Investors - Welcome to 9 Harvard Ave a just under 8% cap rate with room to grow! This 3 family, corner property also includes a 2,861 sq ft lot behind the building registered as 4 Arvale Rd. Currently being used as parking for the tenants. This well maintained and turnkey property offers 11 beds 3 baths, recently remodeled kitchens and baths, fully occupied with solid renters. Units 1 and 2 could be used as 5 bedrooms, Third floor unit can be used as 4 beds. Third floor is currently under market. The property can also be converted into individual condos. All floors are similar in size and layout. Hardwood floors throughout except for bathrooms and kitchens. Each unit has their own private back porches. Full basement with room for laundry and storage. 48 hours notice for all showings.
This home has been viewed 33 times
Last Updated: April 1st, 2025 at 8:18am
Gross Income: $115,800
Gross Expenses: $8,625
Net Income Calc: $107,175
CAP Rate: 6.50%
Annual Expenses for 9 Harvard Ave, Boston MA 02121
Total Gross Expenses (Calculated)$8,625/year
APOD AvailableNo
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$8,625
Annual Income & Unit Breakdown for 9 Harvard Ave, Boston MA 02121
Total Gross Income (Calculated)$115,800
Unit 1
Rental Income3650
LeaseY
Bedrooms4
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 2(water), Unit 3(water), Water), Unit 1(electric
Unit 2
Rental Income3400
LeaseY
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesUnit 2(water), Unit 3(water), Water), Unit 1(electric
Unit 3
Rental Income2600
LeaseY
Bedrooms4
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingYes
Rent IncludesUnit 2(water), Unit 3(water), Water), Unit 1(electric
General Information for 9 Harvard Ave, Boston MA 02121
Listing ID73339626
Property TypeMulti Family / 3 Family
Price$1,649,900 ($375.92/SqFt)
Style
CityBoston
CountySuffolk
MLS AreaDorchester
Neighborhood(s)
Approximate Living Area Total4,389 SqFt
Approximate Lot Size (Acres)0.06 acres
Total Parking6
Garage Parking
Year Built1890
Year Built SourcePublic Records
Year RenovatedN/A
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesCorner Lot
Foundation Area
Foundation DescriptionConcrete Perimeter
Accessible Features
Outdoor SpacePorch
ZoningR3
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy FeaturesStorm Window(s)
Terms
Interior Features for 9 Harvard Ave, Boston MA 02121
Disclosures for 9 Harvard Ave, Boston MA 02121
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$115,800
Total Net Income By Broker$115,800
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnCompensation Offered But Not In Mls
Location Information for 9 Harvard Ave, Boston MA 02121
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaDorchester
Area AmenitiesShopping, Laundromat, Public Transportation
Contact Information for 9 Harvard Ave, Boston MA 02121
