NOT LISTED FOR SALE
12 Beds
6 Baths
4,706 Sq Ft
3,049 Sq Ft Lot

Sale Details

Date Sold: November 22, 2022

Last sale price $3,200,000 $680 Per Sq Ft

63 Days on Market

Highlights

  • 0.07 Acre Lot
  • Level Lot
  • 2-minute walk to Sweeney Playground

About This Home

As of November 2022

Five (5) unit brick building in South Boston, comprised of four 2-bed 1-bath units, and one 4-bed 2-bath, totaling 4,706 livable square feet, offering investors a turn key asset in one of Boston's best neighborhoods. There is a driveway for off-street parking behind the building. Just blocks away from West Broadway in South Boston, this location offers access to restaurants and shops. Separate heat/hot water and electric is paid for by tenants. The financials are Pro Forma given that building is newly renovated. Square Footage based on area calculator. $3100 2BR rents leased to BlueGround Furnished rentals.

Last Agent to Sell the Property

Nick Jasinski

Matthews Real Estate Investment Services, Inc. Listed on: 07/19/2022

Last Buyer's Agent

Ellen Woods

White Hart Commercial Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,101

Year Built

  • Built in 1930

Lot Details

  • 3,049 Sq Ft Lot
  • Level Lot

Home Design

  • 4,706 Sq Ft Home
  • Brick Exterior Construction
  • Rubber Roof

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms

Parking

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

Listing and Financial Details

  • Total Actual Rent $19,200

Community Details

Overview

  • 5 Units
  • Property has 1 Level

Building Details

  • Operating Expense $35,263
  • Net Operating Income $198,737

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,101

Year Built

Built in 1930

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1930
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Other
  • Special Features: None
  • Stories: 11

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 12
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Living Area: 4706
  • Stories Total: 11
  • MAIN LO: NB4674
  • MAIN SO: AN7676

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Other
  • Roof: Rubber
  • Waterfront Features: Beach Front
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Zoning: R4
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.07
  • Lot Size Sq Ft: 3049
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 15100.92

Multi Family

  • Net Operating Income: 198737
  • Number Of Units Total: 5
  • Operating Expense: 35263
  • Total Actual Rent: 19200
  • 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

Date Event Price List to Sale Price per Sq Ft
11/22/2022 11/22/22 Sold $3,200,000 -8.6% $680 / Sq Ft
09/21/2022 09/21/22 Pending -- -- --
08/15/2022 08/15/22 Price Changed $3,500,000 -2.8% $744 / Sq Ft
07/19/2022 07/19/22 For Sale $3,600,000 0.0% $765 / Sq Ft
01/15/2016 01/15/16 Rented $1,650 0.0% --
01/11/2016 01/11/16 Price Changed $1,650 -8.3% $3 / Sq Ft
12/17/2015 12/17/15 For Rent $1,800 -- --
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 $24,914 $2,151,500 $474,500 $1,677,000
2024 $23,948 $2,197,100 $474,500 $1,722,600
2023 $14,698 $1,368,500 $474,500 $894,000
2022 $14,962 $1,375,200 $474,500 $900,700
2021 $15,355 $1,439,100 $402,600 $1,036,500
2020 $14,018 $1,327,500 $402,600 $924,900
2019 $13,560 $1,286,500 $402,600 $883,900
2018 $12,838 $1,225,000 $382,100 $842,900
2017 $12,374 $1,168,500 $365,100 $803,400
2016 $11,451 $1,041,000 $337,800 $703,200
2015 $10,699 $883,500 $293,400 $590,100
2014 $10,423 $828,500 $262,700 $565,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73014399

MLS Property Information Network (MLS PIN)
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