NOT LISTED FOR SALE

Estimated Value: $1,304,000 - $1,504,206

9 Beds
6 Baths
3,600 Sq Ft
$398/Sq Ft Est. Value

Last Sold March 06, 2023

Last sale price $1,325,000 $368 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $9,150/month

25 Days on Market

Highlights

  • Golf Course Community
  • 4-minute walk to Fields Corner Station
  • Property is near public transit
  • Medical Services
  • Waterfront
  • Wood Flooring

About This Home

As of March 2023

Large turn-key 3 family fully rented investment building in Dorchester's bustling Field's Corner neighborhood 2 minutes away from the Red Line T available now! The building features (3) 3 bed 2 bathroom units primary suites & is a steady cash cow investment. This building was completely renovated under 5 years ago & features new plumbing/HVAC, central air, updated electrical, spa designer bathrooms, brand new kitchens with open lay-outs, in-unit laundry, stainless steel appliances, new hardwood floors, high ceilings, recessed lighting, wide hallways, & much more. Units are separately metered for gas & electricity. The building is located blocks away from the Fields Corner Red Line T-Stop, Target, parks, shops/restaurants, close to nearby highway I-93, UMASS Boston, Seaport, & Downtown Boston. Value add opportunity to add an additional 4th unit in the basement. Great investment with value add opportunities. Buy this building and start collecting rents instantly.

Last Agent to Sell the Property

Markese Daise

Stony Brook & Lennox Realty Advisors Listed on: 01/05/2023

Last Buyer's Agent

Markese Daise

Stony Brook & Lennox Realty Advisors Listed on: 01/05/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,864

Year Built

  • Built in 1905

Lot Details

  • 5,000 Sq Ft Lot
  • Waterfront
  • Level Lot

Home Design

  • Frame Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,600 Sq Ft Home
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Full Bathrooms

Parking

  • Driveway
  • Paved Parking
  • Open Parking

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

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

Listing and Financial Details

  • Total Actual Rent $9,000
  • Assessor Parcel Number W:15 P:00637 S:000,1305139

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops

Recreation

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

Building Details

  • Net Operating Income $108,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,864

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1905
  • Buyer Agency: 2
  • Transaction Broker: 2
  • Year Built Details: Actual,Renovated Since
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Hardwood
  • Fireplace YN: No
  • Appliances: Gas Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 9
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Total Bathrooms: 6
  • Basement: Full
  • Living Area: 3600
  • Stories Total: 6
  • MAIN LO: AN7064
  • LIST PRICE PER Sq Ft: 388.61
  • PRICE PER Sq Ft: 368.06
  • MAIN SO: AN7064

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Rubber
  • Waterfront Features: Waterfront, Beach Front
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Driveway, Paved

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Electric: 200+ Amp Service
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 3

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University

Lot Info

  • Parcel Number: W:15 P:00637 S:000,1305139
  • Zoning: R3
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 5000
  • Lot Size Units: Acres
  • PAGE: 277
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9864
  • Tax Book Number: 62192

Multi Family

  • Gross Income: 108000
  • Net Operating Income: 108000
  • Number Of Units Total: 3
  • Total Actual Rent: 9000
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • COOLING UNITS: 3
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2020
Sold by
Nguyen Tri
Bought by
Double T Ft 2
Current Estimated Value
$1,433,802

Purchase Details

Closed on
Dec 6, 2019
Sold by
Huynh Tuan N and Le Loan K
Bought by
Nguyen Tri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2009
Sold by
Huynh Tuan N and Huynh Tu N
Bought by
Huynh Tuan N and Le Loan K

Purchase Details

Closed on
Oct 30, 2006
Sold by
Derosena Arnold and Derosena Josula
Bought by
Huynh Tu N and Huynh Tuan N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,700
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Double T Ft 2 -- None Available
Nguyen Tri $840,000 None Available
Huynh Tuan N -- --
Huynh Tu N $410,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Tim H $625,000
Closed Double T Ft 2 $644,000
Previous Owner Nguyen Tri $200,000
Previous Owner Nguyen Tri $630,000
Previous Owner Huynh Tu N $315,700
Previous Owner Huynh Tu N $6,643
Previous Owner Derosena Arnold $200,000
Previous Owner Derosena Arnold $162,500
Previous Owner Derosena Arnold $10,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2023 03/06/23 Sold $1,325,000 -5.3% $368 / Sq Ft
01/30/2023 01/30/23 Pending -- -- --
01/30/2023 01/30/23 Price Changed $1,399,000 +2.2% $389 / Sq Ft
01/25/2023 01/25/23 Price Changed $1,369,000 -0.7% $380 / Sq Ft
01/19/2023 01/19/23 Price Changed $1,379,000 -1.4% $383 / Sq Ft
01/05/2023 01/05/23 For Sale $1,399,000 -- $389 / 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 $16,235 $1,402,000 $307,400 $1,094,600
2024 $11,736 $1,076,700 $181,900 $894,800
2023 $10,710 $997,200 $168,500 $828,700
2022 $9,864 $906,600 $153,200 $753,400
2021 $7,258 $680,200 $145,900 $534,300
2020 $5,676 $537,500 $145,800 $391,700
2019 $4,919 $466,700 $102,500 $364,200
2018 $4,366 $416,600 $102,500 $314,100
2017 $4,283 $404,400 $102,500 $301,900
2016 $3,937 $357,900 $102,500 $255,400
2015 $3,541 $292,400 $109,300 $183,100
2014 $3,283 $261,000 $109,300 $151,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73068583

MLS Property Information Network (MLS PIN)

APN: DORC-000000-000015-000637