Listing ID72917887
Sold For$1,450,000
StatusClosed
Sold Date1/25/2022
Bedrooms4
Total Baths4
Full Baths4
SqFt
2,327
Acres
0.020
CountySuffolk
Year Built1870
Property TypeResidential Income
Property Sub Type3 Family
Listing Agent
Giancarlo Tiberi
Email: Contact Giancarlo
Address:
220 Commercial Street
City:
Boston
State/Province:
MA
Zipcode:
02109
Home Phone: 617.909.9191
****INVESTOR ALERT**** RARE OPPORTUNITY IN CHARLESTOWN. ROCK SOLID BRICK THREE UNIT INVESTMENT PROPERTY. (2) - One bedroom units & (1) - Two bedroom Two bath duplex. Duplex can be made into a three bedroom two bath duplex. This property represents an exceptional opportunity to purchase a well maintained investment in a fantastic location with significant upside. All Rents are currently well below market. Works as an excellent Buy & Hold or as an owner occupied property. The property has been professionally managed. Common patio & Coin operated laundry in the basement. THE LOCATION, AND UPSIDE MAKE THIS PROPERTY THE BEST VALUE IN CHARLESTOWN! WILL NOT BE DELIVERED VACANT
County
Suffolk
Property Sub Type
3 Family
Property Type
Residential Income
Year Built
1870
Basement
Full
Bathrooms Total Decimal
4
Building Area Units
Square Feet
Living Area
2327
Rooms Total
11
Stories Total
6
Farm Land Area Units
Square Feet
Foundation Details
Other
Lot Features
Other
Lot Size Area
0.02
Lot Size Square Feet
1004
Lot Size Units
Acres
Number Of Units Total
3
Open Parking
1
Parking Features
On Street
Sewer
Public Sewer
Water Source
Public
Building Area Source
Other
Country
US
Directions
Main Street To Essex Street in Charlestown
MLS Area Major
Charlestown
Zoning
RES
FLRS 2
2
FLRS 3
3
GRE
3060
Lead Paint
Unknown
Levels 1
1
Levels 2
1
Levels 3
2
Listing Alert
No
Mls Status
Sold
FLRS 1
1
Offline List Number
3353988
Page
96
Year Built Details
Unknown/Mixed
Year Built Source
Public Records
Buyer Agency Compensation
2
Compensation Based On
Net Sale Price
Contingency
Pending P&S
Current Financing
Conv. Fixed
Disclosure
N
Disclosures
All Units Are Leased. Currently Rents Are: Unit 1: $1675 Lease To 5/31/22, Unit 2: $1750 Lease To 5/31/22, Unit 3: $2650 Lease To 8/31/22 . Will Not Be Delivered Vacant. Tenants Pay Electric, And Oil. Three Separate Oil Tanks. Heat Is Forced Air By Oil.
Down Payment Resource
No
Electric Expense
360
Gross Income
72900
Insurance Expense
1500
Lease 1
Y
Lease 2
Y
Lease 3
Y
List Price Per SqFt
644.18
Net Operating Income
69840
Operating Expense
3060
Price Per SqFt
623.12
Sub Agency Offered
No
Tax Annual Amount
11541.95
Tax Assessed Value
999
Tax Book Number
54067
Tax Year
2021
Total Actual Rent
6075
Transaction Broker Compensation
NA
Water Sewer Expense
1200
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Contact - Listing ID 72917887
Giancarlo Tiberi
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