Investors Special! Your opportunity to own a 6-unit property in Boston is here! Assessed as two 3 Units. The chance to expand your investment portfolio is now. This property holds its unique character with exquisite exterior moldings and boasts luxury up-to date modernization. 26 BEDROOMS & 12 BATHROOMS! Each bedroom is rented individually bringing you an excess amount of income. Recent renovations include - Vinyl siding, newer windows, doors, trim, insulation, light fixtures, 6 new Navien hot water tanks, plumbing, electrical. ALL units remodeled with new kitchens with granite/quartz, new bathroom with custom tiles, and flooring. DRIVEWAY TO PRIVATE PARKING LOT. PRE-APPROVED AND CASH BUYER SPECIAL.
— MLSPIN #: 73290248Map of 16-18 Fernboro St, Boston, MA 02121
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| List Price: | $2,675,000 |
|---|---|
| Status: | Active |
| MLS ID: | 73290248 |
| Town: | Boston |
| County: | Suffolk |
| Zip: | 02121 |
| Property Type: | Residential Income |
| Property Sub Type: | 5+ Family - 5+ Units Up/Down |
| Bedrooms: | 28 |
| Full Baths: | 12 |
| Living Area: | 8,334 sqft |
| Acres: | 0.12 |
| Taxes: | 22,517 |
| Lot Features: | Easements |
| Parking Features: | Paved Drive |
| Status: | Active |
| Water Source: | Public |
| Year Built: | 1900 |
| Roof: | Shingle |
| Directions: | I93 exit 13A |
| Foundation Details: | Concrete Perimeter |
| Electric: | 200+ Amp Service |
| Construction Materials: | Frame |
| Listing Contract Date: | 2024-09-14 |
| Lot Size Area: | 0.12 |
| Lot Size Square Feet: | 5,216 |
| Rooms Total: | 40 |
| Bathrooms Total Integer: | 12 |
| Basement: | true |
| Basement: | Full |
| Building Area Source: | Public Records |
| Building Area Total: | 8,334 |
| Community Features: | Public Transportation, Shopping, Medical Facility, Highway Access, Public School, T-Station |
| Living Area Units: | Square Feet |
| Lot Size Units: | Acres |
| Number Of Units Total: | 6 |
| Open Parking?: | Yes |
| Patio And Porch Features: | Deck - Vinyl |
| Sewer: | Public Sewer |
| Utilities: | for Gas Range |
| Zoning: | R |
| Stories Total: | 12 |
| Year Built Source: | Public Records |
| Disclosures: | Easement for driveway access. Each bedroom is rented individually through Boston Housing Programs/Student Programs. $1325-1350 per month. Gross and net based on all rooms rented and estimated expenses. Accessed as TWO - 3 family properties |
| Farm Land Area Units: | Square Feet |
| Financial Data Source: | Estimated, Owner |
| Gross Income: | $417,600 |
| Gross Scheduled Income: | $2,500 |
| Insurance Expense: | $7,100 |
| Listing Agreement: | Exclusive Right To Sell |
| Listing Terms: | Lender Approval Required |
| Apod Available: | Yes |
| Disclosure: | No |
| Dpr Flag: | No |
| Flrs 1: | 1 |
| Flrs 2: | 2 |
| Flrs 3: | 2 |
| Flrs 4: | 1 |
| Gre: | 21,000 |
| Heat Units: | 6 |
| Heat Zones: | 6 |
| Hte: | 6,500 |
| Lead Paint: | Unknown |
| Lease 1: | Yes |
| Lease 2: | Yes |
| Lease 3: | Yes |
| Lease 4: | Yes |
| Levels 1: | 1 |
| Levels 2: | 1 |
| Levels 3: | 1 |
| Levels 4: | 4 |
| Listing Alert: | No |
| List Price Per Sqft: | $320.97 |
| Page: | 139173 |
| Price Per Sqft: | $320.97 |
| Square Feet Incl Base: | No |
| Net Operating Income: | $372,400 |
| Operating Expense: | $21,000 |
| Original List Price: | $2,675,000 |
| Parking Total: | 6 |
| Tax Assessed Value: | $2,065,800 |
| Tax Year: | 2024 |
| Total Actual Rent: | $24,300 |
| Water Sewer Expense: | $5,100 |
| Year Built Details: | Actual |
| Waterview Flag: | No |
| Bedrms 1: | 4 |
| Bedrms 2: | 5 |
| Bedrms 3: | 4 |
| Bedrms 4: | 4 |
| F Bths 1: | 2 |
| F Bths 2: | 3 |
| F Bths 3: | 3 |
| F Bths 4: | 3 |
| Hot Water: | Propane Gas |
| Rent1: | 5,400 |
| Rent2: | 6,750 |
| Rent3: | 6,750 |
| Rent4: | 5,400 |
Disclaimer:
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, landlords 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, leasing or renting 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, leasing or renting. 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.
MLS Property Information Network, Inc. data last updated on November 23, 2024 11:37 AM
Property Last Updated: November 03, 2024 01:42 PM
Listing Courtesy of: HomeSmart Professionals Real Estate
Listing Agent: Crystal Kavanaugh
508-272-9155
