
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.
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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Refrigerator • Freezer • Washer • Dryer
Geography
Property History
$1,450,000
Sep 10, 2026
MLS® 73575463
$1,450,000
Sep 10, 2026
MLS® 73575457
$1,450,000
Sep 10, 2026
MLS® 73575457
Listing Agent: Matt Colaneri
Listing Office: Coldwell Banker Realty - Boston
MLS® Number: 73575463

