NOT LISTED FOR SALE

24 Ferrin St Boston, MA 02129

Thompson Square-Bunker Hill Neighborhood
6 Beds
5 Baths
3,807 Sq Ft
1,643 Sq Ft Lot

Last Sold February 12, 2024

Last sale price $2,200,000 $578 Per Sq Ft

91 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • Heating Available
  • Corner Lot

About This Home

As of February 2024

Blue-chip investment opportunity. Gut renovated 5 unit multifamily offering. Each unit comes complete with ductless mini-split systems, stainless steel appliances, white shaker cabinets, quartz countertops, oversized farm sinks, khars-engineered hardwood and vigo faucets. As safe as an investment can be, park your money here in Charlestown and watch it grow. Property is located at a dead-end street with off-street parking as well. Investors take note, Bunker Hill Housing Redevelopment over the next 10 years will construct 2700 homes offering considerable appreciation. This prime investment is also centrally located just minutes from The Navy Yard, Route 1, I-93, and MBTA Orange Line T Station. Logan Airport just a 10 minute drive as well. Charlestown's growth and demand for housing make this an investment that will stand the test of time!

Last Agent to Sell the Property

Brian Quijada

EVO Real Estate Group, LLC Listed on: 09/28/2023

Co-Listed By

Gianna George

Boom Realty

Last Buyer's Agent

Brian Quijada

EVO Real Estate Group, LLC Listed on: 09/28/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,970

Year Built

  • Built in 1899 | Remodeled

Lot Details

  • 1,643 Sq Ft Lot
  • Street terminates at a dead end
  • Corner Lot

Home Design

  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 3,807 Sq Ft Home
  • Insulated Windows
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Utilities

  • Cooling Available
  • 5 Cooling Zones
  • 5 Heating Zones
  • Heating Available
  • 110 Volts
  • Natural Gas Connected

Listing and Financial Details

  • Total Actual Rent $16,250
  • Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
  • Assessor Parcel Number W:02 P:02927 S:000,1281969

Community Details

Overview

  • 5 Units
  • Property has 1 Level

Building Details

  • Operating Expense $48,750
  • Net Operating Income $146,250

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,970

Year Built

Built in 1899 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Property Condition: Unit 1 Remodeled, Unit 2 Remodeled
  • Year Built: 1899
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 10

Interior Features

  • Flooring: Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors), Unit 3(Hardwood Floors), Unit 4(Hardwood Floors)
  • Interior Amenities: Unit 1(Studio,Upgraded Cabinets,Upgraded Countertops,Bathroom with Shower Stall,Open Floor Plan), Unit 2(Studio,Upgraded Cabinets,Upgraded Countertops,Bathroom with Shower Stall,Open Floor Plan), Unit 3(Upgraded Cabinets,Upgraded Countertops,Bathroom with Shower Stall,Open Floor Plan), Unit 4(Upgraded Cabinets,Upgraded Countertops,Bathroom with Shower Stall,Open Floor Plan), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen), Unit 4 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Washer,Dryer,Vent Hood), Unit 2(Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer,Vent Hood), Unit 3(Dishwasher,Disposal,Microwave,Refrigerator,Vent Hood), Unit 4(Range,Dishwasher,Disposal,Microwave,Refrigerator,Vent Hood), Utility Connections for Gas Oven
  • Total Bedrooms: 6
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Basement: Full, Unfinished
  • Living Area: 3807
  • Spa YN: No
  • Stories Total: 10
  • Window Features: Insulated Windows
  • MAIN LO: AN5445
  • MAIN SO: AN5445

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone, Brick/Mortar
  • Home Warranty YN: No
  • Road Frontage Type: Public, Dead End
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Oven
  • Cooling: Unit 1(Ductless Mini-Split System), Unit 2(Ductless Mini-Split System), Unit 3(Ductless Mini-Split System), Unit 4(Ductless Mini-Split System)
  • Heating: Unit 1(Ductless Mini-Split System), Unit 2(Ductless Mini-Split System), Unit 3(Ductless Mini-Split System), Unit 4(Ductless Mini-Split System)
  • Cooling Y N: Yes
  • Electric: 110 Volts
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 5
  • HEAT ZONES: 5
  • COOLING ZONES: 5
  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: W:02 P:02927 S:000,1281969
  • Zoning: R4
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.04
  • Lot Size Sq Ft: 1643
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 12970

Multi Family

  • Net Operating Income: 146250
  • Number Of Units Total: 5
  • Operating Expense: 48750
  • Total Actual Rent: 16250
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • COOLING UNITS: 5
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 2

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
02/12/2024 02/12/24 Sold $2,200,000 +2.3% $578 / Sq Ft
12/29/2023 12/29/23 Pending -- -- --
12/13/2023 12/13/23 Price Changed $2,150,000 -17.3% $565 / Sq Ft
10/19/2023 10/19/23 Price Changed $2,600,000 -21.2% $683 / Sq Ft
09/28/2023 09/28/23 For Sale $3,300,000 -- $867 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Brian Quijada

    Seller's Agent in 2024

    Brian Quijada

    EVO Real Estate Group, LLC

    (978) 590-9921

    3 in this area

    73 Total Sales

    Brian Quijada
    Section Image

  • G

    Seller Co-Listing Agent in 2024

    Gianna George

    Boom Realty

    1 in this area

    1 Total Sale

    Gianna George
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73164619

MLS Property Information Network (MLS PIN)
Massachusetts Suffolk County Boston 02129 Thompson Square-Bunker Hill

24 Ferrin St, Boston, MA

Not Listed for Sale

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