Asking price per square foot is $595.14 (Building is 2680 SF at $1,590,000). Building lot is 714/sf. Parking area and driveway is 3,692/sf ($1,000,000) Welcome to Jerusalem Place, a rare gem nestled in the heart of the historic North End of Boston. Boasting three existing residential units accompanied by a convenient ten-car parking surface lot. Each unit within Jerusalem Place is a testament to meticulous renovation, presenting turn-key apartments equipped with modern amenities to suit contemporary living standards. From dishwashers and laundry facilities to central air conditioning and gleaming hardwood floors, every detail has been carefully considered to provide residents with the utmost comfort and convenience. Jerusalem Place epitomizes the charm of traditional North End architecture. The property stands as a testament to the enduring allure of this historic neighborhood, where old-world charm seamlessly blends with modern amenities.
This home has been viewed 105 times
Last Checked: October 7th, 2024 at 4:14pm (Source: MLS PIN #73224904)
Gross Income: $132,000
Gross Expenses: $15,730
Net Income Calc: $116,270
CAP Rate: 4.49%
Annual Expenses for 3-7 Jerusalem Pl, Boston MA 02113
Total Gross Expenses (Calculated)$15,730/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$15,730
Annual Income & Unit Breakdown for 3-7 Jerusalem Pl, Boston MA 02113
Total Gross Income (Calculated)$132,000
Unit 1
Rental Income$2,900
LeaseN
Bedrooms2
Bathrooms1 Full, 1 Half
Floor1
Levels in Unit2
HeatingNo
Rent IncludesNo
Unit 2
Rental Income$2,850
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent IncludesNo
Unit 3
Rental Income$1,800
LeaseN
Bedrooms1
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingNo
Rent IncludesNo
General Information for 3-7 Jerusalem Pl, Boston MA 02113
Listing ID73224904
Property TypeMulti Family / 3 Family
Price$2,590,000 ($966.42/SqFt)
Style3 Family
CityBoston
CountySuffolk
MLS AreaNorth End
Neighborhood(s)
Approximate Living Area Total2,680 SqFt
Approximate Lot Size (Acres)0.08 acres
Total Parking10
Garage Parking
Year Built1899
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame, Brick
Lot FeaturesOther
Foundation Area
Foundation DescriptionBrick/Mortar,Granite,Other
Accessible Features
Outdoor Space
ZoningR3
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront FeaturesNo
Energy Features
Terms
Disclosures for 3-7 Jerusalem Pl, Boston MA 02113
Lead Paint
UFFI
Living Area Includes BasementYes
Living Area Disclosure
Building Area SourceOwner
Title 5
Exclusions
Disclosures
Financial Data SourceNo
Total Gross Expenses By Broker$0
Total Gross Income By Broker$132,000
Total Net Income By Broker$132,000
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2.5
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 3-7 Jerusalem Pl, Boston MA 02113
Real Estate Taxes$15,730
Tax Year2024
Assessed Value$1,443,100
Financial Data SourceNo
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$132,000
BostonRealEstate.com Gross Income
Total Net Income By Broker$132,000
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)4.49%
Location Information for 3-7 Jerusalem Pl, Boston MA 02113
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaNorth End
Area AmenitiesWalk/jog Trails, Conservation Area, Highway Access, House Of Worship, Public School, Shopping, Park, Medical Facility, Laundromat, Bike Path, Public Transportation, T-station, Pool, Tennis Court(s), Marina, Private School, University, Other
Contact Information for 3-7 Jerusalem Pl, Boston MA 02113