$720,000
SOLD DEC 31, 2023
5 Beds
2 Baths
1,750 Sq Ft
1,958 Sq Ft Lot

Recently Sold

$411 Per Sq Ft

1% Below List Price

29 Days on Market

About This Home

As of December 2023

Introducing an exceptional investment property located in the thriving Orient Heights neighborhood of East Boston! The current owner has diligently made numerous updates to this building, ensuring it is primed and ready for a new owner to step in and start earning rental income. Don't miss the opportunity to schedule your private showing today and discover the potential this property holds. Detailed expense information is available upon request.

Last Agent to Sell the Property

ryan taylor

Fortune RE Listed on: 10/04/2023

Co-Listed By

Brayden Haney

Fortune RE

Last Buyer's Agent

Yanilsa Nunez

Boston Realty Services and Partners, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,020

Year Built

  • Built in 1900

Lot Details

  • 1,958 Sq Ft Lot
  • Corner Lot

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 1,750 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Community Details

  • 2 Units
  • Net Operating Income $54,000

Listing and Financial Details

  • Total Actual Rent $4,500
  • Assessor Parcel Number 1328016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,020

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1900
  • Buyer Agency: 2
  • Transaction Broker: 0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Living Area: 1750
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN5321
  • LIST PRICE PER Sq Ft: 414.29
  • PRICE PER Sq Ft: 411.43
  • MAIN SO: AN5486

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Waterfront Features: Beach Front, 1/2 to 1 Mile To Beach
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: 1328016
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.04
  • Lot Size Area: 0.04
  • Lot Size Sq Ft: 1958
  • Lot Size Units: Acres
  • PAGE: 2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6020
  • Tax Book Number: 1

Multi Family

  • Gross Income: 54000
  • Net Operating Income: 54000
  • Number Of Units Total: 2
  • Total Actual Rent: 4500
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2020
Sold by
Vitello Harriet
Bought by
114 Moore Rt and Vitello
Current Estimated Value
$750,995

Purchase Details

Closed on
Apr 1, 1993
Sold by
Vitello Rev Tr Mary S and Costello Lillian
Bought by
Vitello Albert and Vitello Harriet
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Quit Claim Deed -- None Available
Deed $45,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $711,412 FHA
Closed $706,959 FHA
Closed $457,500 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2023 12/31/23 Sold $720,000 -0.7% $411 / Sq Ft
11/03/2023 11/03/23 Pending -- -- --
10/04/2023 10/04/23 For Sale $725,000 +18.9% $414 / Sq Ft
03/03/2022 03/03/22 Sold $610,000 0.0% $355 / Sq Ft
11/01/2021 11/01/21 For Sale $609,900 -- $355 / Sq Ft
10/29/2021 10/29/21 Pending -- -- --
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 $7,420 $640,800 $263,800 $377,000
2024 $6,414 $588,400 $217,500 $370,900
2023 $6,020 $560,500 $207,200 $353,300
2022 $5,696 $523,500 $193,500 $330,000
2021 $5,320 $498,600 $184,300 $314,300
2020 $5,017 $475,100 $186,700 $288,400
2019 $4,552 $431,900 $127,500 $304,400
2018 $4,115 $392,700 $127,500 $265,200
2017 $3,762 $355,200 $127,500 $227,700
2016 $3,552 $322,900 $127,500 $195,400
2015 $3,086 $254,800 $87,500 $167,300
2014 $2,809 $223,300 $87,500 $135,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73166627

MLS Property Information Network (MLS PIN)

APN: EBOS-000000-000001-004287