$12,725 AVERAGE MONTHLY over 5 years! Outstanding investment for landlords, investors,1031 exchanges, and more. What was once a shell of a seared structure, emerges as a brand new, turn-key four-family fully leased until 2027. The building has been completely gutted to the bones and rebuilt from the inside out. From a repointed brick shell to new water and sewer mains, nothing remains of its old self. Being brand new is not even its best quality, the entire building is fully leased for five years with above-market rents with annual increases. Operating expenses should be minimal, the tenant is responsible for all maintenance, utilities, and groundskeeping, while the landlord's responsibilities include water and taxes only. This is a perfect portfolio piece for anybody looking for a low-maintenance, turn-key investment. 123 Intervale is conveniently located just minutes to Four Corners/Geneva Commuter Line (Purple Line), Savin Hill (Red Line), I-93, and Columbia Road.
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Last Updated: May 7th, 2024 at 12:21am
Highway Access
House Of Worship
Shopping
Park
Medical Facility
Laundromat
Public Transportation
T-station
General Information for 123 Intervale Street, Boston, Massachusetts 02121
Property TypeResidential Income
Property Sub TypeMulti Family
Price$1,750,000
Price per sqft$400
MLS #73019949
Handicap Access / FeaturesNo
List Date2022-08-01
Special Listing Conditions
StateMassachusetts
Street NameIntervale Street
CityBoston
Zip Code02121
CountySuffolk
MLS Status
Covered Parking Spaces0
Heating Y/NYes
Heating System
Heat Zones
Sold Date
Property Sub TypeMulti Family
Building Area SourceOther
Building Area Total4375
Building Area Units0
CarportNo
Close Date
Close Price$0
Covered Parking Spaces0
Listing Service
UnparsedAddress123 Intervale Street, Boston MA 02121
Zoning
Interior Features for 123 Intervale Street, Boston, Massachusetts 02121
* Approx. Living Area Total4,375 sq ft
Living Area Includes BasementNo
Bedrooms10
* # Fireplaces0
Bathrooms (Total)7
Full Baths7
* # Half Baths0
* # Rooms
Basement
Heating System
Appliances
Electric
Living Area DisclosureMeasurements are approximate
Living Area Includes BasementNo
Door Features
ElectricYes
Electric$0
MLS Area (Major)Dorchester's Grove Hall
MLSPIN_BEDRMS_12
MLSPIN_BEDRMS_22
MLSPIN_BEDRMS_33
MLSPIN_BEDRMS_43
MLSPIN_FLRS_1
MLSPIN_FLRS_2
MLSPIN_FLRS_3
MLSPIN_FLRS_4
MLSPIN_F_BTHS_11
MLSPIN_F_BTHS_22
MLSPIN_F_BTHS_32
MLSPIN_F_BTHS_42
MLSPIN_GRE$0
MLSPIN_HTE$0
MLSPIN_H_BTHS_10
MLSPIN_H_BTHS_20
MLSPIN_H_BTHS_3 0
MLSPIN_H_BTHS_40
OffMarketDate28/02/2023
Exterior Features for 123 Intervale Street, Boston, Massachusetts 02121
* Approximate Lot Size0.06 acres
Covered Parking Spaces0
Lot FeaturesLevel
* Parking Spaces0
* Sewer Utilities
* Water Utilities
* Year Built1890
Year Built Details
Year Built SourcePublic Records
Construction MaterialsBrick, Frame
Exterior Features
Foundation Area
Foundation MaterialsStone
Approx. Street Frontage
Horse PermittedNo
Horse Amenities
Parking Features
Utilities
Lot Size (Square Feet)2,540 Sqft
Disclosures for 123 Intervale Street, Boston, Massachusetts 02121
Buyer Agent Compensation2
Contingency
Financing
Disclosures
Documents Available
Exclusions
MLSPIN_COMP_BASED_ONNet Sale Price
MLSPIN_COOP_COMP
MLSPIN_DISCLOSUREN
Lead PaintUnknown
Living Area DisclosureMeasurements are approximate
Living Area Includes BasementNo
Facilitator Compensation1
TransactionBrokerCompensationType
BuyerAgencyCompensationType
Financial Information for 123 Intervale Street, Boston, Massachusetts 02121
Assessed Value
Real Estate Tax$0
Tax Year
Financial Data Source
Gross Income$144,000
Insurance Expense$0
MLSPIN_LEASE_1
MLSPIN_LEASE_2
MLSPIN_LEASE_3
MLSPIN_LEASE_4
MLSPIN_LEVELS_11
MLSPIN_LEVELS_21
MLSPIN_LEVELS_31
MLSPIN_LEVELS_41
MLSPIN_MGF$0
MLSPIN_MSE$0
MLSPIN_RENT13000
MLSPIN_RENT23000
MLSPIN_RENT33000
MLSPIN_RENT43000
MLSPIN_RFS$0
MLSPIN_RME$0
MLSPIN_SOLD_PRICE_PER_SQFT$0
NetOperatingIncome$144,000
OperatingExpense$0
OriginalListPrice$1,850,000
RENT_FEE_INCLUDESUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)
TOTAL_RENT12000
WaterSewerExpense$0
Lifestyle Information for 123 Intervale Street, Boston, Massachusetts 02121
FireplaceYNNo
Frontage Type
GarageYNNo
Waterview
Pool Features
Waterfront Features
Location information for 123 Intervale Street, Boston, Massachusetts 02121
Elementary School
Middle School
High School
NumberOfUnitsTotal4
Marketing History for 123 Intervale Street, Boston, Massachusetts 02121
MLSPIN_MARKET_TIME_BROKER195
MLSPIN_MARKET_TIME_PROPERTY195
PurchaseContractDate
Agent Information for 123 Intervale Street, Boston, Massachusetts 02121