$4,000,000
SOLD FEB 10, 2025
12 Beds
8 Baths
4,200 Sq Ft
1,150 Sq Ft Lot

Recently Sold

$952 Per Sq Ft

11% Below List Price

96 Days on Market

Highlights

  • Deck
  • Corner Lot
  • 2-minute walk to Polcari Park

About This Home

As of February 2025

RARE BRAND NEW GUT RENOVATED NORTH END MIXED USED BUILDING IN PREMIER LOCATION! PROJECTED INCOME OVER 300,000! This 4 level brick stunner is situated on one of the best corners in Bostons historic north end. The commercial storefront space is directly across the street from the Old North Church, allowing for rarely seen foot traffic. Two buildings were combined years ago, to create this massive 6 Unit structure. The exteriors have been masterfully refurbished to bring back to life their original design leaving the impression of two district buildings on the exterior, both with amazing character. The interior has been gut renovated: brand new high efficiency systems, gourmet kitchens, luxurious bathroom, & stunning finish packages. Located in one of the nations strongest rental markets & Boasting an extremely attractive unit configuration (2) 4-Bed 2 bath (1) 2 Bed 1 bath, (2) 1 bed 1 baths, and (1) commercial storefront, this Brand new hands free generation asset

Last Agent to Sell the Property

Greg McCarthy

Riverfront REALTORS® Listed on: 09/17/2024

Last Buyer's Agent

ryan taylor

Fortune RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,572

Year Built

  • Built in 1899

Lot Details

  • 1,150 Sq Ft Lot
  • Corner Lot

Home Design

  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,200 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Full Bathrooms

Outdoor Features

  • Deck

Listing and Financial Details

  • Total Actual Rent $19,050
  • Assessor Parcel Number W:03 P:02176 S:000,3365264

Community Details

Overview

  • 6 Units
  • Property has 1 Level

Building Details

  • Operating Expense $45,090
  • Net Operating Income $255,510

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,572

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1899
  • Levels: 12
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 12

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 12
  • Full Bathrooms: 8
  • Total Bathrooms: 8
  • Total Bathrooms: 8
  • Basement: Full
  • Above Grade Finished Sq Ft: 4200
  • Living Area: 4200
  • Spa YN: No
  • Stories Total: 12
  • MAIN LO: NB3861
  • LIST PRICE PER Sq Ft: 1044.05
  • PRICE PER Sq Ft: 952.38
  • MAIN SO: AN5321

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Vinyl
  • Roof: Rubber
  • Waterfront Features: Beach Front, 1/2 to 1 Mile To Beach
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: W:03 P:02176 S:000,3365264
  • Zoning: RC
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.03
  • Lot Size Area: 0.03
  • Lot Size Sq Ft: 1150
  • Lot Size Units: Acres
  • PAGE: 1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 12572.06
  • Tax Book Number: 1

Multi Family

  • Gross Income: 300600
  • Net Operating Income: 255510
  • Number Of Units Total: 6
  • Operating Expense: 45090
  • Total Actual Rent: 19050
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 4
  • FLRS 4: 2
  • FLRS 3: 2
  • FLRS 2: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2024
Closed on
Feb 10, 2025
Sold by
Gjm 4 Hull St Llc
Bought by
Summer Enterprises Llc
Seller's Agent
Greg McCarthy
Riverfront REALTORS®
Buyer's Agent
ryan taylor
Fortune RE
List Price
$4,500,000
Sold Price
$4,000,000
Premium/Discount to List
-$500,000
-11.11%
Views
63
Current Estimated Value
$4,132,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,183
Avg. Annual Appreciation
6.09%
Original Mortgage
$2,981,250
Outstanding Balance
$2,968,521
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,163,662
Source: Public Records

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Range of Values:

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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 $3,975,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,981,250 Purchase Money Mortgage
Previous Owner $2,294,500 Stand Alone Refi Refinance Of Original Loan
Previous Owner $1,312,500 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2025 02/10/25 Sold $4,000,000 -8.8% $952 / Sq Ft
12/22/2024 12/22/24 Pending -- -- --
12/03/2024 12/03/24 Price Changed $4,385,000 -2.6% $1,044 / Sq Ft
09/17/2024 09/17/24 For Sale $4,500,000 -- $1,071 / 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 -- $1,956,500 $562,600 $1,393,900
2024 -- $1,153,400 $307,800 $845,600
2023 $0 $1,195,200 $307,800 $887,400
2022 $0 $1,176,400 $307,800 $868,600
2021 $0 $1,171,900 $303,900 $868,000
2020 $0 $1,135,600 $303,900 $831,700
2019 $0 $1,113,500 $303,900 $809,600
2018 $0 $1,064,000 $292,100 $771,900
2017 $0 $1,028,000 $277,700 $750,300
2016 -- $960,500 $256,700 $703,800
2015 -- $761,500 $229,200 $532,300
2014 -- $690,500 $157,200 $533,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73291157

MLS Property Information Network (MLS PIN)

APN: CBOS-000000-000003-002176