Discover a rarely available investment opportunity in the heart of Allston. This is an expansive nearly 4400 square foot two-family Victorian house. Boasting brand new kitchens, updated baths, replacement windows, and gleaming hardwood floors. This property has 10-11 spacious bedrooms and four full baths, presenting a lucrative and stable income source. Fenced yard perfect for lounging and gardening. Situated in a desirable location with easy access to downtown, Cambridge, HBS, this gem is in turn-key condition and primed for maximum returns. Potential and space to add another bedroom and bathroom to Apt 2. Extra income from the washer / dryer in the basement. Don't miss the chance to own an income-generating property in Lower Allston, Boston's hottest locations.
This home has been viewed 86 times
Last Checked: October 7th, 2024 at 4:14pm (Source: MLS PIN #73230283)
Gross Income: $135,000
Gross Expenses: $19,674
Net Income Calc: $115,326
CAP Rate: 6.78%
Annual Expenses for 10 Royal St, Boston MA 02134
Total Gross Expenses (Calculated)$19,674/year
APOD AvailableYes
Heating
Electricity$222
Water$1,691
Gas$1,691
Insurance$2,562
Sewer$1,691
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$15,083
Annual Income & Unit Breakdown for 10 Royal St, Boston MA 02134
Total Gross Income (Calculated)$135,000
Unit 1
Rental Income$4,750
LeaseY
Bedrooms4
Bathrooms2 Full
Floor1
Levels in Unit1
HeatingNo
Rent IncludesNo
Unit 2
Rental Income$6,500
LeaseN
Bedrooms6
Bathrooms2 Full
Floor2
Levels in Unit1
HeatingNo
Rent IncludesNo
General Information for 10 Royal St, Boston MA 02134
Listing ID73230283
Property TypeMulti Family
Price$1,700,000 ($387.77/SqFt)
StyleMulti Family
CityBoston
CountySuffolk
MLS AreaAllston
Neighborhood(s)
Approximate Living Area Total4,384 SqFt
Approximate Lot Size (Acres)0.06 acres
Total Parking0
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsUnknown/Mixed
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsNo
Lot FeaturesLevel, Corner Lot
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor Space
ZoningR2
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront FeaturesNo
Energy Features
Terms
Disclosures for 10 Royal St, Boston MA 02134
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceEstimated, Owner
Total Gross Expenses By Broker$4,591
Total Gross Income By Broker$132,700
Total Net Income By Broker$128,109
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2.5
Facilitator Compensation2.5
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 10 Royal St, Boston MA 02134
Real Estate Taxes$15,083
Tax Year2024
Assessed Value$1,383,800
Financial Data SourceEstimated, Owner
Total Gross Expenses By Broker$4,591
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$132,700
BostonRealEstate.com Gross Income
Total Net Income By Broker$128,109
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)6.78%
Location Information for 10 Royal St, Boston MA 02134
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaAllston
Area AmenitiesNo
Contact Information for 10 Royal St, Boston MA 02134