Seller's Agent in 2022
John Pentore
Horvath & Tremblay
(781) 484-8166
8 in this area
46 Total Sales
870 E 5th St Boston, MA 02127
South Boston NeighborhoodEstimated Value: $3,134,000 - $3,603,000
15
Beds
7
Baths
5,893
Sq Ft
$573/Sq Ft
Est. Value
Highlights
- Waterfront
- Covered Patio or Porch
- Vinyl Flooring
- 0.07 Acre Lot
- Laundry Room
- 3-minute walk to Michael Joyce Memorial Playground
About This Home
As of October 2022The Property, with over $220,000 in gross rents, is located at 870 E. 5th Street in South Boston. 870 E 5th offers the rare opportunity to acquire an outstanding, turn key core asset in an incredible urban-infill location in one of the strongest real estate markets in the country. The Property consists of a gut renovated, three story building containing units with (1) 5-bedroom/3 bathroom unit and (2) 5-bedroom/2 bathroom units with 8,653 square feet of living area. The property is fully leased (with all units rented until 8/31/23) and has undergone a total renovation, every system and building element is brand new featuring condo quality finishes, including new kitchens and bathrooms with modern amenities, new forced hot air heating and central air conditioning systems in every unit, upgraded electrical service and luxury, vinyl plank flooring throughout. Building amenities include private storage, coin op laundry, rear decks and a shared backyard.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $20,423
Year Built
- Built in 1899
Lot Details
- 3,049 Sq Ft Lot
- Waterfront
Home Design
- Frame Construction
- Rubber Roof
- Concrete Perimeter Foundation
Interior Spaces
- 5,893 Sq Ft Home
- Property has 2 Levels
- Vinyl Flooring
- Partially Finished Basement
- Partial Basement
- Laundry Room
Bedrooms and Bathrooms
- 15 Bedrooms
- 7 Full Bathrooms
Parking
- Driveway
- Open Parking
Additional Features
- Covered Patio or Porch
- Gas Water Heater
Listing and Financial Details
- Total Actual Rent $18,400
- Assessor Parcel Number 1410885
Community Details
Overview
- 3 Units
Building Details
- Operating Expense $38,020
- Net Operating Income $182,780
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 28, 1990
Sold by
Quinn Eileen P
Bought by
Mccarthy Mary Q
Current Estimated Value
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mccarthy Mary Q | $40,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Mccarthy Mary Q | $64,500 | |
| Previous Owner | Mccarthy Mary Q | $70,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/21/2022 10/21/22 | Sold | $3,200,000 | -7.9% | $543 / Sq Ft | |
| 08/01/2022 08/01/22 | Pending | -- | -- | -- | |
| 07/15/2022 07/15/22 | For Sale | $3,475,000 | +104.4% | $590 / Sq Ft | |
| 12/19/2017 12/19/17 | Sold | $1,700,000 | -12.8% | $375 / Sq Ft | View Prior Sale |
| 10/25/2017 10/25/17 | Pending | -- | -- | -- | |
| 10/03/2017 10/03/17 | For Sale | $1,950,000 | 0.0% | $430 / Sq Ft | |
| 10/02/2017 10/02/17 | Pending | -- | -- | -- | |
| 08/17/2017 08/17/17 | For Sale | $1,950,000 | -- | $430 / 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 | $36,394 | $3,142,800 | $719,700 | $2,423,100 |
| 2024 | $32,193 | $2,953,500 | $409,500 | $2,544,000 |
| 2023 | $22,176 | $2,064,800 | $386,300 | $1,678,500 |
| 2022 | $20,423 | $1,877,100 | $351,200 | $1,525,900 |
| 2021 | $20,029 | $1,877,100 | $351,200 | $1,525,900 |
| 2020 | $18,285 | $1,731,500 | $329,300 | $1,402,200 |
| 2019 | $15,336 | $1,455,000 | $247,400 | $1,207,600 |
| 2018 | $14,614 | $1,394,500 | $247,400 | $1,147,100 |
| 2017 | $14,058 | $1,327,500 | $247,400 | $1,080,100 |
| 2016 | $12,698 | $1,154,400 | $247,400 | $907,000 |
| 2015 | $11,766 | $971,600 | $211,800 | $759,800 |
| 2014 | $10,395 | $826,300 | $211,800 | $614,500 |
Source: Public Records
Agents Affiliated with this Home
-
John Pentore
-
Dennis Kelleher
Seller Co-Listing Agent in 2022
Dennis Kelleher
Horvath & Tremblay
(781) 776-4002
5 in this area
56 Total Sales
-
Tia Zaferakis
Seller's Agent in 2017
Tia Zaferakis
Conway - S. Boston
(617) 699-6268
25 in this area
53 Total Sales
-
J
Buyer's Agent in 2017
John Federico, Jr.
Greater Metropolitan R. E.
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73012708
APN: SBOS-000000-000006-004464
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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