Z
Seller's Agent in 2023
Zachary Conley
NextGen Realty, Inc.
(617) 982-8607
6 in this area
28 Total Sales
89 Cottage St Boston, MA 02128
Jeffries Point NeighborhoodEstimated Value: $695,000 - $938,000
3
Beds
3
Baths
1,881
Sq Ft
$445/Sq Ft
Est. Value
Highlights
- Marina
- Property is near public transit
- Park
- Medical Services
- Jogging Path
- 4-minute walk to Sumner-Lamson Playground
About This Home
As of October 2023Exceptional Investor Opportunity: Fully Rented 3-Family in Jeffries Point, East Boston! Discover an incredible investment opportunity in East Boston's coveted Jeffries Point neighborhood. This fully rented 3-family gem offers the ideal investment trifecta—proximity to the Boston Harbor, efficient public transit access, and undeniable urban convenience. Appealing to the savvy investor seeking both potential returns and future growth, this property provides immediate rental income from its fully occupied units. Moreover, its strategic location assures a promising future with the potential for rent appreciation in the near future. For those with an eye on redevelopment, this property also presents the exciting possibility of permit-based redevelopment, opening avenues for even greater value.. Don't miss this chance—reach out today to secure this prime investment opportunity in the heart of Jeffries Point! This property can be bought as package deal with 87 Cottage Street East Boston.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,379
Year Built
- Built in 1905
Lot Details
- 836 Sq Ft Lot
Home Design
- 1,881 Sq Ft Home
- Triplex
- Brick Foundation
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Parking
- On-Street Parking
- Open Parking
Location
- Property is near public transit
- Property is near schools
Listing and Financial Details
- Total Actual Rent $5,925
- Assessor Parcel Number 1327655
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Marina
- Park
- Jogging Path
- Bike Trail
Building Details
- Net Operating Income $71,100
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Home Values in the Area
Average Home Value in this Area
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Lopes Manuel A | $696,000 | |
| Closed | Aaa Prop Llc | $966,500 | |
| Closed | Aaa Properties Llc | $1,035,000 | |
| Closed | Capone Joanne M | $50,000 | |
| Closed | Capone Joanne M | $124,000 | |
| Closed | Capone Joanne M | $25,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/31/2023 10/31/23 | Sold | $870,000 | -3.3% | $463 / Sq Ft |
| 09/13/2023 09/13/23 | Pending | -- | -- | -- |
| 08/29/2023 08/29/23 | For Sale | $900,000 | -- | $478 / 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 | $9,470 | $817,800 | $227,400 | $590,400 |
| 2024 | $9,063 | $831,500 | $230,800 | $600,700 |
| 2023 | $8,930 | $831,500 | $230,800 | $600,700 |
| 2022 | $8,078 | $742,500 | $206,100 | $536,400 |
| 2021 | $7,474 | $700,500 | $194,400 | $506,100 |
| 2020 | $6,579 | $623,000 | $211,200 | $411,800 |
| 2019 | $5,863 | $556,300 | $130,700 | $425,600 |
| 2018 | $5,204 | $496,600 | $130,700 | $365,900 |
| 2017 | $4,696 | $443,400 | $130,700 | $312,700 |
| 2016 | $4,241 | $385,500 | $130,700 | $254,800 |
| 2015 | $3,428 | $283,100 | $95,200 | $187,900 |
| 2014 | $3,096 | $246,100 | $95,200 | $150,900 |
Source: Public Records
Agents Affiliated with this Home
-
Zachary Conley
-
Jason Francis
J
Buyer's Agent in 2023
Jason Francis
NextGen Realty, Inc.
3 in this area
6 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73153284
APN: EBOS-000000-000001-005253-000020
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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