$3,975,000
$900K PRICE INCREASE

Estimated payment $22,228/month

Total Views 1,835
10 Beds
9 Baths
4,750 Sq Ft
$837 Price per Sq Ft

Highlights

  • Marina
  • Medical Services
  • Open Floorplan
  • Golf Course Community
  • Bay View
  • 4-minute walk to East Boston Memorial Park

About This Home

VALUE ADD Portfolio builder for the savvy investor. Next to no money down!! This amazing spacious 5 family in A+ location. Brand new 5-unit 4-story condo/apartment building. Havre Street is mostly new apartment and condominium buildings; located next to the tunnel and airport and highly sought as both condominium and rental buildings. Investment Building is offered completed for $3,975,000 leaving equity for the new investor/owner. The current owner would provide a second $300,000 at 1% 10-year balloon mortgage, Get this cash cow for a short down payment. Great 1030 exchange or portfolio builder. value in East Boston up 7% in the last year, new owner winning big. Get this cash cow for a short down payment. Great 1030 exchange or portfolio builder. ** Note: property hitting individual unit sales Monday July 7 if some savvy group does not snap up this amazing opportunity.

Listing Agent

Derek Greene

The Greene Realty Group Listed on: 05/27/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,031

Year Built

  • Built in 2025

Lot Details

  • 2,500 Sq Ft Lot
  • Level Lot

Parking

  • 5 Car Garage
  • Off-Street Parking
  • Deeded Parking

Home Design

  • Frame Construction
  • Rubber Roof
  • Concrete Perimeter Foundation
  • Cement Board or Planked

Interior Spaces

  • 4,750 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Insulated Windows
  • Sliding Doors
  • Insulated Doors
  • Family Room
  • Living Room
  • Dining Room
  • Bay Views
  • Intercom

Kitchen

  • Oven
  • ENERGY STAR Qualified Refrigerator
  • Plumbed For Ice Maker
  • ENERGY STAR Qualified Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 10 Bedrooms
  • Walk-In Closet
  • 9 Full Bathrooms
  • Bathtub
  • Separate Shower

Laundry

  • ENERGY STAR Qualified Dryer
  • ENERGY STAR Qualified Washer

Outdoor Features

  • Balcony
  • Patio

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Sam Adams Elementary School
  • Kennedy Middle School
  • Excell High School

Utilities

  • Cooling Available
  • Heat Pump System
  • 100 Amp Service
  • High Speed Internet

Listing and Financial Details

  • Rent includes unit 4(water)
  • Assessor Parcel Number 1332234

Community Details

Overview

  • 5 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Park

Building Details

  • Net Operating Income $266,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,031

Year Built

Built in 2025

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Side by Side
  • Year Built: 2025
  • Levels: 5
  • Year Built Details: Actual
  • Year Round: Yes
  • Compensation Based On: Compensation Not Offered
  • APOD AVAILABLE: No
  • Special Features: NewHome
  • Stories: 5

Interior Features

  • Flooring: Wood, Tile, Hardwood, Stone/Ceramic Tile
  • Interior Amenities: Crown Molding, Stone/Granite/Solid Counters, Bathroom with Shower Stall, Open Floorplan, High Speed Internet, Walk-In Closet(s), Bathroom With Tub, Slider, Kitchen, Family Room, Dining Room, Living Room
  • Door Features: Insulated Doors
  • Fireplace YN: No
  • Appliances: Disposal, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Washer, Oven, Plumbed For Ice Maker
  • Total Bedrooms: 10
  • Full Bathrooms: 9
  • Total Bathrooms: 9
  • Total Bathrooms: 9
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Above Grade Finished Sq Ft: 4750
  • Living Area: 4750
  • Other Equipment: Intercom
  • Spa YN: No
  • Stories Total: 5
  • Window Features: Insulated Windows
  • MAIN LO: K95593
  • LIST PRICE PER Sq Ft: 836.84
  • PRICE PER Sq Ft: 836.84

Exterior Features

  • Exterior Features: Balcony/Deck
  • Construction Materials: Frame, Cement Board
  • Foundation Details: Concrete Perimeter
  • Frontage Length: 25
  • Home Warranty YN: No
  • Patio And Porch Features: Patio
  • Road Frontage Type: Public
  • Roof: Rubber
  • Waterfront Features: Ocean, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: Yes

Garage/Parking

  • Garage Spaces: 5
  • Covered Parking Spaces: 5
  • Garage YN: Yes
  • Parking Features: Off Street, Deeded
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup, Icemaker Connection, Varies per Unit
  • Cooling: Heat Pump
  • Heating: Electric, Heat Pump
  • Cooling Y N: Yes
  • Electric: 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Other (See Remarks)

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Golf, Medical Facility, Laundromat, Highway Access, Marina, Private School, Public School, T-Station, University
  • Rent Includes: Unit 4(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: 1332234
  • Zoning: RL - R
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Size Sq Ft: 2500
  • Lot Size Units: Acres
  • PAGE: 86

Tax Info

  • Tax Year: 2025
  • Tax Book Number: 70152

Multi Family

  • Gross Income: 266400
  • Net Operating Income: 266400
  • Number Of Units Total: 5
  • Total Actual Rent: 22200
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 3
  • FLRS 3: 3
  • FLRS 2: 2
  • Waterview: Bay

MLS Schools

  • High School: Excell
  • Elementary School: Sam Adams
  • Middle Or Junior School: Kennedy

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,031 $175,400 $175,400 $0
2024 $6,628 $608,100 $244,000 $364,100
2023 $6,531 $608,100 $244,000 $364,100
2022 $6,298 $578,900 $232,300 $346,600
2021 $5,882 $551,300 $221,200 $330,100
2020 $5,116 $484,500 $217,800 $266,700
2019 $4,628 $439,100 $151,400 $287,700
2018 $4,260 $406,500 $151,400 $255,100
2017 $3,844 $363,000 $151,000 $212,000
2016 $3,664 $333,100 $151,000 $182,100
2015 $3,451 $285,000 $115,500 $169,500
2014 $2,890 $229,700 $115,500 $114,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2025 06/17/25 Price Changed $3,975,000 +29.3% $837 / Sq Ft
05/27/2025 05/27/25 For Sale $3,075,000 +459.1% $647 / Sq Ft
09/16/2016 09/16/16 Sold $550,000 +0.9% $458 / Sq Ft
06/30/2016 06/30/16 Pending -- -- --
06/22/2016 06/22/16 For Sale $545,000 0.0% $454 / Sq Ft
04/01/2014 04/01/14 Rented $1,500 -16.7% --
03/02/2014 03/02/14 Under Contract -- -- --
12/27/2013 12/27/13 For Rent $1,800 0.0% --
12/23/2013 12/23/13 Sold $320,000 -3.0% $267 / Sq Ft
11/23/2013 11/23/13 Pending -- -- --
11/04/2013 11/04/13 For Sale $329,900 -- $275 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Purchase History

Date Type Sale Price Title Company
Not Resolvable $550,000 --
Not Resolvable $320,000 --
Not Resolvable $320,000 --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,660,000 Purchase Money Mortgage
Closed $2,660,000 Purchase Money Mortgage
Closed $2,175,000 Purchase Money Mortgage
Closed $16,397 FHA
Closed $540,038 FHA
Previous Owner $310,000 Adjustable Rate Mortgage/ARM
Previous Owner $314,204 FHA
Source: Public Records

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73380572

MLS Property Information Network (MLS PIN)

APN: EBOS-000000-000001-006133