NOT LISTED FOR SALE
7 Beds
4 Baths
2,864 Sq Ft
871 Sq Ft Lot

Last Sold May 24, 2022

Last sale price $2,380,000 $831 Per Sq Ft

83 Days on Market

About This Home

As of May 2022

****RARE NORTH END INVESTMENT OPPORTUNITY**** Offering a FOUR unit TURN KEY NORTH END rental property. Comprised of (1) One bedroom One bath unit with private patio, (3) Two bedroom one bath units. Common Roof deck and Common laundry. Current Rents are $11,150 per month - $over $133K per year. Rents are increasing June 1 $11,350. Pro- forma rents are $12,200 per month - $146,400 per year. Property has been well managed and has been well maintained. High End finishes. Great natural sunlight and fantastic layouts. Ideal for investors who want to purchase an income generating asset in an area with scarce inventory. Perfect for a 1031 Tax Exchange or anyone looking to take advantage of low rates and secure a fabulous investment in Boston’s North End. ROCK SOLID INVESTMENT. Excellent Location near North Station, Downtown Boston, the Financial District & all major transportation points. PRE-APPROVAL OR PROOF OF FUNDS NEEDED TO SCHEDULE A SHOWING. BUILDING SOLD AS IS.

Last Agent to Sell the Property

Giancarlo Tiberi

Core Property Group, LLC Listed on: 02/01/2022

Last Buyer's Agent

Joselin Malkhasian

Lamacchia Realty, Inc.

Lamacchia Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,622

Year Built

  • Built in 1899

Lot Details

  • 871 Sq Ft Lot

Home Design

  • Quadruplex

Interior Spaces

  • 2,864 Sq Ft Home
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Listing and Financial Details

  • Total Actual Rent $11,000
  • Assessor Parcel Number 3362675

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $132,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,622

Year Built

Built in 1899

Lot Details

871 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family - 4 Units Up/Down
  • Year Built: 1899
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 10

Interior Features

  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Microwave
  • Total Bedrooms: 7
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Basement: Full
  • Living Area: 2864
  • Stories Total: 10
  • MAIN LO: AC1676
  • MAIN SO: AN2314

Exterior Features

  • Foundation Details: Other
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel Number: 3362675
  • Zoning: RES
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.02
  • Lot Size Sq Ft: 871.2
  • Lot Size Units: Acres
  • LOT SIZE: 828

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 12622

Multi Family

  • Net Operating Income: 132000
  • Number Of Units Total: 4
  • Total Actual Rent: 11000
  • 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: 3
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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
05/24/2022 05/24/22 Sold $2,380,000 -4.8% $831 / Sq Ft
04/26/2022 04/26/22 Pending -- -- --
02/01/2022 02/01/22 For Sale $2,500,000 -- $873 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $13,251 $1,144,300 $336,100 $808,200
2024 $12,700 $1,165,100 $336,100 $829,000
2023 $12,951 $1,205,900 $336,100 $869,800
2022 $12,898 $1,185,500 $336,100 $849,400
2021 $12,507 $1,172,200 $331,700 $840,500
2020 $12,045 $1,140,600 $331,700 $808,900
2019 $11,826 $1,122,000 $331,700 $790,300
2018 $11,245 $1,073,000 $319,300 $753,700
2017 $10,971 $1,036,000 $303,600 $732,400
2016 $10,885 $989,500 $281,200 $708,300
2015 $10,978 $906,500 $251,000 $655,500
2014 $10,806 $859,000 $212,900 $646,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72938296

MLS Property Information Network (MLS PIN)
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