NOT LISTED FOR SALE

Estimated Value: $1,252,000 - $1,486,000

8 Beds
3 Baths
2,535 Sq Ft
$552/Sq Ft Est. Value

Last Sold August 19, 2022

Last sale price $1,387,000 $547 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $8,566/month

62 Days on Market

Highlights

  • Deck
  • 5-minute walk to Maverick Station
  • 4-minute walk to Piers Park
  • Wood Flooring
  • Garden

About This Home

As of August 2022

A+ Investment opportunity. Calling investors, buyers, and developers in an amazing East Boston location. This 3-unit multi-family has been wonderfully maintained and brings $9250 a month (plus an additional $200 for a (washer/dryer). CASH COW!!! All kitchens are equipped with custom cabinets and shelves, sleek quartz countertops, barstool seating, and stainless steel appliances. Recessed lighting throughout. The rooftop possesses lovely neighborhood views and is ideal for sun lounging, cloud gazing, and entertaining. There is a newly renovated 2020 laundry system in the basement and additional cosmetic upgrades to the hallways. This property offers the features for a great investment opportunity, which include reliable long-term tenants, a superb location, comfortable units, Minutes from The Shipyard, offering the Harbor Arts, restaurants, cafes, and shopping.

Last Agent to Sell the Property

Serhat Ozcicek

Boston Brokerage Group Listed on: 05/18/2022

Co-Listed By

Alptug Kantar

Boston Brokerage Group

Last Buyer's Agent

Scott McNeill

Compass

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,428

Year Built

  • Built in 1900

Lot Details

  • 1,155 Sq Ft Lot
  • Garden

Home Design

  • Wood Roof
  • Stone

Interior Spaces

  • 2,535 Sq Ft Home
  • Partial Basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Natural Gas Connected
  • Water Heater

Listing and Financial Details

  • Total Actual Rent $9,250
  • Assessor Parcel Number W:01 P:04495 S:000,1329701

Community Details

Overview

  • 3 Units
  • Property has 2 Levels

Building Details

  • Net Operating Income $111,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,428

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1900
  • Buyer Agency Type: %
  • Transaction Broker Type: See Remarks:
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Owner
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Tile,Hardwood
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Microwave,Refrigerator,Freezer), Unit 2(Range,Dishwasher,Microwave,Refrigerator,Freezer), Unit 3(Range,Disposal,Microwave,Refrigerator,Freezer), Tank Water Heater, Utility Connections for Gas Oven
  • Total Bedrooms: 8
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Partial
  • Living Area: 2535
  • Stories Total: 6
  • MAIN LO: BB8162
  • MAIN SO: AN2383

Exterior Features

  • Exterior Features: Garden
  • Construction Materials: Stone
  • Foundation Details: Other
  • Patio And Porch Features: Deck, Deck - Roof
  • Roof: Wood
  • Waterfront Features: Beach Front
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Oven
  • Electric: Other (See Remarks)
  • Water Source: Public

Lot Info

  • Parcel Number: W:01 P:04495 S:000,1329701
  • Zoning: R3
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.03
  • Lot Size Sq Ft: 1155
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 10428

Multi Family

  • Net Operating Income: 111000
  • Number Of Units Total: 3
  • Total Actual Rent: 9250
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 6, 1995
Sold by
Arcisz Joseph J and Arcisz Gloria M
Bought by
Boyd Carrie A and Boyd Timothy
Current Estimated Value
$1,399,307
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Boyd Carrie A $53,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boyd Carrie A $154,800
Open Boyd Carrie A $271,500
Closed Boyd Carrie A $277,000
Closed Boyd Carrie A $277,711
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2022 08/19/22 Sold $1,387,000 -0.6% $547 / Sq Ft
07/23/2022 07/23/22 Off Market $1,395,000 -- --
07/20/2022 07/20/22 Pending -- -- --
05/18/2022 05/18/22 For Sale $1,395,000 -- $550 / 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 $14,993 $1,294,700 $269,300 $1,025,400
2024 $13,627 $1,250,200 $233,100 $1,017,100
2023 $12,458 $1,160,000 $227,200 $932,800
2022 $11,271 $1,035,900 $202,900 $833,000
2021 $10,428 $977,300 $191,400 $785,900
2020 $8,957 $848,200 $208,800 $639,400
2019 $7,969 $756,100 $129,200 $626,900
2018 $7,072 $674,800 $129,200 $545,600
2017 $6,380 $602,500 $129,200 $473,300
2016 $5,764 $524,000 $129,200 $394,800
2015 $4,695 $387,700 $100,600 $287,100
2014 $4,241 $337,100 $100,600 $236,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72984167

MLS Property Information Network (MLS PIN)

APN: EBOS-000000-000001-004495