Active
2 Days on market
588 Gallivan Blvd Boston — Photo 1 of 41

588 Gallivan Blvd Boston — Photo 1 of 41

$1,450,000

Investment Analysis — 588 Gallivan Blvd

Boston, MA 02124 — Dorchester

Based on rent reported on the MLS listing, a 2-unit multi-family in 02124 carries $13,300/mo in gross rent — about a 7.44% cap rate and $107,932/yr in estimated NOI at the $1,450,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

10

Baths

6

SqFt

4,094

Style

2 Family - 2 Units Up/Down

Built

1928

Set in the heart of Dorchester's Adams Village, 588 Gallivan Blvd was fully renovated in 2021. This two-family has generously sized units and thoughtful bonus space throughout. Unit 1 features four bedrooms and two full bathrooms, plus a lower-level bonus space with legal egress, its own full bathroom, and a kitchenette, ideal as a guest suite, home office, or extended-family space within the unit. Unit 2 offers five bedrooms and three full bathrooms in a layout that largely mirrors Unit 1, with a private staircase leading up to a third-floor bedroom featuring its own en-suite bathroom, an ideal setup for a roommate arrangement, an extended family, or a live-in owner seeking privacy. Both units place tenants and owners alike within easy walking distance of Adams Village's growing restaurant scene, including The Industry, Molinari's, and Landmark Public House, plus Crunch Fitness and the everyday neighborhood retail that keeps rental demand in this corridor consistently strong. Commuter access is excellent, with Route 93 minutes away by car, MBTA bus service running nearby, and Ashmont Red Line Station within walking distance, putting downtown Boston well within reach for tenants who work in the city. Both units are equipped with central air conditioning, gas heat, and on-demand hot water heaters. Turnkey for an investor and full of upside for an owner-occupant looking to offset a mortgage with rental income, 590 Gallivan Blvd is a rare opportunity to own a spacious, income-ready two-family in one of Dorchester's most walkable, amenity-rich villages, with a rental history that reflects consistently strong tenant demand.

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.

Open Houses

Property Details

Financials

Original Price$1,450,000
Annual Taxes$13,364

Parking

Garage2
Off-Street6

Interior Specifications

Total Rooms13
FireplacesNone
FlooringWood, Hardwood, Stone/Ceramic Tile, Tile
BasementFinished, Walk-Out Access, Interior Entry

Climate & Utilities

HeatingCentral, Forced Air, Natural Gas
CoolingCentral Air, Common
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
Roof--
FoundationStone
ZoningR2

Property & Lot

Acres0.11
SqFt Lot5,009
Lot FeaturesCorner Lot, Sloped

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Freezer • Washer • Dryer

Geography

Property History

Listed
$1,450,000

Sep 10, 2026

MLS® 73575463

Listed
$1,450,000

Sep 10, 2026

MLS® 73575457

Terminated
$1,450,000

Sep 10, 2026

MLS® 73575457

Listing Provided By

Listing Agent: Matt Colaneri

Listing Office: Coldwell Banker Realty - Boston

MLS® Number: 73575463