NOT LISTED FOR SALE

Estimated Value: $1,575,000 - $2,026,000

9 Beds
3 Baths
2,976 Sq Ft
$596/Sq Ft Est. Value

Sale Details

Date Sold: April 23, 2024

Last sale price $1,730,000 $581 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $10,164 / mo

35 Days on Market

Highlights

  • Medical Services
  • Jogging Path
  • Shops
  • Property is near public transit and schools
  • Park
  • 4-minute walk to Arthur J. Shallow Playground

About This Home

As of April 2024

146 Webster Avenue offers the opportunity to acquire a fully leased investment property with significant upside in an exceptional, urban-infill location. The Property is ideal for a potential buyer looking for income growth and strong investment returns. Each of the units are separately metered for heat (forced hot water baseboard), hot water and electric. 146 Webster Avenue has been well maintained and underwent extensive renovations to the exterior and interior of the building in 2020. The exterior renovations include new siding and pavers. The interior renovations feature new kitchen cabinets, granite countertops, and stainless-steel appliances with gas stoves and dishwashers. Additionally, the building has a coin-operated laundry facility in the basement. The Property is well located on Webster Avenue seconds from both Hampshire Street and Cambridge Street in the high-density, urban-infill neighborhood of Wellington-Harrington.

Last Agent to Sell the Property

Dennis Kelleher

Horvath & Tremblay Listed on: 01/08/2024

Last Buyer's Agent

Siyin Qu

eXp Realty

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,279

Year Built

  • Built in 1902

Lot Details

  • 1,873

Home Design

  • 2,976 Sq Ft Home
  • Brick Foundation
  • Rubber Roof

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • On-Street Parking
  • Open Parking

Additional Features

  • 1,873 Sq Ft Lot
  • Property is near public transit and schools
  • Separate Meters
  • Unfinished Basement

Listing and Financial Details

  • Total Actual Rent $8,100
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number 402595

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Operating Expense $21,109
  • Net Operating Income $76,811

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,279

Year Built

Built in 1902

Lot Details

1,873 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1902
  • Buyer Agency Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Fireplace YN: No
  • Appliances: Washer, Dryer
  • Total Bedrooms: 9
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Unfinished
  • Living Area: 2976
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN2723
  • MAIN SO: AC0342

Exterior Features

  • Foundation Details: Brick/Mortar
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Electric: Individually Metered
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, Private School, Public School, T-Station, University
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: 402595
  • Zoning: C-1
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.04
  • Lot Size Sq Ft: 1873
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 9279

Multi Family

  • Net Operating Income: 76811
  • Number Of Units Total: 3
  • Operating Expense: 21109
  • Total Actual Rent: 8100
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 3

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/23/2024 04/23/24 Sold $1,730,000 -3.6% $581 / Sq Ft
02/13/2024 02/13/24 Pending -- -- --
02/05/2024 02/05/24 Price Changed $1,795,000 -5.5% $603 / Sq Ft
01/08/2024 01/08/24 For Sale $1,900,000 +38.2% $638 / Sq Ft
11/25/2019 11/25/19 Sold $1,375,000 0.0% $462 / Sq Ft View Prior Sale
09/19/2019 09/19/19 Pending -- -- --
09/16/2019 09/16/19 For Sale $1,375,000 -- $462 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $9,880 $1,555,900 $573,500 $982,400
2024 $9,279 $1,567,400 $621,200 $946,200
2023 $8,470 $1,445,400 $593,100 $852,300
2022 $8,097 $1,367,800 $597,900 $769,900
2021 $5,956 $1,018,100 $586,700 $431,400
2020 $5,797 $1,008,200 $592,200 $416,000
2019 $5,777 $972,500 $580,900 $391,600
2018 $5,253 $835,100 $481,700 $353,400
2017 $5,180 $798,100 $430,700 $367,400
2016 $4,723 $675,700 $337,200 $338,500
2015 $4,561 $583,200 $289,000 $294,200
2014 $4,132 $493,100 $223,900 $269,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73191549

MLS Property Information Network (MLS PIN)

APN: CAMB-000078-000000-000150

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