NOT LISTED FOR SALE

Estimated Value: $1,075,000 - $1,278,932

11 Beds
3 Baths
3,960 Sq Ft
$307/Sq Ft Est. Value

Last Sold April 27, 2022

Last sale price $1,200,000 $303 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $7,372/month

2 Days on Market

Highlights

  • Granite Flooring
  • Jogging Path
  • Park
  • Property is near public transit
  • Enclosed Patio or Porch
  • 3-minute walk to Children's Park

About This Home

As of April 2022

Looking for your next investment property? Look no further. Take pride in owning this solid 3 family home in the RED HOT Dorchester neighborhood. This massive 3 Family is fully rented with two 4 bed units and one 3 bed unit on leases. Rare opportunity to buy stabilized investment property with HIGH RENTS, grossing $8,555 a month. This asset will cash flow from day 1. All 3 units come with Lead Compliance Certificates. Large basement with the potential to add additional dwelling unit. Separate utilities (except water). Conveniently located near Public Transportation, Parks and other local amenities. Perfect property for seasoned or new investors.

Last Agent to Sell the Property

Julian Addy

William Raveis R.E. & Home Services Listed on: 03/10/2022

William Raveis R.E. & Home Services

Last Buyer's Agent

Christine Do

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,865

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot
  • Fenced

Home Design

  • Triplex
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,960 Sq Ft Home
  • Insulated Windows
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Granite
  • Vinyl

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Enclosed Patio or Porch
  • Rain Gutters

Location

  • Property is near public transit

Utilities

  • 3 Heating Zones
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $8,555
  • Assessor Parcel Number 1300319

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path

Building Details

  • Net Operating Income $102,660

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,865

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1900
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood,Vinyl
  • Fireplace YN: No
  • Appliances: Gas Water Heater
  • Total Bedrooms: 11
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • Living Area: 3960
  • Stories Total: 6
  • Window Features: Insulated Windows
  • MAIN LO: AC1495
  • MAIN SO: BB4624

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Granite
  • Patio And Porch Features: Porch, Enclosed
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Electric: Circuit Breakers
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Other

Lot Info

  • Parcel Number: 1300319
  • Zoning: R3
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.1
  • Lot Size Sq Ft: 4356
  • Lot Size Units: Acres
  • LOT SIZE: 4500

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5865

Multi Family

  • Net Operating Income: 102660
  • Number Of Units Total: 3
  • Total Actual Rent: 8555
  • LEVELS 1: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2022
Closed on
Mar 31, 2022
Sold by
Mushroom Investments Llc
Bought by
Vu Hien T
Seller's Agent
Julian Addy
William Raveis R.E. & Home Services
Buyer's Agent
Christine Do
Keller Williams Realty
List Price
$1,150,000
Sold Price
$1,200,000
Premium/Discount to List
$50,000
4.35%
Current Estimated Value
$1,214,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,233
Avg. Annual Appreciation
0.33%
Original Mortgage
$900,000
Outstanding Balance
$841,674
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$372,559

Purchase Details

Closed on
Nov 9, 2011
Sold by
Lederer Karen A and Lederer Andrew D
Bought by
Mushroom Invst Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,750
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 28, 2011
Sold by
Townsend Investments L
Bought by
Lederer Karen A and Lederer Andrew D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,750
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 23, 2010
Sold by
Powellton Llc
Bought by
Townsend Investments L

Purchase Details

Closed on
Sep 8, 2008
Sold by
Henry Earl
Bought by
Powellton Road Llc

Purchase Details

Closed on
May 9, 2008
Sold by
Us Bk
Bought by
Henry Earl

Purchase Details

Closed on
Jul 3, 2006
Sold by
Hart Angela and Us Bk Na
Bought by
Us Bk Na

Purchase Details

Closed on
Dec 23, 2004
Sold by
Bowen Rlty & Mgmt Llc
Bought by
Hart Angela

Purchase Details

Closed on
Aug 28, 2002
Sold by
Mcdonald David E
Bought by
Bowen Winston E

Purchase Details

Closed on
Nov 29, 1996
Sold by
Vanallen Charles
Bought by
Bowen Winston E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Vu Hien T $1,200,000 None Available
Mushroom Invst Llc -- --
Mushroom Invst Llc -- --
Lederer Karen A $345,000 --
Lederer Karen A $345,000 --
Townsend Investments L -- --
Townsend Investments L -- --
Powellton Road Llc -- --
Powellton Road Llc -- --
Henry Earl $255,000 --
Henry Earl $255,000 --
Us Bk Na $454,311 --
Us Bk Na $454,311 --
Hart Angela $519,000 --
Hart Angela $519,000 --
Bowen Winston E $132,043 --
Bowen Winston E $132,043 --
Bowen Winston E $39,000 --
Bowen Winston E $39,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vu Hien T $900,000
Previous Owner Lederer Karen A $258,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2022 04/27/22 Sold $1,200,000 +4.3% $303 / Sq Ft
03/13/2022 03/13/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $1,150,000 -- $290 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $11,746 $1,014,300 $267,400 $746,900
2024 $9,856 $904,200 $252,400 $651,800
2023 $6,318 $588,300 $205,200 $383,100
2022 $5,818 $534,700 $186,500 $348,200
2021 $5,332 $499,700 $174,300 $325,400
2020 $5,206 $493,000 $175,900 $317,100
2019 $4,516 $428,500 $124,200 $304,300
2018 $4,491 $428,500 $124,200 $304,300
2017 $4,239 $400,300 $124,200 $276,100
2016 $3,829 $348,100 $124,200 $223,900
2015 $3,747 $309,400 $106,900 $202,500
2014 $3,573 $284,000 $106,900 $177,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72951121

MLS Property Information Network (MLS PIN)

APN: DORC-000000-000014-000397