$950,000
SOLD DEC 13, 2024
6 Beds
3.5 Baths
3,000 Sq Ft
7,484 Sq Ft Lot

Recently Sold

$317 Per Sq Ft

12% Below List Price

77 Days on Market

Highlights

  • Property is near public transit
  • Jogging Path
  • Shops
  • 4 Fireplaces
  • Park

About This Home

As of December 2024

Welcome to 25-27 Elliot St, a promising three-level duplex in Braintree, MA, ripe with investment potential. Each unit currently features 3 bedrooms and 1.5 bathrooms, with individual driveways and efficient gas heating throughout. This property offers the opportunity to enhance rental income by renovating and potentially adding one more bedroom on each side, following the successful model of neighboring identical buildings with higher rents post-renovation. Inside, you'll find spacious living areas, functional kitchens with ample cabinet space, and dining areas. Located in a sought-after neighborhood near top-rated schools, shopping, dining, and public transportation, with easy access to major highways, 25-27 Elliot St provides a blend of suburban tranquility and urban convenience. Don’t miss your chance to capitalize on this versatile income-generating property.

Last Agent to Sell the Property

Lewis Lai

Lewis & Joyce Real Estate Listed on: 06/20/2024

Co-Listed By

Joyce Lai

Lewis & Joyce Real Estate

Last Buyer's Agent

Charlotte Bittner

Preferred Properties Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,384

Year Built

  • Built in 1900

Home Design

  • Stone Foundation

Interior Spaces

  • 3,000 Sq Ft Home
  • 4 Fireplaces
  • Range

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

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

Additional Features

  • 7,484 Sq Ft Lot
  • Property is near public transit
  • 100 Amp Service

Listing and Financial Details

  • Total Actual Rent $5,400
  • Rent includes unit 2(water), unit 3(water)
  • Assessor Parcel Number M:3020 B:0 L:81,21731

Community Details

Overview

  • 2 Units
  • Property has 3 Levels

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Additional Features

  • Shops
  • Net Operating Income $64,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,384

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1900
  • Buyer Agency: 3
  • Buyer Agency Type: %
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Other
  • Special Features: None
  • Stories: 6

Interior Features

  • Fireplace YN: Yes
  • Fireplaces: 4
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bathrooms: 3.5
  • Living Area: 3000
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN1181
  • LIST PRICE PER Sq Ft: 350
  • PRICE PER Sq Ft: 316.67
  • MAIN SO: AN1166

Exterior Features

  • Foundation Details: Stone
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • 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
  • Electric: 100 Amp Service
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Highway Access
  • Rent Includes: Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:3020 B:0 L:81,21731
  • Zoning: B
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Size Sq Ft: 7484
  • Lot Size Units: Acres
  • PAGE: 0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6384
  • Tax Book Number: 0

Multi Family

  • Gross Income: 64800
  • Net Operating Income: 64800
  • Number Of Units Total: 2
  • Total Actual Rent: 5400
  • LEVELS 1: 3
  • Basement Included Sq Ft: No
  • LEVELS 2: 3
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 3
  • FLRS 2: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 1996
Sold by
Houce Paul W and Houce Jaon F
Bought by
Elliot T
Current Estimated Value
$1,008,525
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $106,500 --
Deed $106,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $130,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2024 12/13/24 Sold $950,000 -9.5% $317 / Sq Ft
09/06/2024 09/06/24 Pending -- -- --
07/17/2024 07/17/24 Price Changed $1,050,000 -2.8% $350 / Sq Ft
06/20/2024 06/20/24 For Sale $1,080,000 -- $360 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

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 $7,592 $760,700 $332,900 $427,800
2024 $6,384 $673,400 $310,400 $363,000
2023 $6,009 $615,700 $278,900 $336,800
2022 $5,858 $588,700 $251,900 $336,800
2021 $5,268 $529,400 $227,600 $301,800
2020 $4,981 $505,200 $206,900 $298,300
2019 $4,797 $475,400 $197,900 $277,500
2018 $4,695 $445,400 $179,900 $265,500
2017 $4,687 $436,400 $170,900 $265,500
2016 $4,016 $365,800 $143,900 $221,900
2015 $4,029 $364,000 $142,100 $221,900
2014 $3,694 $323,500 $129,600 $193,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73255289

MLS Property Information Network (MLS PIN)

APN: BRAI-003020-000000-000081