NOT LISTED FOR SALE
6 Beds
6 Baths
4,080 Sq Ft
7,841 Sq Ft Lot

Last Sold November 10, 2016

Last sale price $790,000 $194 Per Sq Ft

54 Days on Market

About This Home

As of November 2016

Great opportunity to purchase a fully occupied, turn-key property. Building consists of SIX 1-bedroom/1-bath units with separate utilities; gas heat/hot water paid by tenant. All units have same layout stretching from front to back and all units have assigned storage. Electric updated Summer 2016, modern (4 year old) fire panel and alarm system, roof replacement (30 year roof) & chimney work done in Fall 2005, replacement windows in 5 of 6 units. Building has vinyl siding, forced hot air throughout, full/unfinished basement, large backyard and off-street parking directly out front for 4 cars. There is room to make cosmetic improvements for added value, but no need for immediate work as all tenants want to remain. Currently generates over $41000 NET ANNUAL INCOME with room for increases - current rents are below market value. Located just off I-93 exit 8 (Furnace Brook Pkwy), along bus - accessible to Red Line & Boston.

Last Agent to Sell the Property

Matthew Petty

FRAME Residential Listed on: 08/10/2016

Last Buyer's Agent

Adam Chen

Berkshire Hathaway HomeServices Commonwealth Real Estate

Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Details

Home Type

Multi-Family

Year Built

1910

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Property Type: Multi-family
  • Other Agent: 1.50
  • Lead Paint: Unknown
  • Year Round: Yes
  • Insc: 5029
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1910

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 15
  • Amenities: Public Transportation, Shopping, Laundromat, Highway Access
  • Electric: Circuit Breakers, Individually Metered
  • Flooring: Wood, Tile, Wall to Wall Carpet
  • Basement: Full, Walk Out, Dirt Floor, Unfinished Basement
  • Total Levels: 5

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Foundation: Granite

Garage/Parking

  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 4

Utilities

  • Heat Zones: 6
  • Hot Water: Natural Gas
  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric: 1200

Condo/Co-op/Association

  • Total Units: 6

Lot Info

  • Assessor Parcel Number: M:4003 B:37
  • Zoning: RESB

Multi Family

  • APOD Available: Yes
  • Expenses Year End: 12/15
  • Heat Units: 6
  • Total Bedrooms: 6
  • Total Floors: 9
  • Total Full Baths: 6
  • Total Levels: 3
  • Total Rms: 20
  • Total Rent_1: 5200

Range of Values:

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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
11/10/2016 11/10/16 Sold $790,000 -0.6% $194 / Sq Ft
10/03/2016 10/03/16 Pending -- -- --
09/13/2016 09/13/16 For Sale $795,000 0.0% $195 / Sq Ft
08/26/2016 08/26/16 Pending -- -- --
08/10/2016 08/10/16 For Sale $795,000 -- $195 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72051097

MLS Property Information Network (MLS PIN)