$1,582,500
SOLD DEC 11, 2024
9 Beds
3 Baths
3,679 Sq Ft
5,573 Sq Ft Lot

Recently Sold

$430 Per Sq Ft

17% Below List Price

79 Days on Market

Highlights

  • Golf Course Community
  • Property is near public transit
  • Wood Flooring
  • Medical Services
  • Wooded Lot
  • 4-minute walk to Ringer Park

About This Home

As of December 2024

Investors! This astounding 3-family home in Allston, Massachusetts, is a turnkey opportunity you don't want to miss. With a private entrance for the 1st-floor unit and shared entrance for the 2nd and 3rd floors, this property offers convenience and privacy for tenants. Two out of three units have undergone total renovations, ensuring modern and appealing living spaces. Fully leased for this season and the next, starting 9/1/24. Each unit comprises three bedrooms, making it ideal for families or young professionals seeking ample living space. Modern amenities include common laundry facilities, hardwood floors throughout, and contemporary kitchens and bathrooms.Prime Location: Strategically located just 5 minutes from the B-line train, offering easy access to public transportation for residents.Close proximity to Allston Village, the Mass Pike, Harvard Business School, Cambridge, Soldier's Field Road, and more.

Last Agent to Sell the Property

Adam Kotkin

Red Tree Real Estate Listed on: 08/05/2024

Red Tree Real Estate

Last Buyer's Agent

Brandon Muroff

Brandon Muroff

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,714

Year Built

  • Built in 1910

Lot Details

  • 5,573 Sq Ft Lot
  • Near Conservation Area
  • Wooded Lot

Home Design

  • Stone Foundation
  • Frame Construction

Interior Spaces

  • 3,679 Sq Ft Home
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Parking Spaces
  • Tandem Parking
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • Property is near schools

Listing and Financial Details

  • Total Actual Rent $10,679
  • Assessor Parcel Number W:21 P:01235 S:000,1209424

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Park

Building Details

  • Electric Expense $521
  • Insurance Expense $3,642
  • Water Sewer Expense $2,164
  • Operating Expense $10,035
  • Net Operating Income $128,148

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,714

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1910
  • Year Built Details: Actual
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 6

Interior Features

  • Flooring: Wood
  • Fireplace YN: No
  • Total Bedrooms: 9
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • Living Area: 3679
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN0907
  • LIST PRICE PER Sq Ft: 516.17
  • PRICE PER Sq Ft: 430.14
  • MAIN SO: AN0907

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Tandem, Paved
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, Public School, T-Station, University
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 2164

Lot Info

  • Parcel Number: W:21 P:01235 S:000,1209424
  • Zoning: R3
  • Farm Land Area Units: Square Feet
  • Lot Features: Wooded
  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Size Sq Ft: 5573
  • Lot Size Units: Acres
  • PAGE: 14
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 13714
  • Tax Book Number: 59608

Multi Family

  • Electric Expense: 521
  • Gross Income: 128148
  • Insurance Expense: 3642
  • Net Operating Income: 128148
  • Number Of Units Total: 3
  • Operating Expense: 10035
  • Total Actual Rent: 10679
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 18, 2018
Sold by
Hyde Park Rt and Barach
Bought by
Jm Investment Llc
Current Estimated Value
$1,619,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$686,250
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 14, 2016
Sold by
Green David C
Bought by
Hyde Park Rt and Green
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 $915,000 --
Deed $915,000 --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,082,500 Purchase Money Mortgage
Closed $1,082,500 Purchase Money Mortgage
Closed $125,000 Commercial
Closed $686,250 Commercial
Previous Owner $200,000 No Value Available
Previous Owner $70,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2024 12/11/24 Sold $1,582,500 -16.7% $430 / Sq Ft
10/23/2024 10/23/24 Pending -- -- --
08/05/2024 08/05/24 For Sale $1,899,000 -- $516 / 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 $17,902 $1,545,900 $386,000 $1,159,900
2024 $13,553 $1,243,400 $339,900 $903,500
2023 $13,354 $1,243,400 $339,900 $903,500
2022 $12,884 $1,184,200 $323,700 $860,500
2021 $12,388 $1,161,000 $317,400 $843,600
2020 $11,785 $1,116,000 $307,800 $808,200
2019 $11,191 $1,061,800 $228,700 $833,100
2018 $10,596 $1,011,100 $228,700 $782,400
2017 $10,011 $945,300 $228,700 $716,600
2016 $9,284 $844,000 $228,700 $615,300
2015 $8,031 $663,200 $182,100 $481,100
2014 $7,227 $574,500 $182,100 $392,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73273715

MLS Property Information Network (MLS PIN)

APN: ALLS-000000-000021-001235