perimeter
Stories: 2

Utilities & Systems

Heating:
Cooling:
Hot Water: Natural Gas, Tank
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface: Paved

Parking & Garage

Garage Spaces: 5
Total Parking Spaces: 17
Parking Features: Paved Drive, Off Street

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
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Including down payment
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Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $701
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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$0/mo
Save $0/mo
Current Rate
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+0.5% Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

42 Florida St, Boston MA 02124

Boston, MA 02124

Listing Information

Listing Agent Matthew M. Jenkins
Listing Office Shore Real Estate LLC
Office Phone 617-320-7177
Agent MLS ID A8000151
Office MLS ID AN8998
Listing Data Updated Oct 22, 2026 3:40 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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