CALLING ALL INVESTORS, FLIPPERS, AND POTENTIAL OWNER-OCCUPANTS! Explore this rare three-unit property in Mattapan, featuring steady rents and positive cash flow. Each unit offers three bedrooms, spacious living areas, a full bath, and both front and rear balconies. BONUS** Two finished rooms on the first floor and two rooms in basement. Enjoy a private side yard and a fenced-in area for play, pets, barbecues, and neighborly gatherings. The property includes the adjacent vacant lot, (Lot #55 Woolson), perfect for tenant parking and potential storage, as well as a large outbuilding (previously two garage bays) with finished rooms and extra space. Some improvements are done. Pre-approved buyers, please provide your pre-approval letter before scheduling a showing. This property may not qualify for FHA financing; conventional or cash buyers are welcome. Join us for open houses on Saturday and Sunday, January 13th and 14th, from 11 AM to 1 PM. Don't miss this chance to explore this.
This home has been viewed 78 times
Last Checked: May 5th, 2024 at 4:47am (Source: MLS PIN #73191845)
Gross Income: $72,000
Gross Expenses: $8,647
Net Income Calc: $63,353
CAP Rate: 7.04%
Annual Expenses for 57 Woolson Street, Boston MA 02126
Total Gross Expenses (Calculated)$8,647/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$8,647
Annual Income & Unit Breakdown for 57 Woolson Street, Boston MA 02126
Total Gross Income (Calculated)$72,000
Unit 1
Rental Income$2,400
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 2(water), Unit 3(water), Unit 1(hot Water)
Unit 2
Rental Income$1,800
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesUnit 2(water), Unit 3(water), Unit 1(hot Water)
Unit 3
Rental Income$1,800
LeaseN
Bedrooms3
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingYes
Rent IncludesUnit 2(water), Unit 3(water), Unit 1(hot Water)
General Information for 57 Woolson Street, Boston MA 02126
Listing ID73191845
Property TypeMulti Family / 3 Family
Price$900,000 ($248.96/SqFt)
Style3 Family
CityBoston
CountySuffolk
MLS AreaMattapan
Neighborhood(s)
Approximate Living Area Total3,615 SqFt
Approximate Lot Size (Acres)0.11 acres
Total Parking3
Garage Parking
Year Built1910
Year Built SourcePublic Records
Year Renovated
Year Built DetailsRenovated Since
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesLevel, Cleared
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor Space
ZoningR3
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 57 Woolson Street, Boston MA 02126
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area DisclosureParts of basement (multiple rooms) are partially f
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$64,800
Total Net Income By Broker$64,800
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 57 Woolson Street, Boston MA 02126
Real Estate Taxes$8,647
Tax Year2023
Assessed Value$805,100
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$64,800
BostonRealEstate.com Gross Income
Total Net Income By Broker$64,800
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)7.04%
Location Information for 57 Woolson Street, Boston MA 02126
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaMattapan
Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Public School, Shopping, Park, Medical Facility, Laundromat, Public Transportation, T-station, Private School, University, Sidewalks
Contact Information for 57 Woolson Street, Boston MA 02126