NOT LISTED FOR SALE
34 Beds
16.5 Baths
12,960 Sq Ft
2,178 Sq Ft Lot

Sale Details

Date Sold: November 9, 2022

Last sale price $8,600,000 $664 Per Sq Ft

82 Days on Market

Highlights

  • Marina
  • 0.05 Acre Lot
  • Community Pool
  • Medical Services
  • Property is near public transit and schools
  • 2-minute walk to DeFilippo Playground

About This Home

As of November 2022

20 Sheafe offers the opportunity to acquire a fully leased ($524,400 Gross Income) turnkey investment in an exceptional, urban-infill location in Boston's North End. The Property consists of a five-story, brick building with eleven (11) units comprised of one (1) 4-Bedroom/1.5 Bathroom unit, five (5) 3-Bedroom/2-Bathroom units and five (5) 3-Bedroom/1-Bathroom units with 12,960 square feet of living area in 13,309 square feet of total area. 20 Sheafe is fully occupied and was comprehensively renovated in 2017 featuring a new roof and new windows as well as a new electrical and gas service. Unit features consist of condo quality finishes including granite countertops, hardwood floors, stainless steel appliances, in-unit laundry and dishwashers as well as forced hot air heat and central air conditioning. Each unit is separately metered for utilities (Heat and AC – Electric Heat Pumps), hot water (Navien – Tankless) and separate electric, which the tenants all pay directly.

Last Agent to Sell the Property

John Pentore

Horvath & Tremblay Listed on: 04/28/2022

Co-Listed By

Dennis Kelleher

Horvath & Tremblay

Last Buyer's Agent

John Pentore

Horvath & Tremblay Listed on: 04/28/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $72,300

Year Built

  • Built in 1920

Lot Details

  • 2,178

Home Design

  • 12,960 Sq Ft Home
  • Brick Foundation
  • Rubber Roof

Bedrooms and Bathrooms

  • 34 Bedrooms

Additional Features

  • 2,178 Sq Ft Lot
  • Property is near public transit and schools
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $17,150
  • Assessor Parcel Number 3365350

Community Details

Overview

  • 11 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Community Pool
  • Bike Trail

Building Details

  • Operating Expense $101,969
  • Net Operating Income $399,715

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$72,300

Year Built

Built in 1920

Lot Details

2,178 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1920
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: Yes
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 11

Interior Features

  • Fireplace YN: No
  • Appliances: Gas Water Heater
  • Total Bedrooms: 34
  • Full Bathrooms: 16
  • Half Bathrooms: 1
  • Total Bathrooms: 17
  • Living Area: 12960
  • Stories Total: 11
  • MAIN LO: AN2723
  • MAIN SO: AN2723

Exterior Features

  • Foundation Details: Brick/Mortar
  • Roof: Rubber
  • Waterfront Features: Beach Front
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University

Lot Info

  • Parcel Number: 3365350
  • Zoning: A
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.05
  • Lot Size Sq Ft: 2178
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 72300

Multi Family

  • Net Operating Income: 399715
  • Number Of Units Total: 11
  • Operating Expense: 101969
  • Total Actual Rent: 17150
  • 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
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/09/2022 11/09/22 Sold $8,600,000 -0.6% $664 / Sq Ft
07/20/2022 07/20/22 Pending -- -- --
06/27/2022 06/27/22 Price Changed $8,650,000 -1.7% $667 / Sq Ft
06/06/2022 06/06/22 Price Changed $8,800,000 0.0% $679 / Sq Ft
06/06/2022 06/06/22 For Sale $8,800,000 -2.2% $679 / Sq Ft
05/23/2022 05/23/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $9,000,000 +26.8% $694 / Sq Ft
07/08/2019 07/08/19 Sold $7,100,000 -15.5% $965 / Sq Ft View Prior Sale
07/08/2019 07/08/19 For Sale $8,400,000 +68.0% $1,141 / Sq Ft
12/17/2014 12/17/14 Sold $5,000,000 -13.0% $566 / Sq Ft View Prior Sale
11/17/2014 11/17/14 Pending -- -- --
07/24/2014 07/24/14 For Sale $5,750,000 -- $651 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $73,870 $6,379,100 $1,176,000 $5,203,100
2024 $71,446 $6,554,700 $1,176,000 $5,378,700
2023 $71,891 $6,693,800 $1,176,000 $5,517,800
2022 $71,595 $6,580,400 $1,176,000 $5,404,400
2021 $70,041 $6,564,300 $1,135,200 $5,429,100
2020 $66,661 $6,312,600 $1,135,200 $5,177,400
2019 $65,443 $6,209,000 $1,135,200 $5,073,800
2018 $62,608 $5,974,000 $1,092,000 $4,882,000
2017 $61,237 $5,782,500 $1,039,200 $4,743,300
2016 $18,233 $1,657,500 $562,900 $1,094,600
2015 $18,111 $1,495,500 $628,800 $866,700
2014 $17,939 $1,426,000 $540,000 $886,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72972981

MLS Property Information Network (MLS PIN)
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