Active
18 Days on market
15 Mclellan St Boston — Photo 1 of 42

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.

View Standard Listing

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

Original Price$999,900
Annual Taxes$10,695

Parking

Garage0
Off-Street3

Interior Specifications

Total Rooms16
FireplacesNone
FlooringTile, Hardwood
BasementFull, Interior Entry, Unfinished

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningR3

Property & Lot

Acres0.09
SqFt Lot4,000
Lot FeaturesGentle Sloping

Amenities & Appliances

Range • Dishwasher • Disposal • Refrigerator • Freezer • Range Hood

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf

Geography

Property History

Listed
$999,900

Aug 25, 2026

MLS® 73567663

Terminated
$1,095,000

Jul 15, 2026

MLS® 73482464

Listed
$1,095,000

Mar 4, 2026

MLS® 73482464

Terminated
$1,200,000

Jan 2, 2026

MLS® 73454907

Listed
$1,200,000

Nov 14, 2025

MLS® 73454907

Listing Provided By

Listing Agent: The Lindersimao Sales Solutions Team

Listing Office: Prestige Property Solutions, Inc.

MLS® Number: 73567663