GREAT OPPORTUNITY TO OWN A PREMIER TROPHY BRICK DORCHESTER 6-UNIT BUILDING LOCATED IN A PRIME NEIGHBORHOOD WITH GROSS RENT POTENTIAL OF $165K+! Superb building that will make for a great investment with tremendous upside or a strong 1031 Exchange option. LOW OPERATING EXPENSES & EASY TO MAINTAIN! This energy efficient brick building features great overall system mechanicals + upgrades. There are (5) lead compliant 2 bed 1 bath units w/great open layouts & 1 additional income producing commercial store space unit with extra storage. The building sits directly across from a brand new park/playground & features a young rubber roof, in-unit tankless Navien water heaters, hardwood floors, separate utilities, sturdy rear decks, parking, a huge basement, & much more! Four Corners/Geneva Commuter Rail stop is 3 blocks away! Multiple bus lines nearby, short commute to Downtown Boston, easy highway access. Franklin Park + the golf course is almost at the door steps. Cash cow for years to come!
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Last Updated: May 6th, 2024 at 11:41pm
General Information for 107-109 Erie St, Boston, Massachusetts 02121
Property TypeCommercial Sale
Property Sub TypeMulti Family
Price$1,999,999
Price per sqft$0
MLS #72904622
Handicap Access / FeaturesNo
List Date2021-10-05
Special Listing Conditions
StateMassachusetts
Street NameErie St
CityBoston
Zip Code02121
CountySuffolk
MLS Status
Covered Parking Spaces
Heating Y/NNo
Heating System
Heat Zones
Sold Date
Property Sub TypeMulti Family
Building Area Source
Building Area Total5222
Building Area Units0
CarportNo
Close Date
Close Price$0
Covered Parking Spaces
Listing Service
UnparsedAddress107-109 Erie St, Boston MA 02121
Zoning
Interior Features for 107-109 Erie St, Boston, Massachusetts 02121
* Approx. Living Area Total5,222 sq ft
Living Area Includes Basement
Bedrooms0
* # Fireplaces0
Bathrooms (Total)0
Full Baths
* # Half Baths0
* # Rooms
Basement
Heating System
Appliances
Electric
Living Area Disclosure
Living Area Includes Basement
Door Features
ElectricNo
Electric$0
MLS Area (Major)Dorchester
MLSPIN_BEDRMS_1
MLSPIN_BEDRMS_2
MLSPIN_BEDRMS_3
MLSPIN_BEDRMS_4
MLSPIN_FLRS_1
MLSPIN_FLRS_2
MLSPIN_FLRS_3
MLSPIN_FLRS_4
MLSPIN_F_BTHS_1
MLSPIN_F_BTHS_2
MLSPIN_F_BTHS_3
MLSPIN_F_BTHS_4
MLSPIN_GRE$0
MLSPIN_HTE$0
MLSPIN_H_BTHS_1
MLSPIN_H_BTHS_2
MLSPIN_H_BTHS_3
MLSPIN_H_BTHS_4
OffMarketDate19/01/2023
Exterior Features for 107-109 Erie St, Boston, Massachusetts 02121
* Approximate Lot Size0.07 acres
Covered Parking Spaces
Lot Features
* Parking Spaces2
* Sewer Utilities
* Water Utilities
* Year Built1920
Year Built Details
Year Built Source
Construction Materials
Exterior Features
Foundation Area
Foundation Materials
Approx. Street Frontage
Horse PermittedNo
Horse Amenities
Parking Features
Utilities
Lot Size (Square Feet)2,848 Sqft
Disclosures for 107-109 Erie St, Boston, Massachusetts 02121
Buyer Agent Compensation2
Contingency
Financing
Disclosures
Documents Available
Exclusions
MLSPIN_COMP_BASED_ON
MLSPIN_COOP_COMP
MLSPIN_DISCLOSURE
Lead PaintUnknown
Living Area Disclosure
Living Area Includes Basement
Facilitator Compensation2
TransactionBrokerCompensationType
BuyerAgencyCompensationType
Financial Information for 107-109 Erie St, Boston, Massachusetts 02121
Assessed Value
Real Estate Tax$0
Tax Year
Financial Data Source
Gross Income$151,200
Insurance Expense$0
MLSPIN_LEASE_1
MLSPIN_LEASE_2
MLSPIN_LEASE_3
MLSPIN_LEASE_4
MLSPIN_LEVELS_1
MLSPIN_LEVELS_2
MLSPIN_LEVELS_3
MLSPIN_LEVELS_4
MLSPIN_MGF$0
MLSPIN_MSE$0
MLSPIN_RENT1
MLSPIN_RENT2
MLSPIN_RENT3
MLSPIN_RENT4
MLSPIN_RFS$0
MLSPIN_RME$0
MLSPIN_SOLD_PRICE_PER_SQFT$0
NetOperatingIncome$0
OperatingExpense$0
OriginalListPrice$2,499,999
RENT_FEE_INCLUDES
TOTAL_RENT
WaterSewerExpense$0
Lifestyle Information for 107-109 Erie St, Boston, Massachusetts 02121
FireplaceYNNo
Frontage Type
GarageYNNo
Waterview
Pool Features
Waterfront Features
Location information for 107-109 Erie St, Boston, Massachusetts 02121
Elementary School
Middle School
High School
NumberOfUnitsTotal
Marketing History for 107-109 Erie St, Boston, Massachusetts 02121
MLSPIN_MARKET_TIME_BROKER
MLSPIN_MARKET_TIME_PROPERTY
PurchaseContractDate
Agent Information for 107-109 Erie St, Boston, Massachusetts 02121