$1,650,000
$75K PRICE DROP

Estimated payment $10,165/month

Total Views 2,204
6 Beds
2 Baths
1,952 Sq Ft
$845 Price per Sq Ft

About This Home

****TURNKEY investment property**** Comprised of two (2) 3-Bedroom/1-Bathroom units and two (2) parking spaces. Ideally located a block from the intersection of East and West Broadway, this Property presents a unique opportunity to acquire a fully leased core asset in an exceptional urban-infill location within one of the nation's most robust real estate markets. The subject property is ideal for a savvy investor looking for income growth, strong investment returns, or stable cash flow in a market with historically high rental demand. In place rents are below market rates and offer upside potential by achieving market rents upon lease renewal. Excellent location with convenient access to transportation networks connecting to the other neighborhoods of Boston. Apartments currently rented at $4600 each on lease to 8/31/25. 2 parking spaces rented for $350 each on lease to 8/31/25. Total Gross Monthly rent roll is $9900 per month.

Listing Agent

Giancarlo Tiberi

Core Property Group, LLC

Co-Listing Agent

Chris Capo

Core Property Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,681

Year Built

  • Built in 1890

Parking

  • 2 Car Parking Spaces

Interior Spaces

  • Property has 2 Levels
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 1,215 Sq Ft Lot
  • 2 Heating Zones

Community Details

  • 2 Units
  • Net Operating Income $118,800

Listing and Financial Details

  • Assessor Parcel Number 1412126

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,681

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1890
  • Levels: 4
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Year Built Details: Approximate
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Other
  • Special Features: None
  • Stories: 4

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 6
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • Above Grade Finished Sq Ft: 1464
  • Below Grade Sq Ft: 488
  • Living Area: 1952
  • Spa YN: No
  • Stories Total: 4
  • MAIN LO: AC1676
  • LIST PRICE PER Sq Ft: 845.29
  • PRICE PER Sq Ft: 845.29

Exterior Features

  • Foundation Details: Other
  • Home Warranty YN: No
  • Waterfront Features: Beach Front
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: 1412126
  • Zoning: RES
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.03
  • Lot Size Area: 0.03
  • Lot Size Sq Ft: 1215
  • Lot Size Units: Acres
  • PAGE: 99
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 11681
  • Tax Book Number: 66486

Multi Family

  • Gross Income: 118800
  • Net Operating Income: 118800
  • Number Of Units Total: 2
  • Total Actual Rent: 9900
  • LEVELS 1: 2
  • Basement Included Sq Ft: Yes
  • LEVELS 2: 2
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $11,577 $999,700 $327,600 $672,100
2024 $10,192 $935,000 $291,300 $643,700
2023 $9,298 $865,700 $269,700 $596,000
2022 $9,054 $832,200 $259,300 $572,900
2021 $8,706 $815,900 $254,200 $561,700
2020 $8,360 $791,700 $254,500 $537,200
2019 $7,584 $719,500 $196,500 $523,000
2018 $7,047 $672,400 $196,500 $475,900
2017 $6,474 $611,300 $196,500 $414,800
2016 $6,724 $611,300 $196,500 $414,800
2015 $5,316 $439,000 $147,100 $291,900
2014 $4,707 $374,200 $147,100 $227,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2025 04/15/25 Price Changed $1,650,000 -4.3% $845 / Sq Ft
03/30/2025 03/30/25 For Sale $1,725,000 0.0% $884 / Sq Ft
01/12/2018 01/12/18 Rented $2,650 -1.7% --
01/08/2018 01/08/18 Under Contract -- -- --
11/27/2017 11/27/17 Price Changed $2,695 -3.8% $0 / Sq Ft
11/14/2017 11/14/17 For Rent $2,800 -- --
Source: MLS Property Information Network (MLS PIN)

Deed History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Deed $470,000 --
Deed $465,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,068,750 Purchase Money Mortgage
Previous Owner $1,000,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $852,982 Purchase Money Mortgage
Previous Owner $456,415 FHA
Previous Owner $453,805 FHA
Previous Owner $446,500 Purchase Money Mortgage
Previous Owner $400,000 Purchase Money Mortgage
Previous Owner $168,750 No Value Available
Previous Owner $20,000 No Value Available
Source: Public Records

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73351930

MLS Property Information Network (MLS PIN)

APN: SBOS-000000-000006-001976