NOT LISTED FOR SALE

Estimated Value: $1,947,000 - $2,020,000

11 Beds
6 Baths
4,428 Sq Ft
$446/Sq Ft Est. Value

Last Sold October 30, 2023

Last sale price $2,150,000 $486 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $12,404/month

72 Days on Market

Highlights

  • Marina
  • Medical Services
  • Property is near public transit
  • Golf Course Community
  • Granite Flooring
  • 2-minute walk to William A Meaney Playground

About This Home

As of October 2023

Carefully renovated 3 family home in sought after Polish Triangle/Savin Hill neighborhood provides a great opportunity to invest in the evolving Northern Dorchester market! Each unit, with condo quality renovations and designer finishes, features open floorplans, new kitchens with semi-custom cabinets, stainless appliances and quartz counters. Central HVAC, recessed lighting, hardwood floors and in unit laundry. Bathrooms are adorned with glass doors, floating vanities and tiled showers. Numerous upgrades include new energy efficient systems such as new HVAC, tankless water heaters, sprinkler system, plumbing and electrical systems and new windows. All units are leased until August 31, 2024, generating a monthly rental income of $13,100, currently yielding a 5.8% cap rate with potential for further growth. Located in close proximity to Andrew and JFK/UMASS red line stations, 93 highway access, South Bay, the Dorchester Bay City and Dot Block developments and the new BEAT office park.

Last Agent to Sell the Property

Mission Realty Advisors

Compass Listed on: 07/18/2023

Compass

Last Buyer's Agent

Alptug Kantar

Boston Brokerage Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,674

Year Built

  • Built in 1905 | Remodeled

Lot Details

  • 3,080 Sq Ft Lot
  • Level Lot

Home Design

  • Triplex
  • Stone Foundation
  • Rubber Roof

Interior Spaces

  • 4,428 Sq Ft Home
  • Insulated Windows
  • Unfinished Basement

Flooring

  • Wood
  • Granite
  • Tile

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 3 Car Parking Spaces
  • Shared Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Walking Distance to Water

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling Available
  • Heating Available
  • 200+ Amp Service
  • Natural Gas Connected

Listing and Financial Details

  • Total Actual Rent $13,100
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number 0702929000,1297671

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

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

Building Details

  • Net Operating Income $157,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,674

Year Built

Built in 1905 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Property Condition: Unit 1 Remodeled, Unit 2 Remodeled, Unit 3 Remodeled
  • Year Built: 1905
  • Buyer Agency: 2.5
  • Transaction Broker: 2
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 6

Interior Features

  • Flooring: Wood,Tile, Unit 1(undefined), Unit 2(Tile Floor,Hardwood Floors,Wood Flooring,Stone/Ceramic Tile Floor), Unit 3(Tile Floor,Hardwood Floors,Wood Flooring,Stone/Ceramic Tile Floor)
  • Interior Amenities: Unit 1(Stone/Granite/Solid Counters,High Speed Internet Hookup,Upgraded Cabinets,Upgraded Countertops,Bathroom with Shower Stall,Open Floor Plan,Slider), Unit 2(Stone/Granite/Solid Counters,High Speed Internet Hookup,Upgraded Cabinets,Upgraded Countertops,Bathroom with Shower Stall,Open Floor Plan,Slider), Unit 3(Stone/Granite/Solid Counters,High Speed Internet Hookup,Upgraded Cabinets,Bathroom with Shower Stall,Open Floor Plan,Slider), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: None, Utility Connections for Gas Range, Utility Connections for Gas Oven
  • Total Bedrooms: 11
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Total Bathrooms: 6
  • Laundry Features: Washer Hookup, Unit 1 Laundry Room, Unit 2 Laundry Room, Unit 3 Laundry Room, Unit 1(Washer Hookup,Dryer Hookup)
  • Basement: Unfinished
  • Living Area: 4428
  • Spa YN: No
  • Stories Total: 6
  • Window Features: Insulated Windows
  • MAIN LO: AN2383
  • LIST PRICE PER Sq Ft: 530.71
  • PRICE PER Sq Ft: 485.55
  • MAIN SO: BB8162

Exterior Features

  • Exterior Features: Unit 1 Balcony/Deck, Unit 2 Balcony/Deck, Unit 3 Balcony/Deck
  • Foundation Details: Stone, Granite
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Rubber
  • Waterfront Features: Beach Front, Bay, Harbor, Walk to, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Shared Driveway, Off Street
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven, Washer Hookup
  • Cooling: Unit 1(Central Air,Unit Control), Unit 2(Central Air,Unit Control), Unit 3(Central Air,Unit Control)
  • Heating: Unit 1(Central Heat,Forced Air,Gas,Unit Control), Unit 2(Central Heat,Forced Air,Gas,Unit Control), Unit 3(Central Heat,Forced Air,Gas,Unit Control)
  • Cooling Y N: Yes
  • Electric: 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University, Sidewalks
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: 0702929000,1297671
  • Zoning: 3F-D-3000
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 3080
  • Lot Size Units: Acres
  • PAGE: 290
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 12674
  • Tax Book Number: 63968

Multi Family

  • Gross Income: 157200
  • Net Operating Income: 157200
  • Number Of Units Total: 3
  • Total Actual Rent: 13100
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • 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
Mar 22, 2005
Sold by
Kane Barry S
Bought by
Columbia Road Rt 777 and Kane
Current Estimated Value
$1,973,176

Purchase Details

Closed on
Dec 13, 2000
Sold by
Chmielinski Barbara I
Bought by
Kane Barry S
Source: Public Records

Range of Values:

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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
Columbia Road Rt 777 -- --
Columbia Road Rt 777 -- --
Kane Barry S $220,000 --
Kane Barry S $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Columbia Rd Llc $1,220,000
Closed Patel Columbia Rd Llc $1,220,000
Closed 777 Columbia Partners Llc $1,200,000
Previous Owner Chmielinski Barbara I $182,000
Previous Owner Chmielinski Barbara I $180,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2023 10/30/23 Sold $2,150,000 -8.5% $486 / Sq Ft
09/29/2023 09/29/23 Pending -- -- --
07/18/2023 07/18/23 For Sale $2,350,000 -- $531 / 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 $19,826 $1,712,100 $410,300 $1,301,800
2024 $16,945 $1,554,600 $268,300 $1,286,300
2023 $12,674 $1,180,100 $246,200 $933,900
2022 $12,112 $1,113,200 $232,300 $880,900
2021 $11,531 $1,080,700 $225,500 $855,200
2020 $9,685 $917,100 $249,600 $667,500
2019 $8,407 $797,600 $161,900 $635,700
2018 $7,268 $693,500 $161,900 $531,600
2017 $6,992 $660,200 $161,900 $498,300
2016 $6,543 $594,800 $161,900 $432,900
2015 $5,927 $489,400 $117,500 $371,900
2014 $5,499 $437,100 $117,500 $319,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73137597

MLS Property Information Network (MLS PIN)

APN: DORC-000000-000007-002929