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63 Fairbanks Street, Boston MA 02135

$1,200,000

Estimated $2,897.04/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $600,000

Total Rent: 78000/year

Estimated CAP Rate: 4.92%

6 Bedrooms

4 Full Baths

3,125 SqFt

Total Parking: 7 (2 Garage)

4,300 SqFt

Absolutely stunning 2 family property in a very convenient Brighton location. The property has received many recent upgrades and has been meticulously maintained by the same owner since 1982. The first floor features a large 2 bedroom-2 bathroom apartment with in-unit laundry, a large deck, and beautiful hardwood floors. The upstairs apartment features a 4 bedroom-2 bathroom apartment that spans the entire 2nd and 3rd floor of the house. The living room & kitchen are both spacious and sunny and also features in-unit laundry. Both kitchens have modern white cabinets, granite countertops, and upgraded appliance packages. The bathrooms have also been brought up to modern standards. There's ample parking in the driveway, as well as, a 2 car garage. There's also a shared backyard to enjoy during the warmer months. The property benefits from its proximity to the express bus, Saint Elizabeths hospital, multiple universities, shops/restaurants, the Mass pike, and so much more!

This home has been viewed 65 times

Last Checked: June 5th, 2024 at 4:18am (Source: MLS PIN #73215286)

Gross Income: $78,000

Gross Expenses: $19,015

Net Income Calc: $58,985

CAP Rate: 4.92%

Annual Expenses for 63 Fairbanks Street, Boston MA 02135

Total Gross Expenses (Calculated)$19,015/year

APOD AvailableYes

Heating

Electricity

Water$1,800

Gas$1,800

Insurance$2,800

Sewer$1,800

Trash Removal

Repair & Maintenance$3,000

Management

Miscellaneous

Real Estate Tax$11,415

Annual Income & Unit Breakdown for 63 Fairbanks Street, Boston MA 02135

Total Gross Income (Calculated)$78,000

Unit 1

Rental Income$2,500

LeaseY

Bedrooms2

Bathrooms2 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water)

Unit 2

Rental Income$4,000

LeaseY

Bedrooms4

Bathrooms2 Full

Floor2

Levels in Unit2

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water)

General Information for 63 Fairbanks Street, Boston MA 02135

Listing ID73215286

Property TypeMulti Family

Price$1,200,000 ($384/SqFt)

StyleMulti Family

CityBoston

CountySuffolk

MLS AreaBrighton

Neighborhood(s)

Approximate Living Area Total3,125 SqFt

Approximate Lot Size (Acres)0.1 acres

Total Parking7 (2 Garage)

Garage Parking2 / Detached

Year Built1890

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsSee Remarks

Lot FeaturesOther

Foundation Area

Foundation DescriptionOther

Accessible Features

Outdoor Space

ZoningR2

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy FeaturesOther (See Remarks)

Terms

Disclosures for 63 Fairbanks Street, Boston MA 02135

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area DisclosureOne bathroom for the 2 bed-2 bath on the 1st floor

Building Area SourceOwner

Title 5

Exclusions

Disclosures

Financial Data SourceOwner

Total Gross Expenses By Broker$7,600

Total Gross Income By Broker$78,000

Total Net Income By Broker$58,985

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnGross/full Sale Price

Financial Information for 63 Fairbanks Street, Boston MA 02135

Real Estate Taxes$11,415

Tax Year2024

Assessed Value$1,037,900

Financial Data SourceOwner

Total Gross Expenses By Broker$7,600

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$78,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$58,985

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)4.92%

Location Information for 63 Fairbanks Street, Boston MA 02135

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaBrighton

Area AmenitiesWalk/jog Trails, Shopping, Golf, Park, Bike Path, Public Transportation, Tennis Court(s)

Contact Information for 63 Fairbanks Street, Boston MA 02135

Agent

Name: Jackson Wells

Office

Name: Harvard Real Estate

Phone: 617-243-0770

Team Members

Name: Geoffrey Wells

Phone: 617-968-2002

Payment Calculator

, Interest

Property Taxes 951.25

Principal & Interest 7394.02

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Harvard Real Estate

Jackson Wells

Agent Phone

Office Phone

(617) 243-0770

Text Agent Call Agent Call Office

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                    [enabled] => 1
                    [created] => 2024-06-05 04:18:29
                    [modified] => 2024-06-05 04:18:29
                )

[18] => Array
                (
                    [id] => 26014875
                    [name] => MLS19.jpg
                    [type] => gallery
                    [category] => external
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                    [index] => 19
                    [enabled] => 1
                    [created] => 2024-06-05 04:18:29
                    [modified] => 2024-06-05 04:18:29
                )

[19] => Array
                (
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                    [name] => MLS20.jpg
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                    [index] => 20
                    [enabled] => 1
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                    [modified] => 2024-06-05 04:18:29
                )

[20] => Array
                (
                    [id] => 26014877
                    [name] => MLS21.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73215286&w=1024&h=768&n=21
                    [index] => 21
                    [enabled] => 1
                    [created] => 2024-06-05 04:18:29
                    [modified] => 2024-06-05 04:18:29
                )

[21] => Array
                (
                    [id] => 26014878
                    [name] => MLS22.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73215286&w=1024&h=768&n=22
                    [index] => 22
                    [enabled] => 1
                    [created] => 2024-06-05 04:18:29
                    [modified] => 2024-06-05 04:18:29
                )

[22] => Array
                (
                    [id] => 26014879
                    [name] => MLS23.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73215286&w=1024&h=768&n=23
                    [index] => 23
                    [enabled] => 1
                    [created] => 2024-06-05 04:18:29
                    [modified] => 2024-06-05 04:18:29
                )

[23] => Array
                (
                    [id] => 26014880
                    [name] => MLS24.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73215286&w=1024&h=768&n=24
                    [index] => 24
                    [enabled] => 1
                    [created] => 2024-06-05 04:18:29
                    [modified] => 2024-06-05 04:18:29
                )

[24] => Array
                (
                    [id] => 26014881
                    [name] => MLS25.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73215286&w=1024&h=768&n=25
                    [index] => 25
                    [enabled] => 1
                    [created] => 2024-06-05 04:18:29
                    [modified] => 2024-06-05 04:18:29
                )

[25] => Array
                (
                    [id] => 26014882
                    [name] => MLS26.jpg
                    [type] => gallery
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                    [url] => https://media.mlspin.com/photo.aspx?mls=73215286&w=1024&h=768&n=26
                    [index] => 26
                    [enabled] => 1
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                    [modified] => 2024-06-05 04:18:29
                )

[26] => Array
                (
                    [id] => 26014883
                    [name] => MLS27.jpg
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                    [index] => 27
                    [enabled] => 1
                    [created] => 2024-06-05 04:18:29
                    [modified] => 2024-06-05 04:18:29
                )

)

)

EXIT