A rare turnkey 7-unit investment property with cultural significance, 27 Dudley Street was once home to Maurice Starr where New Kids on the Block and New Edition rehearsed and recorded. Fully gut-renovated in 2021, it delivers modern finishes including waterfall quartz countertops, central HVAC, in-unit laundry, hardwood floors, and 8+ off-street parking spaces, ensuring strong tenant demand. Generating $22,825/month with a 6.3% cap rate and a projected 7.3% cap rate by 9/1/26, it combines reliable cash flow with potential Opportunity Zone tax advantages. Positioned near public transit, universities, and Longwood Medical Area, this asset offers cultural legacy, premium quality, and growth potential in one of Boston’s fastest-growing neighborhoods. Ideal for 1031 exchange buyers or investors seeking a stable, high-performing asset with long-term appreciation potential. Full pro forma and unit breakdown available on request.
Features
14 bedrooms
11 bathrooms
directions_car8 carspaces
8 open car spaces
6509 sq. ft. floor area
crop_free8241 sq. ft. lot size
cottageOther
Property history for 27 Dudley St
2017
Sold
$1,325,000
14 Sep 2017 by Kevin Garraway, of Preferred Real Estate Group
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Local market activity for 14 bedroom other properties in Boston
Sold
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