NOT LISTED FOR SALE

175 Florence St Roslindale, MA 02131

Roslindale Neighborhood
8 Beds
4 Baths
3,080 Sq Ft
5,449 Sq Ft Lot

Last Sold September 15, 2022

Last sale price $1,215,000 $394 Per Sq Ft

41 Days on Market

Highlights

  • Property is near public transit
  • Corner Lot
  • Tennis Courts
  • Wood Flooring
  • Community Pool
  • 5-minute walk to Healy Playground

About This Home

As of September 2022

ATTENTION INVESTORS: STUNNING, NICELY UPDATED 4-UNIT BUILDING IN A TOP ROSLINDALE VILLAGE LOCATION!!! THIS BUILDING IS A CASH COW AND TURNKEY FOR THE NEXT OWNER. MANY RECENT UPDATES: NEW ROOF, NEW HIGH-EFFICIENCY GAS BOILER, NEW APPLIANCES & GRANITE COUNTERS IN THE KITCHENS, LEAD INSPECTION COMPLIANCE LETTERS IN HAND, 4 CAR GARAGE + OFF-STREET PARKING & REAR PORCHES! THIS IS A GREAT TROPHY BUILDING THAT OFFERS A TOP LOCATION NEAR ROSLINDALE VILLAGE AND THE COMMUTER TRAIN TO BOSTON!!! UNIT MIX IS (4) 2-BEDROOM APARTMENTS WITH 4 FULL BATHS. INCOME IS $111,240/YEAR WITH EXPENSES OF $27,067. THE NOI IS $84,173. THE ESTIMATED CAP RATE IS 6%. THIS IS AN IDEAL 1031 EXCHANGE OR A NICE LONG-TERM INVESTMENT FOR A BUY-AND-HOLD. THIS IS A VERY STABLE, RISK-AVERSE INVESTMENT OPPORTUNITY!

Last Agent to Sell the Property

Steven Musto

Insight Realty Group, Inc. Listed on: 06/23/2022

Co-Listed By

Michael McGuire

Insight Realty Group, Inc.

Last Buyer's Agent

Michael McGuire

Insight Realty Group, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,709

Year Built

  • Built in 1970

Lot Details

  • 5,449 Sq Ft Lot
  • Corner Lot

Parking

  • 4 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,080 Sq Ft Home
  • Wood Flooring

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • Porch
  • Property is near public transit

Listing and Financial Details

  • Total Actual Rent $9,270
  • Assessor Parcel Number 1391899

Community Details

Overview

  • 4 Units
  • Near Conservation Area
  • Property has 1 Level

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Electric Expense $691
  • Insurance Expense $4,650
  • Water Sewer Expense $3,046
  • Operating Expense $27,067
  • Net Operating Income $84,173

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,709

Year Built

Built in 1970

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family
  • Year Built: 1970
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood
  • Fireplace YN: No
  • Total Bedrooms: 8
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Living Area: 3080
  • Stories Total: 6
  • MAIN LO: BB9254
  • MAIN SO: BB9254

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Other
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 4
  • Covered Parking Spaces: 4
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Laundromat, Bike Path, Conservation Area, Highway Access, T-Station

Fee Information

  • Water Sewer Expenses: 3046

Lot Info

  • Parcel Number: 1391899
  • Zoning: 2F-5000
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.13
  • Lot Size Sq Ft: 5449
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7708.75

Multi Family

  • Electric Expense: 691
  • Insurance Expense: 4650
  • Net Operating Income: 84173
  • Number Of Units Total: 4
  • Operating Expense: 27067
  • Total Actual Rent: 9270
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 2

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
09/15/2022 09/15/22 Sold $1,215,000 -12.9% $394 / Sq Ft
08/04/2022 08/04/22 Pending -- -- --
06/23/2022 06/23/22 For Sale $1,395,000 -- $453 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Steven Musto

    Seller's Agent in 2022

    Steven Musto

    Insight Realty Group, Inc.

    (617) 892-5888

    73 in this area

    206 Total Sales

    Steven Musto
    Section Image
  • Michael McGuire

    Seller Co-Listing Agent in 2022

    Michael McGuire

    Insight Realty Group, Inc.

    (617) 839-8944

    43 in this area

    120 Total Sales

    Michael McGuire
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73002876

MLS Property Information Network (MLS PIN)
Massachusetts Suffolk County Boston 02131 Roslindale

175 Florence St, Boston, MA

Not Listed for Sale

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MLS Property Information Network (MLS PIN) 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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