NOT LISTED FOR SALE
10 Beds
4 Baths
4,539 Sq Ft
3,049 Sq Ft Lot

Last Sold March 14, 2022

Last sale price $2,320,000 $511 Per Sq Ft

6 Days on Market

Highlights

  • Property is near public transit
  • 5-minute walk to Chestnut Hill Avenue Station
  • Community Pool
  • Wood Flooring
  • 3 Fireplaces
  • Jogging Path

About This Home

As of March 2022

Premier Investment Opportunity with numbers that work (!) in dream location in the heart of Cleveland Circle literally steps to the Brookline line and the MBTA Green Lines (B, C and D!). Rare brick 4-unit building with ideal rental layouts - top 3 units are spacious 3 bedrooms, large kitchen, fireplaced living room and additional bonus office room. First floor on ground level with private entrance is a spacious one bedroom. Rents still have room to grow and currently bringing in over $146,000 per year gross. Laundry in basement. Around the corner from million dollar condos and could also have excpetional condo conversion potential for a developer or be a great chance for an owner-user to occupy one or more units and keep the others for generational rental income. One oil-fired heating system (heat and hot water included with rents, paid by landlord. Electric is separate for a ll 4-units). Priced for immediate sale. Group showings - please inquire.

Last Agent to Sell the Property

Todd Glaskin

Coldwell Banker Realty - Newton Listed on: 01/04/2022

Coldwell Banker Realty - Newton

Co-Listed By

Gregg Leppo

Coldwell Banker Realty - Newton

Last Buyer's Agent

Jian Wang

Coldwell Banker Realty - Newton License #449597882

Coldwell Banker Realty - Newton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,882

Year Built

  • Built in 1910

Lot Details

  • 3,049 Sq Ft Lot
  • Sloped Lot

Home Design

  • Quadruplex

Interior Spaces

  • 4,539 Sq Ft Home
  • 3 Fireplaces
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 4 Full Bathrooms

Parking

  • On-Street Parking
  • Open Parking

Location

  • Property is near public transit
  • Property is near schools

Listing and Financial Details

  • Total Actual Rent $12,170
  • Assessor Parcel Number 1216462

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Amenities

  • Shops

Recreation

  • Community Pool
  • Jogging Path

Building Details

  • Electric Expense $750
  • Insurance Expense $3,200
  • Water Sewer Expense $2,150
  • Operating Expense $34,110
  • Net Operating Income $111,030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,882

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family - 4 Units Up/Down
  • Year Built: 1910
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Transaction Broker: 2.5
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 7

Interior Features

  • Flooring: Wood
  • Interior Amenities: Unit 2 Rooms(Living Room,Kitchen,Office/Den), Unit 3 Rooms(Living Room,Kitchen,Office/Den), Unit 4 Rooms(Living Room,Kitchen,Office/Den)
  • Fireplace YN: Yes
  • Fireplaces: 3
  • Total Bedrooms: 10
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bathrooms: 4
  • Basement: Full
  • Living Area: 4539
  • Stories Total: 7
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 527.65
  • PRICE PER Sq Ft: 511.13
  • MAIN SO: AN6181

Exterior Features

  • Foundation Details: Other
  • Road Frontage Type: Public
  • Waterfront YN: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Walk/Jog Trails, House of Worship, Public School, T-Station, University

Fee Information

  • Water Sewer Expenses: 2150

Lot Info

  • Parcel Number: 1216462
  • Zoning: R4
  • Farm Land Area Units: Square Feet
  • Lot Features: Sloped
  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 3049.2
  • Lot Size Units: Acres
  • LOT SIZE: 3010
  • PAGE: 338

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 13881.67
  • Tax Book Number: 61555

Multi Family

  • Electric Expense: 750
  • Gross Income: 145140
  • Insurance Expense: 3200
  • Net Operating Income: 111030
  • Number Of Units Total: 4
  • Operating Expense: 34110
  • Total Actual Rent: 12170
  • LEVELS 1: 1
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 4: 3
  • FLRS 3: 2
  • FLRS 2: 1

Range of Values:

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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 Change Sq Ft Price
03/14/2022 03/14/22 Sold $2,320,000 -3.1% $511 / Sq Ft
01/11/2022 01/11/22 Pending -- -- --
01/04/2022 01/04/22 For Sale $2,395,000 -- $528 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72931074

MLS Property Information Network (MLS PIN)