NOT LISTED FOR SALE

26 Arcadia St Unit 30 Dorchester, MA 02122

Meeting House Hill Neighborhood
12 Beds
6 Baths
6,498 Sq Ft
6,534 Sq Ft Lot

Last Sold August 09, 2016

Last sale price $1,300,000 $200 Per Sq Ft

20 Days on Market

About This Home

As of August 2016

ATTENTION INVESTORS & DEVELOPERS! THIS IS A RARE FIND! STUNNING UPDATED 6-FAMILY BUILDING IN A GREAT DORCHESTER FIELDS CORNER LOCATION. THIS BUILDING WILL BE A CASH COW AND TURN KEY FOR THE NEW OWNER!! IT MAKES SENSE BOTH AS A BUY & HOLD OR CONVERT TO 6 CONDOS! THERE IS TREMENDOUS UPSIDE POTENTIAL HERE! MANY UPDATES INCLUDING: KITCHENS, BATHS, VINYL SIDING & MORE! ALL UNITS ARE VERY GOOD SIZED 2 BEDROOMS AND HAVE LEAD COMPLIANCE CERTIFICATES. THE UNITS ARE ALL UNDER LEASE FOR $1,400/MONTH & THE LEASES ALL EXPIRE ON 6/1/16 (MARKET RENTS ESTIMATED AT $1,650/MONTH). THE CURRENT GROSS ANNUAL INCOME IS $100,800/YEAR WITH EXPENSES OF $16,015. THE NOI IS $81,760 AND THE ESTIMATED CAP RATE IS 6% (WITH CURRENT RENTS) BUT 8% WITH MARKET RENTS!!! ALL UNITS ARE OCCUPIED SO 1 UNIT AND THE BASEMENT WILL BE SHOWN AT THE 1ST SHOWINGS. AFTER AN ACCEPTED OFFER THE BUYER CAN VIEW THE REST OF THE UNITS. THIS WON'T LAST LONG SO CALL US TODAY!! NO WEEKEND OR EVENING SHOWINGS & NEED 48 HOURS NOTICE.

Last Agent to Sell the Property

Michael McGuire

Insight Realty Group, Inc. Listed on: 04/20/2016

Last Buyer's Agent

Michael McGuire

Insight Realty Group, Inc. Listed on: 04/20/2016

Property Details

Home Type

Multi-Family

Year Built

1910

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Property Type: Multi-family
  • Other Agent: 2.00
  • Lead Paint: Certified Treated
  • Year Round: Yes
  • Insc: 3600
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1910

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 20
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station
  • Flooring: Wood
  • Basement: Full
  • Total Levels: 5

Exterior Features

  • Roof: Rubber
  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Porch
  • Foundation: Fieldstone

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 6

Utilities

  • Heat Zones: 6
  • Hot Water: Natural Gas
  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Sewage District: MWRA
  • Electric: 840

Condo/Co-op/Association

  • Total Units: 6

Lot Info

  • Zoning: RES

Multi Family

  • APOD Available: Yes
  • Expenses Year End: 01/15
  • Heat Units: 6
  • Total Bedrooms: 12
  • Total Floors: 9
  • Total Full Baths: 6
  • Total Levels: 3
  • Total Rms: 24
  • Total Rent_1: 8400

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
08/09/2016 08/09/16 Sold $1,300,000 0.0% $200 / Sq Ft
05/10/2016 05/10/16 Pending -- -- --
04/20/2016 04/20/16 For Sale $1,300,000 -- $200 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Michael McGuire

    Seller's Agent in 2016

    Michael McGuire

    Insight Realty Group, Inc.

    (617) 839-8944

    1 in this area

    127 Total Sales

    Michael McGuire
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71991436

MLS Property Information Network (MLS PIN)

APN: DORC W:15 P:01564 S:000

Massachusetts Suffolk County Dorchester 02122 Meeting House Hill

26 Arcadia St Unit 30, Dorchester, MA

This home is located at 26 Arcadia St Unit 30, Dorchester, MA 02122 since 20 April 2016. This property was built in 1910. 26 Arcadia St Unit 30 is a home located in Suffolk County with nearby schools including UP Academy Charter School of Dorchester and Helen Y. Davis Leadership Academy Charter Public School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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