NOT LISTED FOR SALE

Estimated Value: $2,177,000 - $2,407,000

10 Beds
4 Baths
4,066 Sq Ft
$569/Sq Ft Est. Value

Last Sold October 05, 2022

Last sale price $2,225,000 $547 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $14,824/month

13 Days on Market

Highlights

  • 0.06 Acre Lot
  • Laundry Room
  • 5-minute walk to Sweeney Playground

About This Home

As of October 2022

The property located at 149 W 8th Street in the South Boston, “Southie”, neighborhood, offers the rare opportunity to acquire an outstanding, turn key core asset in an incredible urban-infill location in one of the strongest real estate markets in the country. The Property consists of a gut renovated three-story building containing three units with (1) duplexed 4-Bedroom/2-Bathroom unit and (2) 3-Bedroom/1-Bathroom units with 4,066 square feet of living area. The Property is fully leased (with all units rented until 8/31/23) and has undergone a comprehensive renovation including new electrical and plumbing, new vinyl shingled siding and a new roof among many of the upgrades. All units feature condo quality finishes including new kitchens and bathrooms with modern amenities, new forced hot air heating and central air conditioning systems and luxury, vinyl plank flooring throughout. Building amenities include private storage for tenants, coin-op laundry, rear decks and a shared backyard.

Last Agent to Sell the Property

John Pentore

Horvath & Tremblay Listed on: 07/14/2022

Co-Listed By

Dennis Kelleher

Horvath & Tremblay

Last Buyer's Agent

Dennis Kelleher

Horvath & Tremblay

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,275

Year Built

  • Built in 1890

Lot Details

  • 2,613

Home Design

  • Triplex
  • Frame Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,066 Sq Ft Home
  • Partially Finished Basement
  • Partial Basement
  • Laundry Room

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 4 Full Bathrooms

Parking

  • Driveway
  • Open Parking

Additional Features

  • 2,613 Sq Ft Lot
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $12,700
  • Assessor Parcel Number 1409945

Community Details

Overview

  • 3 Units
  • Property has 2 Levels

Building Details

  • Operating Expense $33,717
  • Net Operating Income $119,263

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,275

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1890
  • Buyer Agency: 2
  • Transaction Broker: 0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None
  • Stories: 6

Interior Features

  • Fireplace YN: No
  • Appliances: Gas Water Heater
  • Total Bedrooms: 10
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bathrooms: 4
  • Laundry Features: Laundry Room
  • Basement: Partial, Partially Finished
  • Living Area: 4066
  • Stories Total: 6
  • MAIN LO: AN2723
  • LIST PRICE PER Sq Ft: 577.96
  • PRICE PER Sq Ft: 547.22
  • MAIN SO: AN2723

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Rubber
  • Waterfront Features: Beach Front, Bay, 1 to 2 Mile To Beach
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel Number: 1409945
  • Zoning: R3
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Size Sq Ft: 2613
  • Lot Size Units: Acres
  • PAGE: 00295
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 19275.01
  • Tax Book Number: 58174

Multi Family

  • Gross Income: 153000
  • Net Operating Income: 119263
  • Number Of Units Total: 3
  • Operating Expense: 33717
  • Total Actual Rent: 12700
  • LEVELS 1: 2
  • Basement Included Sq Ft: Yes
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 3, 2017
Sold by
Binda Ft 2015
Bought by
149 West 8Th Street Ll
Current Estimated Value
$2,313,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,037,500
Interest Rate
4.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 21, 2015
Sold by
Binda Frank E
Bought by
Binda Ft

Purchase Details

Closed on
Aug 7, 2008
Sold by
Binda Frank E
Bought by
Binda Frank E and Binda Julia A

Purchase Details

Closed on
Oct 19, 2006
Sold by
Binda Denise K and Calderara Denise K
Bought by
Binda Frank E

Purchase Details

Closed on
Aug 3, 1992
Sold by
Cavanaugh Barbara M and Cavanaugh John W
Bought by
Binda Denise K and Binda Frank A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
8.46%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
149 West 8Th Street Ll $1,000,000 --
Binda Ft -- --
Binda Frank E -- --
Binda Frank E -- --
Binda Denise K $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Disipio Joseph $1,585,000
Closed 149 West 8Th Street Ll $1,037,500
Previous Owner Cavanaugh John W $60,000
Previous Owner Cavanaugh John W $30,500
Previous Owner Cavanaugh John W $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2022 10/05/22 Sold $2,225,000 -5.3% $547 / Sq Ft
07/28/2022 07/28/22 Pending -- -- --
07/14/2022 07/14/22 For Sale $2,350,000 -- $578 / 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 $24,569 $2,121,700 $453,500 $1,668,200
2024 $22,491 $2,063,400 $334,100 $1,729,300
2023 $21,310 $1,984,200 $321,300 $1,662,900
2022 $19,275 $1,771,600 $286,900 $1,484,700
2021 $18,002 $1,687,200 $273,200 $1,414,000
2020 $15,712 $1,487,900 $292,200 $1,195,700
2019 $12,452 $1,181,400 $205,500 $975,900
2018 $10,698 $1,020,800 $205,500 $815,300
2017 $10,291 $971,800 $205,500 $766,300
2016 $9,295 $845,000 $205,500 $639,500
2015 $7,893 $651,800 $170,800 $481,000
2014 $7,128 $566,600 $170,800 $395,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73012097

MLS Property Information Network (MLS PIN)

APN: SBOS-000000-000007-000295