NOT LISTED FOR SALE

130 Myrtle St Boston, MA 02114

Beacon Hill Neighborhood
11 Beds
9 Baths
6,122 Sq Ft
1,475 Sq Ft Lot

Last Sold December 22, 2022

Last sale price $6,000,000 $980 Per Sq Ft

63 Days on Market

Highlights

  • Medical Services
  • 5-minute walk to Charles/Mgh Station
  • Wood Flooring
  • Deck
  • Property is near public transit
  • 3-minute walk to Myrtle Street Playground

About This Home

As of December 2022

This is an amazing Investment opportunity for a 8 unit building in Beacon Hill. Fully rented. Annual rent is $300,000 and annual expenses are $51,729. The building has been meticulusly maintained and shows pride of ownership. Many systems have been replaced and many are brand new. The building is professionaly managed. This makes for a perfect 1031 exchange or simply a blue chip real estate investment. Rents are way below market and could increase up to 6,000 per month on the next rental cycle.

Last Agent to Sell the Property

Mizner+ Montero

Gibson Sotheby's International Realty Listed on: 09/07/2022

Gibson Sotheby's International Realty

Last Buyer's Agent

The Goodrich Team

Compass

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $33,208

Year Built

  • Built in 1899

Lot Details

  • 1,475

Home Design

  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 6,122 Sq Ft Home
  • 2 Fireplaces
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 9 Full Bathrooms

Location

  • Property is near public transit
  • Property is near schools

Additional Features

  • Deck
  • 1,475 Sq Ft Lot
  • Natural Gas Connected

Listing and Financial Details

  • Total Actual Rent $25,000
  • Assessor Parcel Number W:05 P:01815 S:000,3354889

Community Details

Overview

  • 8 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops

Recreation

  • Park

Building Details

  • Electric Expense $600
  • Insurance Expense $7,100
  • Water Sewer Expense $2,400
  • Operating Expense $56,729
  • Net Operating Income $300,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$33,208

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1899
  • Buyer Agency: 2
  • Transaction Broker: 2
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 9

Interior Features

  • Flooring: Wood
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Utility Connections for Gas Range
  • Total Bedrooms: 11
  • Full Bathrooms: 9
  • Total Bathrooms: 9
  • Total Bathrooms: 9
  • Basement: Full
  • Living Area: 6122
  • Stories Total: 9
  • MAIN LO: BB5918
  • LIST PRICE PER Sq Ft: 1020.91
  • PRICE PER Sq Ft: 980.07
  • MAIN SO: AN2383

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Deck - Roof
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, Private School, T-Station, University

Fee Information

  • Water Sewer Expenses: 2400

Lot Info

  • Parcel Number: W:05 P:01815 S:000,3354889
  • Zoning: A
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.03
  • Lot Size Area: 0.03
  • Lot Size Sq Ft: 1475
  • Lot Size Units: Acres
  • PAGE: 173
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 33208
  • Tax Book Number: 42245

Multi Family

  • Electric Expense: 600
  • Gross Income: 300000
  • Insurance Expense: 7100
  • Net Operating Income: 300000
  • Number Of Units Total: 8
  • Operating Expense: 56729
  • Total Actual Rent: 25000
  • LEVELS 1: 1
  • Basement Included Sq Ft: Yes
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 4: 2
  • FLRS 3: 2
  • FLRS 2: 1

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2022 12/22/22 Sold $6,000,000 -4.0% $980 / Sq Ft
11/10/2022 11/10/22 Pending -- -- --
10/08/2022 10/08/22 For Sale $6,250,000 0.0% $1,021 / Sq Ft
09/16/2022 09/16/22 Pending -- -- --
09/07/2022 09/07/22 For Sale $6,250,000 -- $1,021 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Mizner+ Montero

    Seller's Agent in 2022

    Mizner+ Montero

    Gibson Sotheby's International Realty

    (781) 894-8282

    2 in this area

    180 Total Sales

    Mizner+ Montero
    Section Image
  • The Goodrich Team

    Buyer's Agent in 2022

    The Goodrich Team

    Compass

    (617) 398-4444

    12 in this area

    451 Total Sales

    The Goodrich Team
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73033616

MLS Property Information Network (MLS PIN)
Massachusetts Suffolk County Boston 02108 Beacon Hill

130 Myrtle St, Boston, MA

This home is located at 130 Myrtle St, Boston, MA 02114 since 07 September 2022. This property was built in 1899. 130 Myrtle St is a home located in Suffolk County with nearby schools including Torit Montessori School, Advent School, and Park Street School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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