NOT LISTED FOR SALE

Estimated Value: $1,383,000 - $1,679,000

5 Beds
3 Baths
2,520 Sq Ft
$620/Sq Ft Est. Value

Last Sold January 22, 2024

Last sale price $1,500,000 $595 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $9,776/month

150 Days on Market

About This Home

As of January 2024

Located in a quaint, private way just off of Margaret St in Boston's historic North End, this 3-unit, multifamily is a solid investment for immediate rental income or a tremendous potential value-add opportunity for investors to maximize rent and square footage after renovation. He does not The property is located just steps away from the area's famous collection of pastry shops, bars, and countless fine restaurants, 5 Cleveland Place is a meticulously maintained property in one of the city’s most charming, highly coveted neighborhoods! Boasting a rare 99/100 walk score, this property is just a short walk to the Financial District, Waterfront, North Station, MGH, and much, much more! Easy access to highways and public transportation!

Last Agent to Sell the Property

Olivia Scimeca

Greenway Realty Group, LLC Listed on: 06/28/2023

Co-Listed By

Lisa Ventresca

Greenway Realty Group, LLC

Last Buyer's Agent

Marissa Tavares

Camdan Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,987

Year Built

  • Built in 1890

Lot Details

  • 1,042 Sq Ft Lot
  • Level Lot

Home Design

  • 2,520 Sq Ft Home
  • Block Foundation

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Listing and Financial Details

  • Total Actual Rent $1,400
  • Assessor Parcel Number 3365331

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $16,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,987

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1890
  • Buyer Agency: 2
  • Transaction Broker: 0
  • Year Built Details: Actual
  • 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

  • Fireplace YN: No
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Living Area: 2520
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN3781
  • LIST PRICE PER Sq Ft: 615.08
  • PRICE PER Sq Ft: 595.24
  • MAIN SO: AN2584

Exterior Features

  • Foundation Details: Block
  • Home Warranty YN: No
  • 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: 3365331
  • Zoning: 3
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.02
  • Lot Size Area: 0.02
  • Lot Size Sq Ft: 1042
  • Lot Size Units: Acres
  • PAGE: 406
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 12987
  • Tax Book Number: 7775

Multi Family

  • Gross Income: 16800
  • Net Operating Income: 16800
  • Number Of Units Total: 3
  • Total Actual Rent: 1400
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

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

Mortgage History

Date Status Borrower Loan Amount
Closed Lam Baohoang B $1,125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2024 01/22/24 Sold $1,500,000 -3.2% $595 / Sq Ft
11/26/2023 11/26/23 Pending -- -- --
11/06/2023 11/06/23 For Sale $1,550,000 +3.3% $615 / Sq Ft
10/31/2023 10/31/23 Off Market $1,500,000 -- --
10/19/2023 10/19/23 Price Changed $1,550,000 -6.1% $615 / Sq Ft
06/28/2023 06/28/23 For Sale $1,650,000 -- $655 / 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 $15,107 $1,304,600 $441,300 $863,300
2024 $13,180 $1,209,200 $371,700 $837,500
2023 $12,987 $1,209,200 $371,700 $837,500
2022 $12,181 $1,119,600 $344,200 $775,400
2021 $11,946 $1,119,600 $344,200 $775,400
2020 $11,140 $1,054,900 $340,000 $714,900
2019 $10,392 $986,000 $264,100 $721,900
2018 $9,654 $921,200 $264,100 $657,100
2017 $9,287 $877,000 $264,100 $612,900
2016 $9,018 $819,800 $264,100 $555,700
2015 $8,703 $718,700 $244,700 $474,000
2014 $8,105 $644,300 $244,700 $399,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73130565

MLS Property Information Network (MLS PIN)

APN: CBOS-000000-000003-002229-000001