55 Spencer St, Dorchester, MA, 02124
About This Home
We are pleased to present this three-family home in the heart of Dorchester—an exceptional opportunity for both owner-occupants and investors alike. This well-maintained property features three generously sized, thoughtfully updated units, offering immediate rental income and long-term growth potential. All Units will be delivered vacant, providing maximum optionality to the buyer. This presents the perfect chance for an owner-occupant to move in and offset their mortgage with rental income from the other two units. Conveniently located near Talbot Ave Station and Interstate 93, the property offers easy access to downtown Boston and the surrounding neighborhoods—an ideal blend of comfort, convenience, and investment potential. Priced to sell & now delivered vacant!
Getting Around
Very Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1910
Materials
- Foundation: Other
- Roof: Rubber
- Construction materials: See Remarks
Type & Style
- Home type: MultiFamily
- Property subType: 3 Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 11
- Bathrooms: 3
- Full bathrooms: 3
Features
- Finished area above ground: 4,080
Interior Area
- Total structure area: 4,080
- Total interior livable area: 4,080 sqft
Property
Details
- Parcel number: 1297429
- Zoning: 9
Lot
- Lot size: 3,933 sqft
- Features: Other
Parking
- Total spaces: 2
- Uncovered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Massachusetts Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $6,062 | $72,744 |
| Home Insurance * | $428 | $5,136 |
| Property Taxes | $1,160 | $13,920 |
| Electricity | $804 | $9,654 |
| Total | $8,454 | $101,448 |
Income You'd Need if You Spent...
Massachusetts FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-14 | Price change | $1,075,000 |
| 2026-08-04 | Price change | $1,189,000 |
| 2026-06-17 | Listed for sale | $1,199,000 |
| 2020-10-23 | Sold | $900,000 |
| 2020-09-14 | Sold | $710,000 |
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