523 Columbus Avenue represents the opportunity to acquire an extremely rare brownstone asset in Boston’s highly coveted South End neighborhood. The property consists of 7 condominium units that feature stately finishes such as hardwood floors, high ceilings, original fireplaces, custom woodwork, and superior window lines with city views. The units range from studio through two bedroom units, and the asset improved by two private off-street parking spaces in the rear of the building. Although currently operating as a multifamily rental building, all 7 units at 523 Columbus are individually deeded as condominiums, allowing investors or owner occupiers the benefit of optionality. Additionally, 523 Columbus offers a value-add business plan through common area upgrades and light in unit renovations.
— MLSPIN #: 73285552Map of 523 Columbus Avenue, Boston, MA 02118
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| List Price: | $4,500,000 |
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| Status: | Active |
| MLS ID: | 73285552 |
| Town: | Boston |
| Neighborhood: | South End |
| County: | Suffolk |
| Zip: | 02118 |
| Property Type: | Residential Income |
| Property Sub Type: | 5-9 Family |
| Bedrooms: | 8 |
| Full Baths: | 7 |
| Living Area: | 5,789 sqft |
| Acres: | 0.04 |
| Taxes: | 99 |
| Appliances: | Washer, Dryer |
| Cooling: | Central Air, Window Unit(s), None |
| Flooring: | Wood, Tile, Carpet |
| Heating: | Forced Air, Electric |
| Lot Features: | Level |
| Parking Features: | Off Street, Leased |
| Status: | Active |
| Water Source: | Public |
| Year Built: | 1899 |
| Roof: | Other |
| Directions: | On Columbus Ave between Claremont Park and Greenwich Park. |
| Laundry Features: | Electric Dryer Hookup, Washer Hookup |
| Foundation Details: | Other |
| Construction Materials: | Brick, Stone |
| Listing Contract Date: | 2024-09-04 |
| Fireplace?: | Yes |
| Heating?: | Yes |
| Lot Size Area: | 0.04 |
| Lot Size Square Feet: | 1,681 |
| Fireplaces Total: | 5 |
| Rooms Total: | 33 |
| Bathrooms Total Integer: | 7 |
| Basement: | true |
| Basement: | Partial, Finished, Walk-Out Access, Interior Entry |
| Building Area Source: | Measured |
| Building Area Total: | 5,789 |
| Community Features: | Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Private School, Public School, T-Station, University |
| Exterior Features: | Balcony |
| Interior Features: | Mudroom, Living Room, Kitchen |
| Living Area Units: | Square Feet |
| Lot Size Units: | Acres |
| Number Of Units Total: | 7 |
| Parcel Number: | 0402482014, 3390696 |
| Road Frontage Type: | Public |
| Road Surface Type: | Paved |
| Sewer: | Public Sewer |
| Utilities: | for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup |
| Zoning: | 99 |
| Stories Total: | 10 |
| View: | City View(s) |
| Year Built Source: | Public Records |
| Electric Expense: | $2,799 |
| Farm Land Area Units: | Square Feet |
| Financial Data Source: | Owner, Pro. Forma Available |
| Frontage Length: | 20.00 |
| Gross Income: | $263,280 |
| Insurance Expense: | $9,537 |
| Listing Agreement: | Exclusive Right To Sell |
| Apod Available: | Yes |
| Color: | Brown |
| Comp Based On: | Gross/Full Sale Price |
| Disclosure: | No |
| Dpr Flag: | No |
| Flrs 2: | 1 |
| Flrs 3: | 2 |
| Flrs 4: | 3 |
| Gre: | 50,074 |
| 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: | 1 |
| Listing Alert: | No |
| List Price Per Sqft: | $777.34 |
| Page: | 99 |
| Price Per Sqft: | $777.34 |
| Square Feet Disclosures: | Living area measured by National Floorplans, August 2024. |
| Square Feet Incl Base: | Yes |
| Sub Agency Offered: | No |
| Year Round: | Yes |
| Net Operating Income: | $213,206 |
| Operating Expense: | $50,074 |
| Original List Price: | $4,500,000 |
| Parking Total: | 2 |
| Road Responsibility: | Public Maintained Road |
| Tax Assessed Value: | $473,900 |
| Tax Year: | 2024 |
| Total Actual Rent: | $21,940 |
| View?: | Yes |
| Water Sewer Expense: | $5,100 |
| Year Built Details: | Approximate |
| Waterview Flag: | No |
| Bedrms 1: | 1 |
| Bedrms 2: | 1 |
| Bedrms 3: | 1 |
| Bedrms 4: | 2 |
| F Bths 1: | 1 |
| F Bths 2: | 1 |
| F Bths 3: | 1 |
| F Bths 4: | 1 |
| Hot Water: | Electric |
| Rent1: | 2,600 |
| Rent2: | 2,900 |
| Rent3: | 2,900 |
| Rent4: | 3,600 |
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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 08:35 AM
Property Last Updated: September 09, 2024 03:08 AM
Listing Courtesy of: Boston Realty Advisors
Listing Agent: Kevin Benzinger
860-424-7613
