NOT LISTED FOR SALE
6 Beds
6 Baths
4,327 Sq Ft
5,719 Sq Ft Lot

Last Sold October 04, 2024

Last sale price $1,250,000 $289 Per Sq Ft

17 Days on Market

Highlights

  • Waterfront
  • 2 Fireplaces
  • Level Lot
  • Wood Flooring
  • Porch

About This Home

As of October 2024

Rare investment: 60 Baltimore Street located in the sought after Diamond District and 2 blocks from the ocean. The property is 3 stories, with 4 residential apartments and 2 in-law units with rentable square footage of 4,327 and a total gross square footage of 6,835 on a .13-acre lot. The property unit mix consists of (2) 1-bedroom + den apartments and (4) 1-bedrooms. All units have separately metered electric, two egresses and are assessed and taxed on Patriot Properties as a 6 family. First floor units have a living room, dining room and laundry connections. The building has gone through many capital improvements throughout the years. 6-8 off-street parking spots are located on both sides of the property as well as 6 storage units. The building is in close proximity to multiple routes of transportation to Boston and surrounding areas such as RT1A, RT107 and RT60 along with numerous public transportation options.

Last Agent to Sell the Property

Dan Pouladian

North Shore Realty Advisors Listed on: 06/07/2024

Last Buyer's Agent

Dan Pouladian

North Shore Realty Advisors Listed on: 06/07/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,712

Year Built

  • Built in 1890

Lot Details

  • 5,719 Sq Ft Lot
  • Waterfront
  • Level Lot

Home Design

  • Quadruplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 4,327 Sq Ft Home
  • 2 Fireplaces
  • Insulated Windows
  • Insulated Doors
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Parking

  • 8 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Porch

Utilities

  • 4 Heating Zones
  • 220 Volts
  • 200+ Amp Service

Listing and Financial Details

  • Total Actual Rent $7,000

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Building Details

  • Electric Expense $328
  • Insurance Expense $5,947
  • Water Sewer Expense $2,656
  • Operating Expense $30,189
  • Net Operating Income $89,811

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,712

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family - 4 Units Up/Down
  • Year Built: 1890
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 7

Interior Features

  • Flooring: Hardwood
  • Door Features: Insulated Doors
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Total Bedrooms: 6
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Basement: Full
  • Living Area: 4327
  • Spa YN: No
  • Stories Total: 7
  • Window Features: Insulated Windows
  • MAIN LO: AN7007
  • MAIN SO: AN7007

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, 0 to 1/10 Mile To Beach
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Assigned
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range, Varies per Unit
  • Electric: 220 Volts, 200+ Amp Service
  • Water Source: Public
  • HEAT UNITS: 1
  • HEAT ZONES: 4
  • COOLING ZONES: 0
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 2656

Lot Info

  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.13
  • Lot Size Sq Ft: 5719
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient: Varies per Unit

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 13712

Multi Family

  • Electric Expense: 328
  • Insurance Expense: 5947
  • Net Operating Income: 89811
  • Number Of Units Total: 4
  • Operating Expense: 30189
  • Total Actual Rent: 7000
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 3: 2

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
10/04/2024 10/04/24 Sold $1,250,000 -2.0% $289 / Sq Ft
06/25/2024 06/25/24 Pending -- -- --
06/07/2024 06/07/24 For Sale $1,275,000 -- $295 / 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 $13,541 $1,307,000 $222,800 $1,084,200
2024 $13,712 $1,302,200 $236,100 $1,066,100
2023 $12,149 $1,089,600 $218,800 $870,800
2022 $11,423 $919,000 $174,100 $744,900
2021 $11,801 $905,700 $171,000 $734,700
2020 $11,201 $835,900 $153,100 $682,800
2019 $10,027 $701,200 $148,700 $552,500
2018 $9,366 $618,200 $138,900 $479,300
2017 $8,912 $571,300 $132,200 $439,100
2016 $8,333 $515,000 $129,500 $385,500
2015 $7,417 $442,800 $133,900 $308,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73249028

MLS Property Information Network (MLS PIN)