J
Seller's Agent in 2023
John Pentore
Horvath & Tremblay
616 E 6th St Boston, MA 02127
South Boston NeighborhoodEstimated Value: $1,926,000 - $2,616,649
9
Beds
5
Baths
3,658
Sq Ft
$630/Sq Ft
Est. Value
Highlights
- Medical Services
- Property is near public transit
- Cooling Available
- 0.07 Acre Lot
- Jogging Path
- Park
About This Home
As of September 2023616 E 6th Street offers the opportunity to acquire a fully leased (with all units rented until 8/31/24), turnkey investment property. The property has undergone extensive renovations featuring condo quality finishes including updated kitchens with granite counter tops and newer stainless-steel appliances, exposed brick walls, and dishwashers and laundry in both units. Building amenities include rear decks for the tenants and a large, private backyard. Utilities are metered separately and feature forced hot air heating and central air conditioning in both units. The property is ideal for a potential buyer looking for income growth and strong investment returns. Centrally located in the heart of South Boston and 1.4 miles to Broadway Station and 1.9 miles to Boston’s South Station, the Property offers the rare opportunity to acquire an outstanding, turnkey core asset in an incredible urban-infill location in one of the strongest rental markets in the country. TOURS FRIDAY AFTERNOON 7/14
Last Agent to Sell the Property
John Pentore
Horvath & Tremblay Listed on: 06/26/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $19,494
Year Built
- Built in 1890
Lot Details
- 3,049
Home Design
- Brick Foundation
- Shingle Roof
- Rubber Roof
Interior Spaces
- 3,658 Sq Ft Home
- Property has 2 Levels
- Finished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 9 Bedrooms
- 5 Full Bathrooms
Parking
- Driveway
- Open Parking
Utilities
- Cooling Available
- 2 Cooling Zones
- 2 Heating Zones
- Heating Available
- Separate Meters
Additional Features
- 3,049 Sq Ft Lot
- Property is near public transit
Listing and Financial Details
- Total Actual Rent $13,000
- Rent includes unit 1(water), unit 2(water)
- Assessor Parcel Number 1409253
Community Details
Overview
- 2 Units
Amenities
- Medical Services
- Shops
Recreation
- Park
- Jogging Path
Building Details
- Operating Expense $32,733
- Net Operating Income $123,267
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 20, 2005
Sold by
Oleary Francis X
Bought by
Lin Mu Y and Lam Muk-Ying
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Outstanding Balance
$166,288
Interest Rate
5.59%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,139,624
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lin Mu Y | $470,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lin Mu Y | $320,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/20/2023 09/20/23 | Sold | $2,135,000 | -7.2% | $584 / Sq Ft | |
| 08/07/2023 08/07/23 | Pending | -- | -- | -- | |
| 06/26/2023 06/26/23 | For Sale | $2,300,000 | +32.2% | $629 / Sq Ft | |
| 12/03/2021 12/03/21 | Sold | $1,740,000 | -2.5% | $476 / Sq Ft | View Prior Sale |
| 10/22/2021 10/22/21 | Pending | -- | -- | -- | |
| 10/12/2021 10/12/21 | For Sale | $1,785,000 | +48.8% | $488 / Sq Ft | |
| 01/29/2016 01/29/16 | Sold | $1,200,000 | +0.1% | $384 / Sq Ft | View Prior Sale |
| 10/15/2015 10/15/15 | Pending | -- | -- | -- | |
| 09/26/2015 09/26/15 | For Sale | $1,199,000 | -- | $384 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $24,543 | $2,119,400 | $628,200 | $1,491,200 |
| 2024 | $21,165 | $1,941,700 | $419,800 | $1,521,900 |
| 2023 | $19,312 | $1,798,100 | $388,800 | $1,409,300 |
| 2022 | $18,089 | $1,662,600 | $359,900 | $1,302,700 |
| 2021 | $17,392 | $1,630,000 | $352,800 | $1,277,200 |
| 2020 | $16,196 | $1,533,700 | $327,100 | $1,206,600 |
| 2019 | $15,853 | $1,504,100 | $254,500 | $1,249,600 |
| 2018 | $15,006 | $1,431,900 | $254,500 | $1,177,400 |
| 2017 | $13,786 | $1,301,800 | $254,500 | $1,047,300 |
| 2016 | $11,239 | $1,021,700 | $254,500 | $767,200 |
| 2015 | $10,497 | $866,800 | $221,800 | $645,000 |
| 2014 | $9,280 | $737,700 | $221,800 | $515,900 |
Source: Public Records
Agents Affiliated with this Home
-
-
Dylan Costello
Buyer's Agent in 2023
Dylan Costello
Serhant Rhode Island LLC
(617) 642-2061
23 in this area
62 Total Sales
-
C
Seller's Agent in 2021
Christine Burke
Christine H. Burke
-
Lorenc Sheqi
Buyer's Agent in 2021
Lorenc Sheqi
Gjikondi Realty
(617) 634-4782
1 in this area
14 Total Sales
-
Jackie Rooney
Seller's Agent in 2016
Jackie Rooney
Rooney Real Estate, LLC
(617) 645-5370
120 in this area
132 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73129489
APN: SBOS-000000-000006-002438
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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