TROPHY Ground-Up New Construction Dorchester Massive 4-Unit building available now with a huge parking lot! This impressive turnkey property offers an unparalleled investment opportunity in a prime location. Meticulously crafted and brand new, ensuring low-maintenance ownership. Each unit boasts a luxurious 3-bed, 2-bath condo-quality layout, showcasing exceptional craftsmanship! The potential for maximizing rental income is substantial, with the possibility to achieve rents up to $4,000/month per floor. This translates to a gross income of $16,000/month and an impressive $192,000 annually. Featuring hardwood floors, central air, expansive open-layouts, lux spa bathrooms, chef-inspired kitchens, & large bedrooms, this building offers an array of desirable amenities. Strategically positioned in the heart of Boston, with close proximity to an abundance of public transit options, shops, restaurants, hospitals, and universities, this property presents an ideal investment opportunity!
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Last Updated: November 23rd, 2024 at 6:33am
Walk/jog Trails
Highway Access
House Of Worship
Public School
Shopping
Golf
Park
Medical Facility
Laundromat
Bike Path
Public Transportation
T-station
Pool
Tennis Court(s)
Private School
University
General Information for 416 Harvard St, Boston, Massachusetts 02124
Property TypeResidential Income
Property Sub TypeMulti Family
Price$2,249,000
Price per sqft$477.49
MLS #73235874
Handicap Access / FeaturesNo
List Date2024-05-09
Special Listing Conditions
StateMassachusetts
Street NameHarvard St
CityBoston
Zip Code02124
CountySuffolk
MLS Status
Covered Parking Spaces0
Heating Y/NNo
Heating System
Heat Zones4
Sold Date
Property Sub TypeMulti Family
Building Area SourcePublic Records
Building Area Total4710
Building Area Units0
CarportNo
Close Date
Close Price$0
Covered Parking Spaces0
Listing Service
UnparsedAddress416 Harvard St, Boston MA 02124
Zoning
Interior Features for 416 Harvard St, Boston, Massachusetts 02124
* Approx. Living Area Total4,710 sq ft
Living Area Includes BasementNo
Bedrooms12
* # Fireplaces0
Bathrooms (Total)8
Full Baths8
* # Half Baths0
* # Rooms
Basement
Heating System
Appliances
4
Electric
Living Area Disclosure
Living Area Includes BasementNo
Door Features
ElectricYes
Electric$0
MLS Area (Major)Dorchester
MLSPIN_BEDRMS_13
MLSPIN_BEDRMS_23
MLSPIN_BEDRMS_33
MLSPIN_BEDRMS_43
MLSPIN_FLRS_1
MLSPIN_FLRS_2
MLSPIN_FLRS_3
MLSPIN_FLRS_4
MLSPIN_F_BTHS_12
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
OffMarketDate
Exterior Features for 416 Harvard St, Boston, Massachusetts 02124
* Approximate Lot Size0.15 acres
Covered Parking Spaces0
Lot FeaturesCorner Lot
* Parking Spaces6
* Sewer Utilities
* Water Utilities
* Year Built2018
Year Built Details
Year Built SourcePublic Records
Construction MaterialsFrame
Exterior Features
Foundation Area
Foundation MaterialsConcrete Perimeter
Approx. Street Frontage
Horse PermittedNo
Horse Amenities
Parking Features
Utilities
Lot Size (Square Feet)6,620 Sqft
Disclosures for 416 Harvard St, Boston, Massachusetts 02124
Buyer Agent Compensation2
Contingency
Financing
Disclosures
Documents Available
Exclusions
MLSPIN_COMP_BASED_ONNet Sale Price
MLSPIN_COOP_COMP
MLSPIN_DISCLOSUREN
Lead PaintNone
Living Area Disclosure
Living Area Includes BasementNo
Facilitator Compensation2
TransactionBrokerCompensationType%
BuyerAgencyCompensationType%
Financial Information for 416 Harvard St, Boston, Massachusetts 02124
Assessed Value
Real Estate Tax$0
Tax Year
Financial Data Source
Gross Income$187,200
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_RENT13900
MLSPIN_RENT23900
MLSPIN_RENT33900
MLSPIN_RENT43900
MLSPIN_RFS$0
MLSPIN_RME$0
MLSPIN_SOLD_PRICE_PER_SQFT$0
NetOperatingIncome$187,200
OperatingExpense$0
OriginalListPrice$2,400,000
RENT_FEE_INCLUDES
TOTAL_RENT16000
WaterSewerExpense$0
Lifestyle Information for 416 Harvard St, Boston, Massachusetts 02124
FireplaceYNNo
Frontage Type
GarageYNNo
Waterview
Pool Features
Waterfront Features
Location information for 416 Harvard St, Boston, Massachusetts 02124
Elementary School
Middle School
High School
NumberOfUnitsTotal4
Marketing History for 416 Harvard St, Boston, Massachusetts 02124
MLSPIN_MARKET_TIME_BROKER197
MLSPIN_MARKET_TIME_PROPERTY197
PurchaseContractDate
Agent Information for 416 Harvard St, Boston, Massachusetts 02124