Rare opportunity to purchase a 3 family row house that has been condo converted. Perfect for a 1031 Exchange, extended families, and investors. The building was gutted to studs and renovated in 1988. New roof, ,new hot water boilers & electric heaters, new decks, updated...
This home has been viewed 23 times
Last Checked: June 13th, 2024 at 4:18am (Source: MLS PIN #73229520)
Gross Income: $87,600
Gross Expenses: $15,488
Net Income Calc: $72,112
CAP Rate: 5.24%
Beach Front
Annual Expenses for 163 West 2nd St, Boston MA 02127
Total Gross Expenses (Calculated)$15,488/year
APOD AvailableYes
Heating
Electricity$720
Water$1,560
Gas$1,560
Insurance$5,500
Sewer$1,560
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$7,708
Annual Income & Unit Breakdown for 163 West 2nd St, Boston MA 02127
Total Gross Income (Calculated)$87,600
Unit 1
Rental Income$1,800
LeaseY
Bedrooms0
Bathrooms1 Full
Floor0
Levels in Unit0
HeatingYes
Rent IncludesUnit 3(none)
Unit 2
Rental Income$2,000
LeaseY
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 3(none)
Unit 3
Rental Income$3,500
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit2
HeatingYes
Rent IncludesUnit 3(none)
General Information for 163 West 2nd St, Boston MA 02127
Listing ID73229520
Property TypeMulti Family / 3 Family
Price$1,375,000 ($822.86/SqFt)
Style3 Family
CityBoston
CountySuffolk
MLS AreaSouth Boston
Neighborhood(s)
Approximate Living Area Total1,671 SqFt
Approximate Lot Size (Acres)0.04 acres
Total Parking0
Garage Parking
Year Built1910
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsBrick
Lot FeaturesLevel
Foundation Area
Foundation DescriptionConcrete Perimeter
Accessible Features
Outdoor Space
ZoningRES
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront FeaturesOcean, Beach Front, 1/2 To 1 Mile To Beach
Energy Features
Terms
Disclosures for 163 West 2nd St, Boston MA 02127
Lead Paint
UFFI
Living Area Includes BasementYes
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$7,780
Total Gross Income By Broker$45,600
Total Net Income By Broker$45,600
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation1.75
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnGross/full Sale Price
Financial Information for 163 West 2nd St, Boston MA 02127
Real Estate Taxes$7,708
Tax Year2023
Assessed Value$712,500
Financial Data Source
Total Gross Expenses By Broker$7,780
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$45,600
BostonRealEstate.com Gross Income
Total Net Income By Broker$45,600
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)5.24%
Location Information for 163 West 2nd St, Boston MA 02127
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaSouth Boston
Area AmenitiesPublic School, Shopping, Park, Medical Facility, Public Transportation, T-station
Contact Information for 163 West 2nd St, Boston MA 02127