NOT LISTED FOR SALE
25 Beds
13 Baths
10,365 Sq Ft
6,164 Sq Ft Lot

Last Sold June 09, 2023

Last sale price $4,175,000 $403 Per Sq Ft

20 Days on Market

Highlights

  • Medical Services
  • Jogging Path
  • Park
  • Property is near public transit
  • Living Room
  • Shops

About This Home

As of June 2023

This four-story multi-family consists of thirteen (13) 2-bedroom units with a total gross area of 14,764 square feet in a highly sought-after location minutes to Boston. Tenants are responsible for their own separately metered gas heat and electricity while the landlord pays for water sewer and hot water. The majority of the improvements were completed in 2020 which consists of but not limited to a recently installed rubber membrane roof, two (2) 75-gallon commercial grade gas fired hot water tanks, laundry facility, common area upgrades including flooring, paint, led-lighting, security camera system and fire safety equipment with wireless fire-panels and various updates throughout the apartments. 765 Broadway allows investors an opportunity to acquire a critical location within an urban dense area in one of the strongest transit-oriented Metro Boston markets. Offering memorandum can be found in the attached documents, page 13.

Last Listed By

Dan Pouladian

North Shore Realty Advisors Listed on: 02/14/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,433

Year Built

  • Built in 1910

Lot Details

  • 6,164 Sq Ft Lot
  • Level Lot

Home Design

  • Stone Foundation

Interior Spaces

  • 10,365 Sq Ft Home
  • Property has 1 Level
  • Living Room

Bedrooms and Bathrooms

  • 25 Bedrooms
  • 13 Full Bathrooms

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Baseboard Heating

Listing and Financial Details

  • Total Actual Rent $31,400
  • Assessor Parcel Number M:N0 B:05 L:000196,485789

Community Details

Overview

  • 13 Units

Amenities

  • Medical Services
  • Shops

Recreation

  • Park
  • Jogging Path

Building Details

  • Operating Expense $93,371
  • Net Operating Income $270,857

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,433

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1910
  • Buyer Agency: 1%
  • Buyer Agency Type: %
  • Transaction Broker: 1%
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Interior Amenities: Living Room, Kitchen
  • Fireplace YN: No
  • Total Bedrooms: 25
  • Full Bathrooms: 13
  • Total Bathrooms: 13
  • Total Bathrooms: 13
  • Living Area: 10365
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN7007
  • LIST PRICE PER Sq Ft: 414.86
  • PRICE PER Sq Ft: 402.8
  • MAIN SO: AN7007

Exterior Features

  • Foundation Details: Stone
  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Heating: Baseboard
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, Public School, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:N0 B:05 L:000196,485789
  • Zoning: DD
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 6164
  • Lot Size Units: Acres
  • PAGE: 503
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 20433
  • Tax Book Number: 72338

Multi Family

  • Gross Income: 376800
  • Net Operating Income: 270857
  • Number Of Units Total: 13
  • Operating Expense: 93371
  • Total Actual Rent: 31400
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2

Range of Values:

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Sold Price
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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
06/09/2023 06/09/23 Sold $4,175,000 -2.9% $403 / Sq Ft
03/07/2023 03/07/23 Pending -- -- --
02/14/2023 02/14/23 For Sale $4,300,000 -- $415 / 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: 73078835

MLS Property Information Network (MLS PIN)