$1,250,000
SOLD NOV 26, 2024
5 Beds
3 Baths
2,930 Sq Ft
2,170 Sq Ft Lot

Recently Sold

$427 Per Sq Ft

11% Below List Price

12 Days on Market

Highlights

  • Property is near public transit
  • 2-minute walk to Chiswick Road Station
  • 4-minute walk to Shubow Park
  • Shops

About This Home

As of November 2024

**** INVESTMENT OPPORTUNITY**** Well maintained brick building containing two (2) Residential Units comprised of one (1), 2-bedroom/1-bathroom unit, and one (1) 3-bedroom/2-bathroom duplex unit.Prominently positioned in the vibrant Brighton neighborhood of Boston. Ideally located next to Commonwealth Avenue, this Property presents a unique opportunity to acquire a fully leased core asset in an exceptional urban-infill location within one of the nation's most robust real estate markets. The Property also includes two (2) off street parking spaces for additional income. Fully leased with in unit laundry, and below market rents. Opportunity to increase cash flow by achieving market rents through strategic lease renewals. The Property is separately metered for electricity, which the tenants pay directly. The landlord is responsible for common area electric, and domestic water and sewer.

Last Agent to Sell the Property

Giancarlo Tiberi

Core Property Group, LLC Listed on: 10/07/2024

Last Buyer's Agent

Giancarlo Tiberi

Core Property Group, LLC Listed on: 10/07/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,248

Year Built

  • Built in 1910

Home Design

  • Brick Foundation

Interior Spaces

  • 2,930 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Parking Spaces
  • Off-Street Parking

Additional Features

  • 2,170 Sq Ft Lot
  • Property is near public transit

Listing and Financial Details

  • Total Actual Rent $5,750
  • Assessor Parcel Number W:21 P:02604 S:000,1218488

Community Details

Building Details

  • Operating Expense $18,848
  • Net Operating Income $50,152

Additional Features

  • 2 Units
  • Shops

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,248

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1910
  • Year Built Details: Approximate
  • 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: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Living Area: 2930
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AC1676
  • LIST PRICE PER Sq Ft: 477.82
  • PRICE PER Sq Ft: 426.62
  • MAIN SO: AC1676

Exterior Features

  • Foundation Details: Brick/Mortar
  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping
  • Senior Community YN: No

Lot Info

  • Parcel Number: W:21 P:02604 S:000,1218488
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Size Sq Ft: 2170
  • Lot Size Units: Acres
  • PAGE: 66
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 13248
  • Tax Book Number: 52059

Multi Family

  • Gross Income: 69000
  • Net Operating Income: 50152
  • Number Of Units Total: 2
  • Operating Expense: 18848
  • Total Actual Rent: 5750
  • LEVELS 1: 2
  • 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
Aug 25, 2023
Sold by
Goldman Gregory M and Ahr Meredith
Bought by
15 Wallingford Road Llc
Current Estimated Value
$1,287,421

Purchase Details

Closed on
Apr 9, 2021
Sold by
Gri Llc
Bought by
Goldman Gregory M and Ahr Meredith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Jul 18, 2013
Closed on
Oct 1, 2013
Sold by
Goldman Gregory M
Bought by
Gri Llc
Seller's Agent
Shannon Saleh
Redfin Corp.
Buyer's Agent
Kevin Cleary
RE/MAX Select Realty
List Price
$679,000
Sold Price
$679,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.43%
Original Mortgage
$509,250
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 18, 2013
Closed on
Aug 29, 2013
Sold by
Herzog Mary
Bought by
Kell Thomas A
Seller's Agent
Shannon Saleh
Redfin Corp.
Buyer's Agent
Kevin Cleary
RE/MAX Select Realty
List Price
$679,000
Sold Price
$679,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$509,250
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2000
Sold by
Schneider Rachel S and Schneider Ilya
Bought by
Herzog Mary and Kell Thomas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
7.64%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Deed $475,000 --
Deed $475,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $540,000 Commercial
Closed $540,000 Commercial
Previous Owner $493,000 Adjustable Rate Mortgage/ARM
Previous Owner $480,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $533,000 No Value Available
Previous Owner $509,250 New Conventional
Previous Owner $225,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2024 11/26/24 Sold $1,250,000 -10.7% $427 / Sq Ft
10/19/2024 10/19/24 Pending -- -- --
10/07/2024 10/07/24 For Sale $1,400,000 +106.2% $478 / Sq Ft
09/03/2013 09/03/13 Sold $679,000 0.0% $309 / Sq Ft
08/04/2013 08/04/13 Pending -- -- --
07/18/2013 07/18/13 For Sale $679,000 -- $309 / 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 $15,030 $1,297,900 $291,600 $1,006,300
2024 $13,248 $1,215,400 $264,600 $950,800
2023 $13,053 $1,215,400 $264,600 $950,800
2022 $12,838 $1,180,000 $256,900 $923,100
2021 $12,591 $1,180,000 $256,900 $923,100
2020 $11,710 $1,108,900 $234,800 $874,100
2019 $10,928 $1,036,800 $186,600 $850,200
2018 $10,654 $1,016,600 $186,600 $830,000
2017 $10,448 $986,600 $186,600 $800,000
2016 $9,693 $881,200 $186,600 $694,600
2015 $7,555 $623,900 $140,335 $483,565
2014 $6,246 $496,500 $165,100 $331,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73299592

MLS Property Information Network (MLS PIN)

APN: BRIG-000000-000021-002604