Rare opportunity to purchase a 3 family row house that has been condo converted. Perfect for a 1031 Exchange, extended families, and investors. The building was gutted to studs and renovated in 1988. New roof, ,new hot water boilers & electric heaters, new decks, updated bathrooms. Unit has Hardwood floors through out, recess lighting & skylights, Fantastic location easy walk to Redline, Silver line, restaurants, and coffee shops. South Boston has been going through revitalization w/ renovation and financial growth with major technology industry expanding in the area. Easy access to highways, downtown Boston, Seaport, Castle island and beach.
This home has been viewed 62 times
Last Checked: June 13th, 2024 at 4:18am (Source: MLS PIN #73229520)
Gross Income: $87,600
Gross Expenses: $15,488
Net Income Calc: $72,112
Water Views
Annual Expenses for 163 West 2nd St, Boston MA 02127
Total Gross Expenses (Calculated)$15,488/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax7708
Annual Income & Unit Breakdown for 163 West 2nd St, Boston MA 02127
Total Gross Income (Calculated)$87,600
Unit 1
Rental Income$0
LeaseY
Bedrooms0
Bathrooms1 Full
Floor0
Levels in Unit0
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit2
Rent IncludesHeat
General Information for 163 West 2nd St, Boston MA 02127
Listing ID73229520
Property TypeMulti Family / 3 Family
Price1375000 ($822.86/SqFt)
Style3 Family
CityBoston
CountySuffolk
MLS AreaSouth Boston
Neighborhood(s)
Approximate Living Area Total1671
Approximate Lot Size (Acres)0.04
Total Parking0
Garage Parking0
Year Built1910
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningRES
Water ViewsNo
Water Views Features
Waterfront FeaturesRiver
Terms
Disclosures for 163 West 2nd St, Boston MA 02127
Lead Paint
UFFI
Living Area Includes BasementYes
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsDr And Kitchen Chandeliers
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation1.75
Facilitator Compensation0
Compensation Based OnGross/full Sale Price
Financial Information for 163 West 2nd St, Boston MA 02127
Real Estate Taxes7708
Tax Year2023
Assessed Value$712,500
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 163 West 2nd St, Boston MA 02127
Neighborhood(s)
MLS AreaSouth Boston
Area AmenitiesWalk/jog Trails
Contact Information for 163 West 2nd St, Boston MA 02127