Limited showings. Classic Jeffries Point 6 unit. Walk up roof with spectacular city views. This is the only brick 6 unit current available in East Boston. Two units on each floor. Back units have two bedrooms; front units have one bedroom. Very good condition. Three parking spaces currently in rear; adjacent owners agree to place no fence on property line to allow access. Buyers and their agents to do all due diligence. Walk to Maverick Square and Airport T Stations, East Boston Greenway, Piers Park and Bremen Street Park. Lots of newer and proposed developments all around: Porter 156 Lofts, Mt. Carmel Properties, new Frankfort Street hotel, etc. Prime location and beautiful building. Heat is electric baseboard. Back units could easily be converted to 3 bedroom units. Rent for unit 6 is $2,000. All rents below current market value. Property has been maintained by same owners for about 40 years. .
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Last Updated: March 24th, 2025 at 5:33am
Gross Income: $79,200
Gross Expenses: $7,827
Net Income Calc: $71,373
CAP Rate: 2.69%
Annual Expenses for 68 Frankfort St, Boston MA 02128
Total Gross Expenses (Calculated)$7,827/year
APOD AvailableYes
Heating$0
Electricity$0
Water$0
Gas$0
Insurance$0
Sewer$0
Trash Removal$0
Repair & Maintenance$0
Management$0
Miscellaneous$0
Real Estate Tax$7,827
Annual Income & Unit Breakdown for 68 Frankfort St, Boston MA 02128
Total Gross Income (Calculated)$79,200
Unit 1
Rental Income1600
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit2
HeatingNo
Rent Includes
Unit 2
Rental Income2000
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income1500
LeaseN
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 4
Rental Income1500
Lease
Bedrooms2
Bathrooms
Floor
Levels in Unit
HeatingNo
Rent Includes
General Information for 68 Frankfort St, Boston MA 02128
Listing ID73214697
Property TypeMulti Family / 5+ Family
Price$2,650,000 ($464.59/SqFt)
Style
CityBoston
CountySuffolk
MLS AreaEast Boston's Jeffries Point
Neighborhood(s)
Approximate Living Area Total5,704 SqFt
Approximate Lot Size (Acres)0.07 acres
Total Parking3
Garage Parking
Year Built1905
Year Built SourcePublic Records
Year RenovatedN/A
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesLevel
Foundation Area
Foundation DescriptionStone,Brick/Mortar,Other
Accessible Features
Outdoor Space
ZoningR4
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Interior Features for 68 Frankfort St, Boston MA 02128
Disclosures for 68 Frankfort St, Boston MA 02128
Lead PaintUnknown
UFFI
Living Area Includes BasementNo
Living Area Disclosureliving area obtained from public record; this poss
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$124,800
Total Net Income By Broker$103,200
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2%
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Location Information for 68 Frankfort St, Boston MA 02128
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaEast Boston's Jeffries Point
Area AmenitiesWalk/jog Trails, Public School, Shopping, Park, Public Transportation, T-station
Contact Information for 68 Frankfort St, Boston MA 02128