NOT LISTED FOR SALE

Estimated Value: $1,782,000 - $2,428,000

12 Beds
6 Baths
4,149 Sq Ft
$504/Sq Ft Est. Value

Last Sold June 21, 2023

Last sale price $2,335,000 $563 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $12,514/month

27 Days on Market

Highlights

  • Marina
  • Medical Services
  • Property is near public transit
  • Golf Course Community
  • Deck
  • Wood Flooring

About This Home

As of June 2023

Turnkey 3-family located in the heart of Dorchester’s vibrant Polish Triangle neighborhood. The 3 luxury rental units, each consisting of 4 bedrooms & 2 bathrooms, has been renovated to the studs. The units feature modern kitchens with semi-custom cabinetry, quartz countertops & stainless steel appliances, modern bathrooms, in-unit laundry, new efficient HVAC systems & water heaters. The electrical & plumbing systems have been fully updated. Each unit has private outdoor space, high ceilings that enhance the sense of spaciousness, an abundance of natural light, great views & hardwood floors throughout. Located in close proximity to the JFK/UMass Redline T-Station, UMass Boston, South Bay, Dorchester Brewing, beaches, parks, I-93, downtown Boston, as well as a plethora of restaurants & shops, offering unparalleled convenience & accessibility. This is a fantastic investment opportunity, with all units rented through 8/31/24 with a monthly rent roll of $13,350 & a 6% cap rate.

Last Agent to Sell the Property

Eric Johnson

Compass Listed on: 05/16/2023

Compass

Last Buyer's Agent

Mission Realty Advisors

Compass

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,757

Year Built

  • Built in 1905 | Remodeled

Lot Details

  • 2,100 Sq Ft Lot
  • Near Conservation Area
  • Fenced

Home Design

  • Triplex
  • Stone Foundation
  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 4,149 Sq Ft Home
  • Insulated Windows
  • Basement Fills Entire Space Under The House

Kitchen

  • Microwave
  • Freezer
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms

Laundry

  • Laundry Room
  • Washer

Parking

  • On-Street Parking
  • Open Parking

Outdoor Features

  • Deck
  • Patio
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Clap Innovation Elementary School
  • Mccormack Middle School
  • Excel High School

Utilities

  • Cooling Available
  • 3 Cooling Zones
  • 3 Heating Zones
  • Heating Available
  • 200+ Amp Service
  • Natural Gas Connected
  • Electric Water Heater

Listing and Financial Details

  • Total Actual Rent $13,350
  • Rent includes unit 2(water), unit 3(water)
  • Assessor Parcel Number W:07 P:02823 S:000,1296086

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Net Operating Income $160,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,757

Year Built

Built in 1905 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Property Condition: Unit 1 Remodeled, Unit 2 Remodeled, Unit 3 Remodeled
  • Year Built: 1905
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 6

Interior Features

  • Flooring: Wood,Tile, Unit 1(undefined), Unit 2(Tile Floor,Hardwood Floors,Wood Flooring,Stone/Ceramic Tile Floor), Unit 3(Hardwood Floors,Wood Flooring,Stone/Ceramic Tile Floor)
  • Interior Amenities: Unit 1(Cathedral/Vaulted Ceilings,Storage,Stone/Granite/Solid Counters,High Speed Internet Hookup,Upgraded Cabinets,Upgraded Countertops,Bathroom with Shower Stall,Open Floor Plan,Slider), Unit 2(Cathedral/Vaulted Ceilings,Storage,High Speed Internet Hookup,Upgraded Cabinets,Upgraded Countertops,Bathroom with Shower Stall,Open Floor Plan,Slider), Unit 3(Cathedral/Vaulted Ceilings,Storage,High Speed Internet Hookup,Upgraded Cabinets,Upgraded Countertops,Bathroom with Shower Stall,Open Floor Plan,Slider), Unit 1 Rooms(Kitchen,Living RM/Dining RM Combo), Unit 2 Rooms(Kitchen,Living RM/Dining RM Combo), Unit 3 Rooms(Kitchen,Living RM/Dining RM Combo)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Disposal,Microwave,Refrigerator,Freezer,Washer,Dryer), Unit 2(Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer), Unit 3(Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer), Electric Water Heater, Plumbed For Ice Maker, Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 12
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Laundry Features: Washer Hookup, Unit 1 Laundry Room, Unit 2 Laundry Room, Unit 3 Laundry Room
  • Basement: Full
  • Living Area: 4149
  • Spa YN: No
  • Stories Total: 6
  • Window Features: Insulated Windows
  • MAIN LO: AN2383
  • MAIN SO: AN2383

Exterior Features

  • Exterior Features: Unit 1 Balcony/Deck, Unit 2 Balcony/Deck, Unit 3 Balcony/Deck
  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck, Patio
  • Road Frontage Type: Public
  • Roof: Rubber
  • Waterfront Features: Beach Front, Bay, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup, Icemaker Connection
  • Cooling: Unit 1(Central Air), Unit 2(Central Air), Unit 3(Central Air)
  • Heating: Unit 1(Central Heat), Unit 2(Central Heat), Unit 3(Central Heat)
  • Cooling Y N: Yes
  • Electric: 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 3

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Marina, Public School, T-Station, University
  • Rent Includes: Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: W:07 P:02823 S:000,1296086
  • Zoning: 3F
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.05
  • Lot Size Sq Ft: 2100
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 12756.65

Multi Family

  • Net Operating Income: 160200
  • Number Of Units Total: 3
  • Total Actual Rent: 13350
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • COOLING UNITS: 3
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 3

MLS Schools

  • High School: Excel High
  • Elementary School: Clap Innovation
  • Middle Or Junior School: Mccormack

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2023
Sold by
Hudson Jordon
Bought by
Tce Mt Vernon Llc
Current Estimated Value
$2,092,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,186,350
Outstanding Balance
$1,167,390
Interest Rate
7.76%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$925,230

Purchase Details

Closed on
Apr 22, 2021
Sold by
Marciniak Teresa and Marciniak Amy
Bought by
Marciniak Teresa and Marciniak Amy

Purchase Details

Closed on
Jan 7, 2008
Sold by
Marciniak Teresa
Bought by
Marciniak Amy and Marciniak Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,250
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Tce Mt Vernon Llc -- None Available
Hudson Jordon -- None Available
Tce Mt Vernon Llc -- None Available
Hudson Jordon -- None Available
Marciniak Teresa -- None Available
Marciniak Teresa -- None Available
Marciniak Amy -- --
Marciniak Amy -- --
Marciniak Amy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hudson Jordon $1,186,350
Closed Hudson Jordon $1,186,350
Previous Owner Marciniak Amy $365,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/21/2023 06/21/23 Sold $2,335,000 -0.6% $563 / Sq Ft
06/13/2023 06/13/23 Pending -- -- --
05/16/2023 05/16/23 For Sale $2,350,000 +62.3% $566 / Sq Ft
07/28/2021 07/28/21 Sold $1,448,000 +4.3% $378 / Sq Ft View Prior Sale
05/04/2021 05/04/21 Pending -- -- --
04/27/2021 04/27/21 For Sale $1,388,000 -- $362 / 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 $18,087 $1,561,900 $294,800 $1,267,100
2024 $15,393 $1,412,200 $258,900 $1,153,300
2023 $12,641 $1,177,000 $215,800 $961,200
2022 $10,349 $951,200 $218,000 $733,200
2021 $9,486 $889,000 $203,700 $685,300
2020 $8,939 $846,500 $215,700 $630,800
2019 $7,760 $736,200 $139,800 $596,400
2018 $6,887 $657,200 $139,800 $517,400
2017 $6,506 $614,400 $139,800 $474,600
2016 $6,035 $548,600 $139,800 $408,800
2015 $5,096 $420,800 $106,800 $314,000
2014 -- $382,600 $106,800 $275,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73112202

MLS Property Information Network (MLS PIN)

APN: DORC-000000-000007-002823