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211 W 9th St., Boston MA 02127

$1,999,000

Estimated $4,209.20/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $666,333.33

Total Rent: 132000/year

Estimated CAP Rate: 6.02%

8 Bedrooms

4 Full Baths

2,500 SqFt

Total Parking: 0

1,310 SqFt

This recently renovated 3-family offers lucrative monthly cash flow of $11,000 ($132,000 annually) in an area that is on the rise with the development of Washington Village and the attractions of Old Colony Ave located just around the corner. This building is comprised of three condo-quality residences; unit one is a 4 bed, 2 bath bi-level space and the second and third floors offer two 2 bedrooms and 1 bath each. All three units showcase eye-catching quartz countertops, stainless steel appliances, central A/C, and in-unit laundry. The common backyard and convenient location; walking distance to Broadway T, West Broadway, and the Seaport round out the long list of desirable features of this turn-key property. Savvy investors take notice!

This home has been viewed 206 times

Last Checked: April 27th, 2024 at 8:17am (Source: MLS PIN #73221624)

Gross Income: $132,000

Gross Expenses: $11,614

Net Income Calc: $120,386

CAP Rate: 6.02%

Beach Front

Annual Expenses for 211 W 9th St., Boston MA 02127

Total Gross Expenses (Calculated)$11,614/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$11,614

Annual Income & Unit Breakdown for 211 W 9th St., Boston MA 02127

Total Gross Income (Calculated)$132,000

Unit 1

Rental Income$5,000

LeaseY

Bedrooms4

Bathrooms2 Full

Floor1

Levels in Unit2

HeatingYes

Rent Includes

Unit 2

Rental Income$3,000

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent Includes

Unit 3

Rental Income$3,000

LeaseY

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingYes

Rent Includes

General Information for 211 W 9th St., Boston MA 02127

Listing ID73221624

Property TypeMulti Family / 3 Family

Price$1,999,000 ($799.6/SqFt)

Style3 Family

CityBoston

CountySuffolk

MLS AreaSouth Boston

Neighborhood(s)

Approximate Living Area Total2,500 SqFt

Approximate Lot Size (Acres)0.03 acres

Total Parking0

Garage Parking

Year Built1886

Year Built SourcePublic Records

Year Renovated

Year Built DetailsRenovated Since

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningR3

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront FeaturesBay, Beach Front, Beach Ownership(public), 1 To 2 Mile To Beach

Energy Features

Terms

Disclosures for 211 W 9th St., Boston MA 02127

Lead Paint

UFFI

Living Area Includes BasementYes

Living Area Disclosure

Building Area SourceOther

Title 5

Exclusions

Disclosures

Financial Data SourceOwner

Total Gross Expenses By Broker$25,720

Total Gross Income By Broker$132,000

Total Net Income By Broker$106,280

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.0%%

Facilitator Compensation1.0%%

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 211 W 9th St., Boston MA 02127

Real Estate Taxes$11,614

Tax Year2023

Assessed Value$1,081,400

Financial Data SourceOwner

Total Gross Expenses By Broker$25,720

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$132,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$106,280

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)6.02%

Location Information for 211 W 9th St., Boston MA 02127

Elementary SchoolBps

Middle SchoolBps

High SchoolBps

Neighborhood(s)

MLS AreaSouth Boston

Area AmenitiesWalk/jog Trails, Highway Access, Public School, Shopping, Park, Medical Facility, Public Transportation, T-station

Contact Information for 211 W 9th St., Boston MA 02127

Agent

Name: Kevin Lewis

Office

Name: Compass

Phone: 781-285-8028

Team Members

Name: Aidan Flanagan

Phone: 617-797-4284

Payment Calculator

, Interest

Property Taxes 967.83

Principal & Interest 12317.2

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Compass

Kevin Lewis

Agent Phone

Office Phone

(781) 285-8028

Text Agent Call Agent Call Office

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EXIT

Active

211 W 9th St., Boston MA 02127

$1,999,000

Annual Expenses for 211 W 9th St., Boston MA 02127

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Financial Information for 211 W 9th St., Boston MA 02127

Location Information for 211 W 9th St., Boston MA 02127

Contact Information for 211 W 9th St., Boston MA 02127

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Kevin Lewis