NOT LISTED FOR SALE

46 Ridgemont St Unit 48 Allston, MA 02134

Saint Elizabeths Neighborhood

Estimated Value: $1,547,000 - $2,381,450

10 Beds
5 Baths
3,062 Sq Ft
$639/Sq Ft Est. Value

Last Sold February 02, 2024

Last sale price $2,250,000 $735 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $11,532/month

57 Days on Market

Highlights

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

About This Home

As of February 2024

Welcome to 46-48 Ridgemont Street, nestled between Boston College and Boston University! This fully leased 3-family property in Allston offers unmatched luxury. Immerse yourself in stainless steel appliances, in-unit laundry, central AC, and stunning hardwood floors in each unit. Convenience is redefined with proximity to Boston Landing, universities, bus lines, and the Green Line, all just off Commonwealth Ave. Easy access to the Mass Turnpike adds to the allure. Explore endless shopping, dining, and entertainment options right at your doorstep, with hospitals and universities within reach. This turn-key gem is ideal for investors and homeowners alike. Fully leased through 8/31/24, don't miss this golden opportunity to own in the heart of Allston! Reach out today to schedule a tour.

Last Agent to Sell the Property

Zachary Conley

NextGen Realty, Inc. Listed on: 10/21/2023

Co-Listed By

Kimberly Donovan

NextGen Realty, Inc.

Last Buyer's Agent

Shikha Singh

RE/MAX Andrew Realty Services

RE/MAX Andrew Realty Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,641

Year Built

  • Built in 1890

Lot Details

  • 7,850 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,062 Sq Ft Home
  • Insulated Windows
  • Insulated Doors
  • Wood Flooring
  • Washer and Electric Dryer Hookup

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Full Bathrooms

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • 220 Volts
  • 200+ Amp Service
  • Natural Gas Connected

Listing and Financial Details

  • Total Actual Rent $14,275
  • Assessor Parcel Number 1209434

Community Details

Overview

  • 3 Units
  • Near Conservation Area
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Electric Expense $300
  • Insurance Expense $3,881
  • Operating Expense $21,798
  • Net Operating Income $156,102

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,641

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1890
  • Year Built Details: Approximate,Renovated Since
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood
  • Door Features: Insulated Doors
  • Fireplace YN: No
  • Appliances: Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections for Gas Oven, Utility Connections for Electric Oven, Utility Connections for Electric Dryer, Utility Connections Varies per Unit
  • Total Bedrooms: 10
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Laundry Features: Washer Hookup
  • Living Area: 3062
  • Spa YN: No
  • Stories Total: 6
  • Window Features: Insulated Windows
  • MAIN LO: BB9279
  • MAIN SO: AC2354

Exterior Features

  • Construction Materials: Frame, See Remarks
  • Foundation Details: Other
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Shingle, Other
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range, for Gas Oven, for Electric Oven, for Electric Dryer, Washer Hookup, Varies per Unit
  • Electric: 220 Volts, 200+ Amp Service, Other (See Remarks)
  • Water Source: Public, Individual Meter, Other
  • Hot Water: Other (See Remarks)

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University, Other
  • Senior Community YN: No

Lot Info

  • Parcel Number: 1209434
  • Zoning: 3 Family
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.18
  • Lot Size Sq Ft: 7850
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 12641

Multi Family

  • Electric Expense: 300
  • Insurance Expense: 3881
  • Net Operating Income: 156102
  • Number Of Units Total: 3
  • Operating Expense: 21798
  • Total Actual Rent: 14275
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2024
Sold by
Singh Talvinder and Kaur Maninder
Bought by
46-48 Rdgmont St Allston
Current Estimated Value
$1,956,113

Purchase Details

Closed on
Sep 22, 2020
Sold by
Op Nt and Pangakis
Bought by
Lolastar Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,273,000
Interest Rate
2.9%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Buyer Sale Price Title Company
46-48 Rdgmont St Allston -- None Available
46-48 Rdgmont St Allston -- None Available
Lolastar Llc $1,200,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lolastar Llc $1,273,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/02/2024 02/02/24 Sold $2,250,000 -3.8% $735 / Sq Ft
12/19/2023 12/19/23 For Sale $2,338,000 0.0% $764 / Sq Ft
12/18/2023 12/18/23 Pending -- -- --
12/16/2023 12/16/23 Pending -- -- --
11/20/2023 11/20/23 Price Changed $2,338,000 -0.5% $764 / Sq Ft
10/21/2023 10/21/23 For Sale $2,349,999 -- $767 / 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 $15,280 $1,319,500 $537,800 $781,700
2024 $12,829 $1,177,000 $370,500 $806,500
2023 $12,641 $1,177,000 $370,500 $806,500
2022 $11,185 $1,028,000 $352,800 $675,200
2021 $10,753 $1,007,800 $345,900 $661,900
2020 $10,031 $949,900 $331,500 $618,400
2019 $9,357 $887,800 $246,300 $641,500
2018 $8,861 $845,500 $246,300 $599,200
2017 $8,370 $790,400 $246,300 $544,100
2016 $7,763 $705,700 $246,300 $459,400
2015 $7,467 $616,600 $212,300 $404,300
2014 $6,719 $534,100 $212,300 $321,800
Source: Public Records

Agents Affiliated with this Home

  • Z

    Seller's Agent in 2024

    Zachary Conley

    NextGen Realty, Inc.

    (617) 982-8607

    1 in this area

    30 Total Sales

    Zachary Conley
    Section Image
  • Kimberly Donovan

    Seller Co-Listing Agent in 2024

    Kimberly Donovan

    NextGen Realty, Inc.

    (781) 548-0002

    1 in this area

    12 Total Sales

    Kimberly Donovan
    Section Image
  • Shikha Singh

    Buyer's Agent in 2024

    Shikha Singh

    RE/MAX

    (781) 405-4550

    1 in this area

    34 Total Sales

    Shikha Singh
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73172831

MLS Property Information Network (MLS PIN)

APN: ALLS-000000-000021-001250

Massachusetts Suffolk County Boston 02134 Saint Elizabeths

46 Ridgemont St Unit 48, Boston, MA

Not Listed for Sale

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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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