NOT LISTED FOR SALE

176 North St Unit 178 Boston, MA 02113

North End Neighborhood

Estimated Value: $12,849,336

23 Beds
9 Baths
8,056 Sq Ft
$1,595/Sq Ft Est. Value

Last Sold October 04, 2019

Last sale price $8,250,000 $1,024 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $67,389/month

16 Days on Market

About This Home

As of October 2019

~~ RARE NORTH END MIXED USE BUILDING ~~ Located on one of the three major thoroughfares in the neighborhood, the building is situated on one of the best intersections in Boston's historic North End. This extremely rare, 9-unit, mixed-use asset is truly an A+ investment opportunity.The property is a 5-story brick building, completely renovated in 2016 and sits in the heart of North Square. The property offers eight residential units and one retail unit.The residential units consist of four 2-bedroom apartments, one 3-bedroom apartment and three 4-bedroom apartments.The retail unit is rented through 2026 to one of the North End's most successful restaurateurs.The Property is within 0.5 miles of North Station and South Station, and three other MBTA stations, collectively providing rail and bus access to points throughout the city and suburbs. Vertical expansion possibilities unparalleled city views & over $40,000/month (including nets from retail)

Last Agent to Sell the Property

John Federico

Greater Metropolitan R. E. Listed on: 08/07/2019

Co-Listed By

Ryan Foley

Greater Metropolitan R. E.

Last Buyer's Agent

Valerie Filiberto

A & S Realty Co., Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1899

Lot Details

  • 1,742

Additional Features

  • Basement

Property Details

Home Type

Multi-Family

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 1024.08
  • Comp Based On: Net Sale Price
  • Year Built: 1899
  • Lead Paint: Unknown
  • Levels: 5
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 5
  • Year Built: 1899

Interior Features

  • Total Flrs: 5
  • No Bedrooms: 23
  • Total Brs: 23
  • Full Bathrooms: 9
  • Total Fbh: 9
  • No Rooms: 10
  • Basement: Y
  • Main Lo: NB1092
  • Main So: BB5068
  • Estimated Sq Ft: 8056.00

Exterior Features

  • Foundation: Brick

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • App Common: Washer, Dryer

Lot Info

  • Assessments: 3497000.00
  • Acre: 0.04
  • Lot Size: 1745.00
  • Page: 75
  • Zoning: MixedUse
  • Lot Description: Corner

Multi Family

  • APOD Available: Yes
  • Total Levels: 2
  • Total Rms: 39
  • No Units: 9
  • Mf Type: 5-9 Family

Tax Info

  • Taxes: 36858.00
  • Assessor Parcel Number: 3365896

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2019
Closed on
Oct 2, 2019
Sold by
176 North Streeet Llc
Bought by
176 North Llc
Seller's Agent
John Federico
Greater Metropolitan R. E.
Buyer's Agent
Valerie Filiberto
A & S Realty Co., Inc.
List Price
$8,250,000
Sold Price
$8,250,000
Current Estimated Value
$12,849,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,599,336
Avg. Annual Appreciation
7.43%
Original Mortgage
$5,000,000
Outstanding Balance
$4,380,252
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$8,469,084

Purchase Details

Closed on
Mar 2, 2016
Sold by
Ferullo Ft
Bought by
176 North Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,046,000
Interest Rate
3.81%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
176 North Llc $8,250,000 --
176 North Street Llc $5,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 176 North Llc $5,000,000
Previous Owner 176 North Street Llc $4,046,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2019 10/04/19 Sold $8,250,000 0.0% $1,024 / Sq Ft
08/23/2019 08/23/19 Pending -- -- --
08/07/2019 08/07/19 For Sale $8,250,000 -- $1,024 / 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 -- $3,525,800 $594,700 $2,931,100
2024 -- $3,647,600 $594,700 $3,052,900
2023 $0 $3,719,900 $594,700 $3,125,200
2022 $0 $3,677,600 $594,700 $3,082,900
2021 $0 $3,679,100 $586,800 $3,092,300
2020 $0 $3,557,300 $586,800 $2,970,500
2019 $0 $3,497,000 $586,800 $2,910,200
2018 $0 $3,304,000 $565,000 $2,739,000
2017 $0 $2,019,000 $537,200 $1,481,800
2016 -- $1,856,500 $497,600 $1,358,900
2015 -- $1,646,000 $444,000 $1,202,000
2014 -- $1,480,500 $376,600 $1,103,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72546555

MLS Property Information Network (MLS PIN)

APN: CBOS-000000-000003-003271