Seller's Agent in 2024
John Federico, Jr.
Grove Property Group
(617) 523-2505
11 in this area
22 Total Sales
16 Atlantic St Boston, MA 02127
South Boston NeighborhoodEstimated Value: $1,255,000 - $1,609,116
5
Beds
3
Baths
2,300
Sq Ft
$636/Sq Ft
Est. Value
About This Home
As of November 2024Fully renovated two-family home in the heart of South Boston! This property features brand new siding, central A/C and mini splits, hardwood floors, spacious bedrooms, and modern kitchens and bathrooms with stainless steel appliances. Enjoy a large patio space in the rear, perfect for outdoor entertaining. Unit 1 is a large, renovated 1-bedroom unit currently collecting $3,300 a month in rent. Upstairs, you'll find a spacious duplex with 4 bedrooms plus an office, collecting $5,700 a month in rent. There's also potential to add value by converting the basement to a duplex for Unit 1. Additionally, there is room to increase the rent roll after the current lease cycle ends. Low maintenance and ready for new owners to enjoy. The location is fantastic—within walking distance to Broadway shops and restaurants, and next to Thomas Park. Don't miss this incredible opportunity!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,740
Year Built
- Built in 1890
Lot Details
- 2,000 Sq Ft Lot
- Fenced
Interior Spaces
- 2,300 Sq Ft Home
- Property has 1 Level
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Community Details
- 2 Units
- Net Operating Income $108,000
Listing and Financial Details
- Total Actual Rent $9,000
- Assessor Parcel Number 1410970
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 9, 2022
Closed on
Jan 12, 2023
Sold by
Jennings Barry T and Jennings Maryalice B
Bought by
16 Atlantic Street Llc
Seller's Agent
Conor Jennings
Conway - Hanover Team
Buyer's Agent
Frank Kenefick
Dorado Properties
List Price
$1,200,000
Sold Price
$975,000
Premium/Discount to List
-$225,000
-18.75%
Views
28
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$499,508
Avg. Annual Appreciation
13.72%
Original Mortgage
$782,500
Outstanding Balance
$756,122
Interest Rate
6.49%
Mortgage Type
Commercial
Estimated Equity
$707,657
Purchase Details
Closed on
Jul 2, 2021
Sold by
Jennings Barry T and Jennings Maryalice B
Bought by
Jennings Barry T and Jennings Maryalice B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 30, 2019
Sold by
Jennings Barry T and Jennings Maryalice B
Bought by
Jennings Conor S and Jennings Victoria A
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 16 Atlantic Street Llc | $975,000 | None Available | |
| Jennings Barry T | -- | None Available | |
| Jennings Barry T | -- | None Available | |
| Jennings Barry T | -- | None Available | |
| Jennings Conor S | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 16 Atlantic Street Llc | $782,500 | |
| Previous Owner | Jennings Barry T | $585,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/04/2024 11/04/24 | Sold | $1,585,000 | 0.0% | $689 / Sq Ft | |
| 09/23/2024 09/23/24 | Pending | -- | -- | -- | |
| 09/23/2024 09/23/24 | Off Market | $1,585,000 | -- | -- | |
| 06/09/2024 06/09/24 | For Sale | $1,595,000 | +63.6% | $693 / Sq Ft | |
| 01/12/2023 01/12/23 | Sold | $975,000 | -18.8% | $424 / Sq Ft | View Prior Sale |
| 12/02/2022 12/02/22 | Pending | -- | -- | -- | |
| 11/09/2022 11/09/22 | For Sale | $1,200,000 | -- | $522 / 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 | $14,929 | $1,289,200 | $513,600 | $775,600 |
| 2024 | $12,625 | $1,158,300 | $382,200 | $776,100 |
| 2023 | $11,520 | $1,072,600 | $353,900 | $718,700 |
| 2022 | $10,803 | $992,900 | $327,600 | $665,300 |
| 2021 | $10,386 | $973,400 | $321,200 | $652,200 |
| 2020 | $9,988 | $945,800 | $285,200 | $660,600 |
| 2019 | $9,777 | $927,600 | $220,100 | $707,500 |
| 2018 | $9,255 | $883,100 | $220,100 | $663,000 |
| 2017 | $8,502 | $802,800 | $220,100 | $582,700 |
| 2016 | $8,028 | $729,800 | $220,100 | $509,700 |
| 2015 | $6,872 | $567,500 | $154,800 | $412,700 |
| 2014 | $6,076 | $483,000 | $154,800 | $328,200 |
Source: Public Records
Agents Affiliated with this Home
-
John Federico, Jr.
-
Carlisle Group
Buyer's Agent in 2024
Carlisle Group
Compass
(973) 219-3337
250 in this area
544 Total Sales
-
C
Seller's Agent in 2023
Conor Jennings
Conway - Hanover Team
-
Frank Kenefick
F
Buyer's Agent in 2023
Frank Kenefick
Dorado Properties
(617) 430-6028
4 in this area
5 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73249561
APN: SBOS-000000-000007-001033
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.
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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