NOT LISTED FOR SALE
9 Beds
4 Baths
7,680 Sq Ft
7,841 Sq Ft

Last Sold August 24, 2021

Last sale price $1,835,000 $239 Per Sq Ft

6 Days on Market

Highlights

  • 0.18 Acre Lot
  • 5-minute walk to Sutherland Street Station
  • Balcony
  • Landscaped Professionally
  • Deck
  • 4-minute walk to Joyce Playground

About This Home

As of August 2021

Investor opportunity in the heart of Brighton! 50-50A Monastery is an oversized 4 family that sits on .18 acres with 7680 square feet of living space and 4 recently updated income-generating units with plenty more potential for the new owner. Total rent roll is $104,700 annually, leased through 7/31/2022 and under-rented reflecting current market conditions. This property boasts front and back green space with no electrical running under the right front side of the house which may be developed for parking (Due diligence to be performed by buyer). Centrally located just 3 blocks to Washington and Commonwealth Avenue (T) stop and other area amenities. Notable recent improvements include recently replaced gas furnaces (2 years, and 8 years respectively), and oil furnace in 2015. New sewer line to street was installed 2020 at cost of $26K, irrigation system for $10K, and new rubber roof and decking for 3rd floor balcony at $5K. 1-year free property management offered. SHOWINGS BY APPT ONLY

Last Agent to Sell the Property

Rahul Singh

Phoenix Realty Group Listed on: 07/15/2021

Last Buyer's Agent

Tony Chen

OWN IT

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,170

Year Built

  • Built in 1899

Lot Details

  • 7,841 Sq Ft Lot
  • Landscaped Professionally
  • Level Lot
  • Sprinkler System
  • Garden

Home Design

  • 7,680 Sq Ft Home
  • Stone Foundation

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Patio

Utilities

  • 100 Amp Service
  • 60 Amp Service
  • Gas Water Heater
  • Oil Water Heater

Listing and Financial Details

  • Total Actual Rent $8,725
  • Assessor Parcel Number W:21 P:01967 S:100,3322770

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $67,590

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,170

Year Built

Built in 1899

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1899
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 6

Interior Features

  • Fireplace YN: No
  • Appliances: Washer, Dryer, Oil Water Heater,Gas Water Heater
  • Total Bedrooms: 9
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Living Area: 7680
  • Stories Total: 6
  • MAIN LO: NB9117
  • MAIN SO: NB4126

Exterior Features

  • Exterior Features: Balcony, Professional Landscaping, Sprinkler System, Garden, Balcony/Deck
  • Foundation Details: Stone
  • Patio And Porch Features: Deck, Patio
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Electric: 60 Amps/Less, 100 Amp Service
  • Water Source: Public

Lot Info

  • Parcel Number: W:21 P:01967 S:100,3322770
  • Zoning: R4
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.18
  • Lot Size Sq Ft: 7840.799999
  • Lot Size Units: Acres
  • LOT SIZE: 8021

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 13170

Multi Family

  • Net Operating Income: 67590
  • Number Of Units Total: 4
  • Total Actual Rent: 8725
  • LEVELS 1: 1
  • LEVELS 4: 2
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 3
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2021 08/24/21 Sold $1,835,000 +6.4% $239 / Sq Ft
07/21/2021 07/21/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $1,725,000 -- $225 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $13,828 $1,194,100 $404,200 $789,900
2024 $12,984 $1,191,200 $404,200 $787,000
2023 $13,221 $1,231,000 $404,200 $826,800
2022 $13,188 $1,212,100 $404,200 $807,900
2021 $13,170 $1,234,300 $329,800 $904,500
2020 $12,602 $1,193,400 $329,800 $863,600
2019 $12,390 $1,175,500 $329,700 $845,800
2018 $11,727 $1,119,000 $314,700 $804,300
2017 $11,522 $1,088,000 $299,800 $788,200
2016 $10,780 $980,000 $277,300 $702,700
2015 $10,542 $870,500 $254,800 $615,700
2014 $10,724 $852,500 $224,800 $627,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72866272

MLS Property Information Network (MLS PIN)

APN: BRIG W:21 P:01967 S:100

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