NOT LISTED FOR SALE
40 Beds
27 Baths
500 Sq Ft
-- Built

Sale Details

Date Sold: July 15, 2020

Last sale price $12,500,000 $25,000 Per Sq Ft

26 Days on Market

About This Home

As of July 2020

United Multi Family and Red Dome Realty are pleased to present a five-building, 27 unit portfolio offering located in South Boston. The addresses include 1 Schrepel Place (12 Units), 550 East 3rd St (3 Units), 167 K St (3 Units), 84 Emerson St (3 Units) and 722 East 6th St (6 Units). The offering presents investors with the opportunity to purchase a well-maintained residential portfolio in an irreplaceable location, with upside potential in future rent growth.

Last Agent to Sell the Property

Kurt Cawley

United Multi Family Corporation Listed on: 02/07/2020

Co-Listed By

Kyle Gossett

United Multi Family Corporation

Last Buyer's Agent

Kurt Cawley

United Multi Family Corporation Listed on: 02/07/2020

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Property Details

Home Type

  • Multi-Family

Property Details

Home Type

Multi-Family

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Actual
  • Comp Based On: Gross/Full Sale Price
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Flrs: 3
  • No Bedrooms: 40
  • Total Brs: 40
  • Full Bathrooms: 27
  • Total Fbh: 27
  • No Rooms: 7
  • Basement: Y
  • Main Lo: NB4674
  • Main So: NB4674

Exterior Features

  • Beachfront Flag: Yes
  • Foundation: Poured Concrete

Garage/Parking

  • Parking Spaces: 8

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water

Lot Info

  • Lot Description: Corner

Multi Family

  • Total Levels: 2
  • No Units: 27
  • Mf Type: 5+ Family - 5+ Units Up/Down

Tax Info

  • Taxes: 69743.00
  • Assessor Parcel Number: 3340349

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2020
Closed on
Jul 9, 2020
Sold by
Schrepel Place Rt and Plunkett
Bought by
Seller's Agent
Kurt Cawley
United Multi Family Corporation
Buyer's Agent
Kurt Cawley
United Multi Family Corporation
List Price
$15,000,000
Sold Price
$12,500,000
Premium/Discount to List
-$2,500,000
-16.67%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$5,750,000 None Available
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/15/2020 07/15/20 Sold $12,500,000 -8.4% $25,000 / Sq Ft
03/04/2020 03/04/20 Pending -- -- --
02/18/2020 02/18/20 Price Changed $13,650,000 -9.0% $27,300 / Sq Ft
02/07/2020 02/07/20 For Sale $15,000,000 -- $30,000 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $48,844 $4,217,967 $1,053,499 $3,164,468
2024 $47,041 $4,315,702 $1,053,499 $3,262,203
2023 $47,506 $4,423,280 $1,053,499 $3,369,781
2022 $46,139 $4,240,674 $1,053,499 $3,187,175
2021 $45,062 $4,223,234 $861,224 $3,362,010
2020 $36,508 $3,457,155 $861,224 $2,595,931
2019 $35,332 $3,352,151 $861,242 $2,490,909
2018 $33,515 $3,198,034 $818,158 $2,379,876
2017 $32,244 $3,044,780 $781,204 $2,263,576
2016 $20,229 $1,839,042 $725,860 $1,113,182
2015 $19,155 $1,581,749 $402,776 $1,178,973
2014 $18,600 $1,478,573 $358,052 $1,120,521
Source: Public Records

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72617154

MLS Property Information Network (MLS PIN)
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