Seller's Agent in 2024
Adam Burns
Burns Realty & Investments
(617) 564-1167
19 in this area
81 Total Sales
169 I St Unit 169A Boston, MA 02127
South Boston NeighborhoodEstimated Value: $1,759,000 - $1,945,000
8
Beds
3
Baths
2,505
Sq Ft
$738/Sq Ft
Est. Value
Highlights
- Marina
- Community Stables
- City View
- Golf Course Community
- Medical Services
- Property is near public transit
About This Home
As of September 2024Welcome to 169 I Street, a quintessential South Boston brick row house. This offering represents a unique opportunity for strong positive cashflow in a fully leased, turn-key, asset through 8/31/2025. Meticulously renovated in 2017, each unit features modern kitchens and bathrooms with mini split heating/cooling, all while maintaining the original Southie charm with exposed brick. Rent of $12,300 per month gross is effective September 1st, 2024. Current rents of $12,000 per month gross. Initial showings will be limited to Unit 1 and basement with review of Unit 2 and 3 with accepted offer.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,471
Year Built
- Built in 1918
Lot Details
- 1,045 Sq Ft Lot
- Near Conservation Area
- Fenced
- Level Lot
- Cleared Lot
Property Views
- City
- Scenic Vista
Home Design
- 2,505 Sq Ft Home
- Brick Foundation
- Stone Foundation
- Frame Construction
- Rubber Roof
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- 3 Full Bathrooms
Finished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Block Basement Construction
Parking
- On-Street Parking
- Open Parking
Outdoor Features
- Bulkhead
- Patio
- Rain Gutters
Location
- Property is near public transit
- Property is near schools
Listing and Financial Details
- Total Actual Rent $12,300
- Assessor Parcel Number 1409524
Community Details
Overview
- 3 Units
- Property has 2 Levels
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Community Pool
- Park
- Community Stables
- Jogging Path
- Bike Trail
Building Details
- Net Operating Income $147,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 1, 2017
Closed on
Oct 12, 2017
Sold by
Thompson Melissa Est and Moccio
Bought by
Thompson Melissa and Moccio James
Seller's Agent
Adam Burns
Burns Realty & Investments
Buyer's Agent
Adam Burns
Burns Realty & Investments
List Price
$899,900
Sold Price
$900,000
Premium/Discount to List
$100
0.01%
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
$947,633
Avg. Annual Appreciation
9.42%
Original Mortgage
$1,050,000
Outstanding Balance
$877,046
Interest Rate
3.82%
Mortgage Type
Unknown
Estimated Equity
$970,587
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Thompson Melissa | -- | -- | |
| Boston Pinnacle Props | $900,000 | -- | |
| Thompson Melissa | -- | -- | |
| Thompson Melissa | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Boston Pinnacle Props | $1,050,000 | |
| Closed | Thompson Melissa | $0 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/11/2024 09/11/24 | Sold | $1,763,020 | -2.0% | $704 / Sq Ft | |
| 07/25/2024 07/25/24 | Pending | -- | -- | -- | |
| 07/22/2024 07/22/24 | For Sale | $1,799,000 | +99.9% | $718 / Sq Ft | |
| 10/12/2017 10/12/17 | Sold | $900,000 | 0.0% | $450 / Sq Ft | View Prior Sale |
| 09/12/2017 09/12/17 | Pending | -- | -- | -- | |
| 07/01/2017 07/01/17 | For Sale | $899,900 | -- | $450 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $15,371 | $1,327,400 | $366,800 | $960,600 |
| 2024 | $14,471 | $1,327,600 | $273,400 | $1,054,200 |
| 2023 | $13,452 | $1,252,500 | $258,000 | $994,500 |
| 2022 | $12,388 | $1,138,600 | $234,500 | $904,100 |
| 2021 | $12,149 | $1,138,600 | $234,500 | $904,100 |
| 2020 | $10,801 | $1,022,800 | $223,100 | $799,700 |
| 2019 | $9,206 | $873,400 | $167,600 | $705,800 |
| 2018 | $8,720 | $832,100 | $167,600 | $664,500 |
| 2017 | $8,388 | $792,100 | $167,600 | $624,500 |
| 2016 | $7,579 | $689,000 | $167,600 | $521,400 |
| 2015 | $7,285 | $601,600 | $143,200 | $458,400 |
| 2014 | $6,436 | $511,600 | $143,200 | $368,400 |
Source: Public Records
Agents Affiliated with this Home
-
Adam Burns
-
Caroline Costello
C
Seller Co-Listing Agent in 2024
Caroline Costello
Burns Realty & Investments
(857) 496-7187
9 in this area
31 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73267791
APN: SBOS-000000-000007-001897
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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