NOT LISTED FOR SALE
9 Beds
5 Baths
3,960 Sq Ft
1,470 Sq Ft Lot

Last Sold May 26, 2023

Last sale price $2,750,000 $694 Per Sq Ft

10 Days on Market

Highlights

  • Medical Services
  • Wood Flooring
  • Patio
  • Property is near public transit
  • Balcony
  • Park

About This Home

As of May 2023

Attention developers and investors! Rarely available turn key 4 unit apartment building steps from Boston Medical Center, BU Medical and Dental Schools, Northeastern University and South End favorites Flour Bakery, Toro and Mike's Diner. These rentals are always in high demand with Unit 1 a parlor 3 bedroom, 2 bath duplex, Unit 2 a 2 bedroom, 1 bath with balcony, Unit 3 a 2 bedroom, 1 bath with balcony and Unit 4 a 2 bedroom, 1 bath penthouse. Since purchase in 2012 the seller has made significant and numerous capital improvements. 2022 Gross Receipts $161,460 and projected 2023 Gross based on 6/1 renewal rates $175,620. A list of the improvements, income and expenses available upon request. Two parking spaces are included in the rear of the property. By appointment only.

Last Agent to Sell the Property

Paul Whaley

Coldwell Banker Realty - Boston Listed on: 04/10/2023

Coldwell Banker Realty - Boston

Last Buyer's Agent

Rich Dolabany

Boston Heritage Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,829

Year Built

  • Built in 1910

Lot Details

  • 1,470 Sq Ft Lot
  • Level Lot

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Stone Foundation
  • Rubber Roof

Interior Spaces

  • 3,960 Sq Ft Home
  • Wood Flooring

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Full Bathrooms

Parking

  • 2 Car Parking Spaces
  • Deeded Parking

Outdoor Features

  • Balcony
  • Patio

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Total Actual Rent $13,995
  • Rent includes unit 1(hot water), unit 2(hot water), unit 3(hot water), unit 4(hot water)
  • Assessor Parcel Number W:08 P:01487 S:000,3391947

Community Details

Overview

  • 4 Units
  • Property has 2 Levels

Amenities

  • Medical Services
  • Shops

Recreation

  • Park

Building Details

  • Net Operating Income $144,119

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,829

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family - 4 Units Up/Down
  • Year Built: 1910
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 10

Interior Features

  • Flooring: Hardwood
  • Interior Amenities: Unit 1 Rooms(Kitchen,Living RM/Dining RM Combo), Unit 2 Rooms(Kitchen,Living RM/Dining RM Combo), Unit 3 Rooms(Kitchen,Living RM/Dining RM Combo), Unit 4 Rooms(Kitchen,Living RM/Dining RM Combo)
  • Fireplace YN: No
  • Appliances: Electric Water Heater, Utility Connections for Electric Range
  • Total Bedrooms: 9
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Living Area: 3960
  • Spa YN: No
  • Stories Total: 10
  • MAIN LO: AN6181
  • MAIN SO: AC1122

Exterior Features

  • Exterior Features: Balcony
  • Construction Materials: Brick
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Patio
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Deeded
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Heating: Unit 1(Electric Baseboard), Unit 2(Electric Baseboard), Unit 3(Electric Baseboard), Unit 4(Electric Baseboard)
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, University
  • Rent Includes: Unit 1(Hot Water), Unit 2(Hot Water), Unit 3(Hot Water), Unit 4(Hot Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: W:08 P:01487 S:000,3391947
  • Zoning: R4
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.03
  • Lot Size Sq Ft: 1470
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 19829.26

Multi Family

  • Net Operating Income: 144119
  • Number Of Units Total: 4
  • Total Actual Rent: 13995
  • LEVELS 1: 2
  • Basement Included Sq Ft: Yes
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 3

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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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 List to Sale Price per Sq Ft Prior Sale
05/26/2023 05/26/23 Sold $2,750,000 -8.2% $694 / Sq Ft
04/21/2023 04/21/23 Pending -- -- --
04/10/2023 04/10/23 For Sale $2,995,000 +121.9% $756 / Sq Ft
05/08/2012 05/08/12 Sold $1,350,000 -3.5% $426 / Sq Ft View Prior Sale
04/08/2012 04/08/12 Pending -- -- --
01/23/2012 01/23/12 For Sale $1,399,000 -- $442 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73096855

MLS Property Information Network (MLS PIN)