
15 Mclellan St Boston — Photo 1 of 42
$999,900
Investment Analysis — 15 Mclellan St
Boston, MA 02121 — Dorchester
Based on rent reported on the MLS listing, a 3-unit multi-family in 02121 carries $4,100/mo in gross rent — about a 2.67% cap rate and $26,697/yr in estimated NOI at the $999,900 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
3
SqFt
4,025
Style
3 Family - 3 Units Up/Down
Built
1910
INVESTORS and OWNER-OCCUPANTS ALIKE!!! ***ASTONISHING*** Opportunity to purchase an excellent 3-family property with over very large floor plates spanning more than 4,000 SF of livable space, at an Unbelievable price point. Unit #1 (2-bed leased through June 2027 at $2,500) and #2 (3-bed, vacant and ready to be moved into) have both been fully remodeled. Must see photos and better yet, must experience it all in person! Unit #3 (2-bed leased through February 2027 at $1,600) is in good condition but can use some value-add TLC in the future. It is currently leased (well under market) until Spring '27. The property is conveniently located right off of Blue Hill Ave, on multiple MTA bus routes, a short 10-minute walk to the Four Corners/Geneva Commuter Rail line, and a very short walk to Franklin Park Zoo (and Golf Course), multiple businesses and restaurants, parks, grocery shops, and much more! Hardwood floors throughout, incredibly well lit with plenty of windows, tall ceilings and large floorplates featuring a Kitchen and Dining room in each unit as well as back and front porches. Shared backyard and a parking space for each unit! UPDATES: electrical systems (2017 - 200amps), siding/gutters (2019), rear porches (2017), front porch (2019), hard wired smoke alarms throughout (2025). ****2nd (Very Likely Final) Open House SATURDAY 09/06 from 11am-1pm**** and OFFERS DUE BY: THURSDAY, 09/10/2026, BY 5PM.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Refrigerator • Freezer • Range Hood
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf
Geography
Property History
$999,900
Aug 25, 2026
MLS® 73567663
$1,095,000
Jul 15, 2026
MLS® 73482464
$1,095,000
Mar 4, 2026
MLS® 73482464
$1,200,000
Jan 2, 2026
MLS® 73454907
$1,200,000
Nov 14, 2025
MLS® 73454907
Listing Agent: The Lindersimao Sales Solutions Team
Listing Office: Prestige Property Solutions, Inc.
MLS® Number: 73567663

