NOT LISTED FOR SALE

Estimated Value: $1,048,337

4 Beds
2.5 Baths
4,954 Sq Ft
$212/Sq Ft Est. Value

Last Sold June 29, 2023

Last sale price $1,050,000 $212 Per Sq Ft

Current estimated payment $6,503/month

323 Days on Market

Highlights

  • Waterfront
  • Corner Lot
  • Coin Laundry
  • Property is near public transit and schools
  • Shops
  • 3-minute walk to South Shore Plaza Park

About This Home

As of June 2023

Eagle Hill Mixed Use property for sale. Perfect for investor, owner occupied, developer or business owner. This property consists of a handsome brick mansard w/(2) 2 BR apartments & a 1 story commercial storefront space w/many possible uses. It is perfectly situated on a corner lot with approx. 84’ of street frontage facing Meridian St & 24’ on White St, offering great exposure and visibility. Currently, the commercial space has a well-established, full-service laundromat, “Frankie's Laundromat”, located at 411 Meridian St and is owned and operated by the Sellers. All bus. assets & equipment will remain. Tenants are responsible for utilities- ALL TAW’s. There is loads of potential for increased revenue. Located in a high traffic area and a walkscore of 87, offering easy access to Logan, public transportation, great restaurants, schools, local businesses & Downtown Boston. Sold in "AS IS" condition. See attached for Prop.Taxes- assessed as mixed use.

Last Agent to Sell the Property

Lisa Leonard

Century 21 Mario Real Estate Listed on: 04/25/2022

Century 21 Mario Real Estate

Last Buyer's Agent

Joseph Mario

Century 21 Mario Real Estate

Century 21 Mario Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,047

Year Built

  • Built in 1960

Lot Details

  • 3,071 Sq Ft Lot
  • Waterfront
  • Corner Lot
  • Gentle Sloping Lot

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Block Foundation
  • Slab Foundation
  • Frame Construction
  • Slate Roof
  • Asphalt Roof
  • Rubber Roof
  • Block Exterior

Interior Spaces

  • 4,954 Sq Ft Home
  • Insulated Windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Crawl Space

Parking

  • On-Street Parking
  • Open Parking

Location

  • Property is near public transit and schools

Utilities

  • No Cooling
  • 3 Cooling Zones
  • 5 Heating Zones
  • Heating Available
  • Separate Meters
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $6,750
  • Rent includes unit 2(water), unit 3(water)
  • Assessor Parcel Number 1330238

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Shops
  • Coin Laundry

Building Details

  • Net Operating Income $81,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,047

Year Built

Built in 1960

Lot Details

3,071 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1960
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Interior Amenities: Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Gas Water Heater,Tank Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Full, Crawl Space, Partially Finished, Concrete, Slab
  • Living Area: 4954
  • Spa YN: No
  • Stories Total: 6
  • Window Features: Insulated Windows
  • MAIN LO: BB2945
  • MAIN SO: BB2945

Exterior Features

  • Construction Materials: Frame, Brick, Block
  • Foundation Details: Block, Brick/Mortar
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Slate, Rubber, Asphalt/Composition Shingles
  • Waterfront Features: Waterfront, Beach Front, Harbor, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Unit 1(3 or More,Ductless Mini-Split System), Unit 2(None), Unit 3(None)
  • Heating: Unit 1(Ductless Mini-Split System), Unit 2(Hot Water Baseboard,Gas), Unit 3(Hot Water Baseboard,Gas)
  • Cooling Y N: No
  • Electric: Circuit Breakers, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 5
  • HEAT ZONES: 5
  • COOLING ZONES: 3

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Laundromat, Highway Access, House of Worship, Public School
  • Rent Includes: Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: 1330238
  • Zoning: 2F-2000
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Gentle Sloping
  • Lot Size Acres: 0.07
  • Lot Size Sq Ft: 3071
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 17047

Multi Family

  • Net Operating Income: 81000
  • Number Of Units Total: 3
  • Total Actual Rent: 6750
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • COOLING UNITS: 3
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2003
Sold by
Meridian St Rt 411 and Kang
Bought by
White St Rt 24 and Tzioumis
Current Estimated Value
$1,048,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Outstanding Balance
$217,529
Interest Rate
5.9%
Mortgage Type
Commercial
Estimated Equity
$830,808

Purchase Details

Closed on
Apr 9, 1996
Sold by
White Street T 24 and Lee
Bought by
Meridian Street Rt 411 and Meridian Kang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.31%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
White St Rt 24 $810,000 --
Meridian Street Rt 411 $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meridian Street Rt 411 $472,500
Previous Owner Meridian Street Rt 411 $200,000
Previous Owner Meridian Street Rt 411 $100,000
Previous Owner Meridian Street Rt 411 $700,000
Closed Meridian Street Rt 411 $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2023 06/29/23 Sold $1,050,000 -12.5% $212 / Sq Ft
03/15/2023 03/15/23 Pending -- -- --
10/24/2022 10/24/22 For Sale $1,200,000 0.0% $242 / Sq Ft
09/19/2022 09/19/22 Pending -- -- --
09/15/2022 09/15/22 Price Changed $1,200,000 -5.9% $242 / Sq Ft
05/16/2022 05/16/22 Price Changed $1,275,000 -7.9% $257 / Sq Ft
04/26/2022 04/26/22 Price Changed $1,385,000 -90.0% $280 / Sq Ft
04/25/2022 04/25/22 For Sale $13,895,000 -- $2,805 / 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 -- $826,500 $168,000 $658,500
2024 -- $801,900 $168,000 $633,900
2023 $0 $813,400 $168,000 $645,400
2022 $0 $766,400 $168,000 $598,400
2021 $0 $764,400 $158,800 $605,600
2020 $0 $720,800 $158,800 $562,000
2019 $0 $713,500 $159,700 $553,800
2018 $0 $669,000 $147,500 $521,500
2017 $0 $625,500 $135,200 $490,300
2016 -- $530,500 $126,000 $404,500
2015 -- $478,000 $110,800 $367,200
2014 -- $428,500 $95,500 $333,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72971325

MLS Property Information Network (MLS PIN)

APN: EBOS-000000-000001-003434

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