Neponset Apartments and Condos in Dorchester, MA

South Dorchester's Neponset neighborhood has quickly become a favorite with discerning buyers and renters on a budget. The community is located in the southeastern corner of Dorchester along the Neponset River. It includes the area around Neponset Avenue near the edge of Dorchester Center and Adams Village. From here, getting to central Boston is easy. Residents can commute by car or take advantage of MBTA buses and Red Line transit service. Quiet streets, architecturally diverse homes and beautiful surroundings make Neponset an excellent choice for anyone. In fact, property values have increased by nearly 10 percent because more people are catching on to the many perks that this neighborhood has to offer.

Real Estate in South Dorchester

Within Neponset, there are waterfront recreation areas, suburban communities and business zones along the main boulevards. For the most part, Neponset is known for its residential neighborhoods that are filled with homes constructed during the early and mid-1900s. There are some single-family homes and a large number of historic multi-family buildings where you'll find condos and apartments. Each of these housing options has become increasingly popular due to the overall quality and affordability.

Condos and Homes

Here's why Neponset is such a popular location. Many properties are available for less than $300,000, and some are listed as low as $200,000. If you're ready to graduate to a single-family home, Neponset has prime buildings available in the $500,000s. The median home price is $385,000 or about $245 per square foot, which is an absolute bargain in such a great neighborhood. Single-family homes aren't the only option. You can also choose from condos and apartments if you enjoy the comfort and convenience of maintenance and other services.

Neponset Apartments

If you want to continue renting, you'll find many fully equipped apartments in the $2,000 range. Some traditional apartments of all sizes are renting for less than $1,800. That's approximately $1.60 per square foot.

Luxury housing options are also available. Premium condos and apartments are located in historic homes and new constructions. In this housing segment, many high-end features are available, including hardwood floors, central heating and air, stainless steel appliances, granite counters and more. All of these items are available at an unbeatable value. Plus, more luxury properties are becoming available as new buildings are completed.

In Neponset and South Dorchester, you really can afford it all. Whether you're interested in buying or prefer renting, Boston City Properties can find you a home with more space, a great location and luxury amenities. Our agents will work with you to define your requirements, find suitable properties and schedule showings. We won't stop searching until you find the perfect property. To start the process, we'll create a personalized selection of listings that match your requirements. You can view photos and specifications. When you find a listing that appeals to you, we'll schedule a showing at a time that fits your schedule. If you decide it's a good fit, your agent will finalize the details, and you can move in when you're ready. To get started, use our search tool, or give us a call at 617-247-1933.

Located in the southeast part of Boston, this district is one of the most densely populated parts of the city. It is home to some of the most coveted attractions, including the Gillette Stadium, which is a major event venue that is home to many big-name concerts and sporting events. This district of Boston is also distinguished by its abundance of scenic spots and recreational opportunities, particularly among the Neponset River Reservation, which runs from Milton, MA to the Boston Harbor. Recreational opportunities like hiking and boating are found along the river, and it is a prime site for marshland and freshwater wetlands. The district’s proximity to downtown Boston and its picturesque setting make it appealing for both residents and businesses, and that mutual attraction is evidenced in the good health of both the city’s residential and commercial retail markets. The housing market contains a mixed variety of single-family homes and multi-family units like condominiums and apartments. Price points for both types of homes are relatively low compared to some other parts of Boston, which makes this district appealing for prospective renters and owners. House prices across the district are influenced by a number of factors, including the type of home for sale or rent, its age, its proximity to public transportation and its convenience to the region’s busiest highways and roadways. While new construction is more or less at a standstill in the commercial sector, there is still new construction underway in the residential market, although it is less common than in other parts of the state and in other major metro areas across the country. Instead, many older buildings are being renovated and improved to make way for modern living. As in other areas around Boston, there are also some homes on the market that are at risk of foreclosure, or that are available in the stage of pre-foreclosure. Homes and property in these categories can translate to a good deal for incoming occupants, but interested buyers are advised to seek the help of a real estate agent before entering into such arrangements, as they can be complex and time-consuming and come with unwanted strings attached.

Those looking to have a home or apartment close to where they work are in luck, as this part of the city is rife with public transportation. Public transportation is available by commuter rail and bus, both of which are operated by the MBTA. Location varies among offerings on the residential market, as does the size of homes and apartment units. A two-bedroom and two-bathroom condo can be purchased for an average price of $300,000, but a number of factors can make the price of a condo with those dimensions rise or fall. Homes listed on the foreclosure market are also generally less expensive, as they are intended to be sold quickly. Condos in this district range from single bedroom and one-bathroom units to expansive condos and apartments that have four or more bedrooms and multiple bathrooms.

Two-bedroom and three-bedroom condos and apartments are some of the most commonly requested units, and there are multiple options for both on the market. An example of a two-bedroom condo that one can look at is a condo unit for sale on Spaulding St. The property covers a total area of 1,311 SF, and it has a single bathroom. The building is located in a scenic setting at the top of Popes Hill. It has been recently renovated and equipped with a number of desirable features, in terms of both functional additions and aesthetic improvements. Some improvements to the building are a renovated kitchen, which has been outfitted with stainless steel appliances. The bathroom has been modernized as well, and there is room for expansion on the first floor. The second floor of the condo is ready for a custom finish. There is a large bonus room on the second floor that can be used for a bedroom or a home office. An attic, which is currently unfinished, provides incoming occupants with additional storage space. The unit also has its own private outdoor space, which comes in the form of front and rear decks that are perfect for sipping coffee and entertaining in warm weather. The condo has an expansive back yard that has more potential for recreation and outdoor activities. The building is located conveniently close to the T, and it is within walking distance of a number of local conveniences like restaurants, grocery stores, coffee shops and retailers. Living here, as is the case with many multi-family units in the Greater Boston area, tenants are responsible for paying a homeowner’s association fee, which in turn provides them with basic upkeep and maintenance services like garbage and trash removal, snow plowing, and lawn mowing during warmer months. The homeowner’s association fee for this building is about $165 per month.

Freestanding single-family homes, both new and existing, are also available in this dynamic market. An example of a single-family home that one might find is a three-bedroom and two-bathroom home on Manor Street that covers a total area of 1,325 SF. The house is listed for sale for a price of $427,500. It was built in 1951 and is sited on a small private lot. The house has a sidewalk out front and a private driveway. It is located in a suburban setting and is conveniently located to several public transportation centers, which means that it is easy to get to work and other parts of Boston from here. The house is also close to several busy roadways, which makes traveling in the region a viable option. Newly constructed homes are also being offered for sale in this area. One example of a forthcoming home is a three-bedroom and three-bathroom home under construction on Neponset Ave. The home is part of a two-unit apartment building that offers incoming occupants modern features and a desirable location that is close to public transportation and Boston’s top attractions. The building is offered for a sale price of $739,000. In addition to the living space, it has a two-car garage and a private driveway with parking, which is an increasingly scarce commodity in the Boston area as the city’s population continues to expand. The building features two identical units with European accents inside and three levels of bright and modern living space. The exterior is finished in an attractive Cape Cod style trim with grey boards and white trim around the windows. The interior features an immaculate living space that is airy and spacious. Large windows allow plenty of sunlight to filter through all levels of the building, and plenty of lighting creates a vibrant and welcoming atmosphere after dark and on cloudy days. Adding to the building’s open and welcoming feel is the open floorplan that connects the kitchen and living room in a harmonious manner. High ceilings add to the building’s sense of grandeur, as do small but significant details like crown moldings, surround sound, rich hardwood floors and a gas fireplace that also adds a nice bit of warmth on chilly days. The kitchen has a designer’s edge with features like stainless steel appliances, attractive quartz countertops, and a marble-covered center island that is ideal for food preparation or serving hungry family members and friends. The building also comes with a two-car garage, and it’s considered to be located in one of Boston’s most desirable and up-and-coming neighborhoods.

In addition to the residential sector, the commercial market in this part of Boston is also rife with activity. There are some opportunities available for retailers in the area, but the main focus is on the developing ecommerce and technology sectors. This part of Boston has historically been home to major manufacturing and industrial activities, and there are still a number of large, outdated, and conveniently located warehouses available for sale and rent to interested tenants. Given its proximity to the water, this area was historically supported by maritime activities like fishing, shipping, and maritime-based trade. While those economic activities no longer play a vital role in supporting Boston’s economy, the harbors and inlets that boats and ships once used for docking are being adapted into picturesque settings for restaurants, bars, and retailers. Once defunct waterfront properties are finding a resurgence in renewed interest as developers are transforming ho-hum waterfront stores and shops into blossoming eateries and shops. This part of Boston, which has quite a bit of underutilized space, is starting to play an increasingly important role in supporting the growth of the city’s rising technology and start-up cultures. Of significance in this area is the fact that prices are still quite good for sales and rentals, and there is tremendous opportunity, both now and in the coming years, to have access to the Boston population and Boston’s major transportation areas, which come in the form of both busy roadways and the Boston Logan International Airport, which can easily be utilized by area companies to ship products quickly and easily to more distant locations.

In keeping with the trend in other areas of Boston, there are a variety of commercial facilities available for use in this district. An overwhelming trend is that old and outdated warehouses and industrial facilities are being repurposed and reused to support modern activities. Prices in the commercial sector, as with the residential sector, are better here compared to other parts of the city, and occupants still have access to the same workforce, population, and transportation routes, which means that it makes even more sense to invest in commercial property in the area. In the commercial sector, buildings are available across all categories, which include Class A, Class B, and Class C. Most structures fall into the latter two categories, however, which is good news for both incoming tenants and investors, as sales and rentals of Class B and Class C facilities have been outpacing sales and rentals in Class A buildings consistently throughout 2017. Occupants are finding that Class B buildings offer the most important features that they need, which are enough space and access to primary transportation routes. Class A buildings are generally sought out by companies with specific needs, such as banks and medical practitioners who receive high volumes of customers and need to have consumer-friendly features to remain competitive. In the retail and commercial sectors, single-use and mixed-use facilities are both available, but there has been a recent trend towards investing in mixed-use buildings, as they offer more flexibility for business with a variety of needs, and they can mean a lower rental price for small businesses who may end up sharing their space with other businesses and even residential tenants.

One example of a space that prospective tenants might find to purchase is a general retail space located at 562 Columbia Rd. The space is listed for retail use, but it can also easily be converted into office space. The building covers an area of 22,526 SF, and it has a lot size of 0.17 acres. A key feature of the building is that it is located on a corner and is within walking distance to the MBTA station, which has the commuter rail that reaches key points in Boston, and it is near several of the MBTA bus lines. The building is offered for a sale price of $4.5 million. It was constructed at the turn of the 20th century, and it currently has three retail tenants and the potential for 15 separate apartment units on the upper floors. There is also about 9,600 SF of open space on the third and fourth floors that can be used as either residential or commercial space. Along with the building itself, buyers will have the opportunity to purchase three lots of land behind the building that total close to 30 acres. This is a tremendous opportunity to expand in either a residential or commercial aspect, or a combination of both. The building is well-located, with easy access to Columbia Rd., Dorchester Ave., Sydney St. and several other busy roadways that bring vehicular traffic into the area. The building is located in a very pedestrian-friendly area, which means that it gets quite a bit of foot traffic as well.

Office space is also in demand in this part of Boston, and there are opportunities to buy and rent in this sector as well. One example of office space on the market is a single space in an established building on Ericsson St. The multi-floor building covers a total area of 37,320 SF. The space open for tenants is just under one acre, which leaves plenty of room for growth and expansion. The rental price is not disclosed, but interested occupants can contact the landlord for more financial details. The beautiful facility is a brick building that was constructed at the end of the 1800s. It can be used for many purposes, including warehousing and storage. The third floor, which is bright and well-located, is praised as having some of the best potential for business operations in the Boston area. Upcoming upgrades on the owner’s behalf add to the building’s appeal. The T is close by and it is very easy to reach the downtown center from this building.

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