Location-Location! A truly exceptional opportunity awaits you with this rarely available 2 family rowhouse on Commonwealth Avenue. Situated just 0.1 miles away from MBTA Green line (B) Washington St T-stop and 0.3 miles away from Whole Foods, variety restaurants and shops. This brick home is very special and it's much larger than it looks from the outside. Unit A is a 6 bed, 3 bath rented $5650 and it features a private deck, large living room, high ceilings, decorative fireplace, eat-in kitchen and gorgeous layout with two floor levels. Unit B is a 2 bed, 1 bath with 1096 Sq. Ft. rented $2400. The both units have separate gas heat & electric meters. Three off street parking spaces rented for $570 per month. Total rent is $8620 per month. Easy commute to Boston University, Boston College, Northeastern University, Longwood Area, downtown and much more. Don’t miss your chance to secure this remarkable investment property.
This home has been viewed 134 times
Last Checked: November 21st, 2024 at 5:22am (Source: MLS PIN #73225339)
Gross Income: $103,440
Gross Expenses: $11,225
Net Income Calc: $92,215
CAP Rate: 5.95%
Annual Expenses for 1524 Commonwealth Ave, Boston MA 02135
Total Gross Expenses (Calculated)$11,225/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$11,225
Annual Income & Unit Breakdown for 1524 Commonwealth Ave, Boston MA 02135
Total Gross Income (Calculated)$103,440
Unit 1
Rental Income$5,650
LeaseY
Bedrooms6
Bathrooms3 Full
Floor2
Levels in Unit2
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water)
Unit 2
Rental Income$2,970
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water)
General Information for 1524 Commonwealth Ave, Boston MA 02135
Listing ID73225339
Property TypeMulti Family
Price$1,549,900 ($465.3/SqFt)
StyleMulti Family
CityBoston
CountySuffolk
MLS AreaBrighton
Neighborhood(s)
Approximate Living Area Total3,331 SqFt
Approximate Lot Size (Acres)0.05 acres
Total Parking3
Garage Parking
Year Built1885
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsBrick
Lot Features
Foundation Area
Foundation DescriptionBrick/Mortar
Accessible Features
Outdoor Space
ZoningR2
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 1524 Commonwealth Ave, Boston MA 02135
Lead Paint
UFFI
Living Area Includes BasementYes
Living Area DisclosureThe public records indicates 2284 SqFt Total livin
Building Area SourceMeasured
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$103,440
Total Net Income By Broker$103,440
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2%
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnGross/full Sale Price
Financial Information for 1524 Commonwealth Ave, Boston MA 02135
Real Estate Taxes$11,225
Tax Year2024
Assessed Value$1,029,800
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$103,440
BostonRealEstate.com Gross Income
Total Net Income By Broker$103,440
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)5.95%
Location Information for 1524 Commonwealth Ave, Boston MA 02135
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaBrighton
Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Public School, Shopping, Park, Medical Facility, Bike Path, Public Transportation, T-station, Private School, University
Contact Information for 1524 Commonwealth Ave, Boston MA 02135