$950,000
SOLD FEB 4, 2025
6 Beds
3 Baths
3,231 Sq Ft
2,569 Sq Ft Lot

Recently Sold

$294 Per Sq Ft

12% Above List Price

4 Days on Market

Highlights

  • Property is near public transit
  • Community Pool
  • Jogging Path
  • Corner Lot
  • Tennis Courts
  • Park

About This Home

As of February 2025

Prime Investment Opportunity on Blue Hill Ave! Seize the chance to transform this 3-unit multifamily property on Blue Hill Ave, Boston, MA, offering a rare blend of immediate rental income and significant renovation potential. Featuring 9 bedrooms and 3 bathrooms across 3,231 sq ft, this property is ideal for developers and investors seeking to capitalize on the area's strong rental demand and equity-building opportunities. Key Features: Current Income: Two units are occupied by paying tenants on month-to-month leases, generating combined $5,500 per month. Tenants have been notified of the sale and served their 30-day notice to vacate. The new owner can choose to retain the tenants or move forward with vacant possession. Flexible Potential: Each unit offers spacious layouts, perfect for attracting future tenants or tailoring to multi-family living arrangements. As-Is Sale: The property is sold as-is, with probate proceedings currently underway.

Last Agent to Sell the Property

Maron Team

Maron Realty Listed on: 12/12/2024

Last Buyer's Agent

Markese Daise

Stony Brook & Lennox Realty Advisors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,669

Year Built

  • Built in 1910

Lot Details

  • 2,569 Sq Ft Lot
  • Corner Lot

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,231 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • 3 Heating Zones

Listing and Financial Details

  • Total Actual Rent $5,500
  • Assessor Parcel Number W:14 P:04221 S:000,1311315

Community Details

Recreation

  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path

Additional Features

  • 3 Units
  • Shops
  • Net Operating Income $66,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,669

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1910
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Year Built Details: Actual
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • Living Area: 3231
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN6321
  • LIST PRICE PER Sq Ft: 278.55
  • PRICE PER Sq Ft: 294.03
  • MAIN SO: AN7064

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Public School, T-Station, University
  • Senior Community YN: No

Lot Info

  • Parcel Number: W:14 P:04221 S:000,1311315
  • Zoning: R3
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Size Sq Ft: 2569
  • Lot Size Units: Acres
  • PAGE: 51
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8669
  • Tax Book Number: 33775

Multi Family

  • Gross Income: 66000
  • Net Operating Income: 66000
  • Number Of Units Total: 3
  • Total Actual Rent: 5500
  • Basement Included Sq Ft: No
  • LEASE 3: Y
  • LEASE 2: N
  • LEASE 1: N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2013
Sold by
Jacquest Yonel and Jacquet Raymonde
Bought by
Jacquest Yonel
Current Estimated Value
$995,452

Purchase Details

Closed on
Feb 6, 2004
Sold by
Rose Timothy L
Bought by
Jacquet Raymonde and Jacquet Yonel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,400
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 21, 1998
Sold by
Cdb Rt
Bought by
Rose Timothy L

Purchase Details

Closed on
Oct 14, 1994
Sold by
Cambridgeport Bk
Bought by
Cdb Rt

Purchase Details

Closed on
Feb 26, 1993
Sold by
Laurant Frank and Cambridgeport Sb
Bought by
Laurant P
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Quit Claim Deed -- --
Quit Claim Deed -- --
Deed $506,000 --
Deed $506,000 --
Deed $144,000 --
Deed $144,000 --
Deed $10,000 --
Deed $10,000 --
Foreclosure Deed $70,000 --
Foreclosure Deed $70,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $902,500 Purchase Money Mortgage
Closed $902,500 Purchase Money Mortgage
Previous Owner $455,400 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Sold $950,000 +5.6% $294 / Sq Ft
12/16/2024 12/16/24 Pending -- -- --
12/13/2024 12/13/24 Price Changed $900,000 +5.9% $279 / Sq Ft
12/12/2024 12/12/24 For Sale $850,000 -- $263 / 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 $9,540 $823,800 $212,900 $610,900
2024 $8,669 $795,300 $224,700 $570,600
2023 $7,983 $743,300 $210,000 $533,300
2022 $7,417 $681,700 $192,600 $489,100
2021 $6,927 $649,200 $183,400 $465,800
2020 $6,314 $597,900 $218,200 $379,700
2019 $5,480 $519,900 $133,900 $386,000
2018 $4,736 $451,900 $133,900 $318,000
2017 $4,471 $422,200 $133,900 $288,300
2016 $4,038 $367,100 $133,900 $233,200
2015 $3,999 $330,200 $91,000 $239,200
2014 $3,610 $287,000 $91,000 $196,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73319593

MLS Property Information Network (MLS PIN)

APN: DORC-000000-000014-004221