Gourgeous mulifamily in Prime Location right on Commionwealth ave in Brighton!!!Rare Opportunity for a developer and savvy investor! Mixed Use Property -- just approved by ZBA to convert to 6 residential units.Currently, Property is 3 Residential: 1) 4bd/2bath + 2) 3bd/1ba ...
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Last Checked: April 29th, 2024 at 4:37am (Source: MLS PIN #73227694)
Gross Income: $130,800
Gross Expenses: $25,980
Net Income Calc: $104,820
CAP Rate: 4.03%
Annual Expenses for 1853 Commonwealth Ave, Boston MA 02135
Total Gross Expenses (Calculated)$25,980/year
APOD AvailableYes
Heating
Electricity$3,475
Water$2,123
Gas$2,123
Insurance$1,955
Sewer$2,123
Trash Removal
Repair & Maintenance
Management
Miscellaneous$3,000
Real Estate Tax$15,427.86
Annual Income & Unit Breakdown for 1853 Commonwealth Ave, Boston MA 02135
Total Gross Income (Calculated)$130,800
Unit 1
Rental Income$2,700
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$2,500
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit0
HeatingNo
Rent Includes
Unit 3
Rental Income$2,500
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit0
HeatingNo
Rent Includes
Unit 4
Rental Income$3,200
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit0
HeatingNo
Rent Includes
General Information for 1853 Commonwealth Ave, Boston MA 02135
Listing ID73227694
Property TypeMulti Family / 5+ Family
Price$2,600,000 ($524.51/SqFt)
Style5-9 Family
CityBoston
CountySuffolk
MLS AreaBrighton
Neighborhood(s)
Approximate Living Area Total4,957 SqFt
Approximate Lot Size (Acres)0.13 acres
Total Parking10 (2 Garage)
Garage Parking2 / Detached
Year Built1910
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot Features
Foundation Area
Foundation DescriptionConcrete Perimeter
Accessible Features
Outdoor Space
ZoningRC
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 1853 Commonwealth Ave, Boston MA 02135
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceOwner
Total Gross Expenses By Broker$32,719
Total Gross Income By Broker$208,800
Total Net Income By Broker$176,081
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation1
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnGross/full Sale Price
Financial Information for 1853 Commonwealth Ave, Boston MA 02135
Real Estate Taxes$15,427.86
Tax Year2024
Assessed Value$1,415,400
Financial Data SourceOwner
Total Gross Expenses By Broker$32,719
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$208,800
BostonRealEstate.com Gross Income
Total Net Income By Broker$176,081
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)4.03%
Location Information for 1853 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, Laundromat, Bike Path, Public Transportation, T-station, Pool, Tennis Court(s)
Contact Information for 1853 Commonwealth Ave, Boston MA 02135