Overview Property Details Payment Calculator Walkability

Expired

362-364 W 4th St, Boston MA 02127

$4,500,000

Estimated $9,341.81/month Calculator

Multi Family

Total Units: 5

Price Per Unit: $900,000

Total Rent: 234000/year

Estimated CAP Rate: 4.65%

17 Bedrooms

10 Full, 1 Half Baths

8,635 SqFt

Total Parking: 4

2,707 SqFt

362-364 W 4th Street offers the opportunity to acquire a fully leased, turnkey investment in an exceptional, urban-infill location. The property, which can be acquired at a 5.5% cap rate, consists of an extensively renovated three-story building containing five units with tw...

This home has been viewed 39 times

Last Checked: May 6th, 2024 at 11:25pm (Source: MLS PIN #73035696)

Gross Income: $234,000

Gross Expenses: $24,541

Net Income Calc: $209,459

CAP Rate: 4.65%

Beach Front

Annual Expenses for 362-364 W 4th St, Boston MA 02127

Total Gross Expenses (Calculated)$24,541/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$24,541

Annual Income & Unit Breakdown for 362-364 W 4th St, Boston MA 02127

Total Gross Income (Calculated)$234,000

Unit 1

Rental Income$4,600

LeaseY

Bedrooms3

Bathrooms3 Full

Floor1

Levels in Unit2

HeatingNo

Rent Includes

Unit 2

Rental Income$6,250

LeaseY

Bedrooms5

Bathrooms2 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$6,100

LeaseY

Bedrooms5

Bathrooms2 Full

Floor3

Levels in Unit1

HeatingNo

Rent Includes

Unit 4

Rental Income$2,550

LeaseY

Bedrooms1

Bathrooms1 Full

Floor4

Levels in Unit1

HeatingNo

Rent Includes

General Information for 362-364 W 4th St, Boston MA 02127

Listing ID73035696

Property TypeMulti Family / 5+ Family

Price$4,500,000 ($521.13/SqFt)

Style5-9 Family

CityBoston

CountySuffolk

MLS AreaSouth Boston

Neighborhood(s)

Approximate Living Area Total8,635 SqFt

Approximate Lot Size (Acres)0.06 acres

Total Parking4

Garage Parking

Year Built1899

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesCorner Lot

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningR4

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront FeaturesBay, Ocean, Beach Front, Beach Ownership(public), 1 To 2 Mile To Beach

Energy Features

Terms

Disclosures for 362-364 W 4th St, Boston MA 02127

Lead Paint

UFFI

Living Area Includes BasementYes

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$44,427

Total Gross Income By Broker$300,000

Total Net Income By Broker$246,573

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation1.75

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnGross/full Sale Price

Financial Information for 362-364 W 4th St, Boston MA 02127

Real Estate Taxes$24,541

Tax Year2022

Assessed Value$2,255,600

Financial Data Source

Total Gross Expenses By Broker$44,427

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$300,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$246,573

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)4.65%

Location Information for 362-364 W 4th St, Boston MA 02127

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaSouth Boston

Area AmenitiesOther

Contact Information for 362-364 W 4th St, Boston MA 02127

Agent

Name: John Pentore

MLS ID: CN212669

Office ID: AN2723

Address: 600 Market St. Suite 686

City: Lynnfield

State: MA

Zip: 01940

Office

Name: Horvath & Tremblay

MLS Office ID: AN2723

Phone: 781-776-4000

Team Members

Name: Dennis Kelleher

MLS ID: CN212671

Office ID: AN2723

Phone: 781-776-4002

City: Boston

State: MA

Payment Calculator

$29,772.65 per month

30 Years Fixed, 6.75% Interest

Property Taxes $2,045.08

Principal & Interest $27,727.57

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Horvath & Tremblay

John Pentore

Agent Phone

Office Phone

(781) 776-4000

Text Agent Call Agent Call Office

Array
(
    [acres] => Approx. 0.06 acres (2,707 SqFt)
    [add_date] => 2024-05-06 23:25:54
    [address] => W 4th St
    [agent] => Array
        (
            [address] => 600 Market St. Suite 686
            [city] => Lynnfield
            [id] => CN212669
            [name] => John Pentore
            [national_association] => 
            [office] => AN2723
            [state] => MA
            [zip] => 01940
        )

[apod_available] => Array
        (
            [0] => No
        )

[appliances] => Array
        (
        )

[approx_living_area_total] => 8,635 SqFt
    [approx_lot_size_acres] => 0.06 acres
    [approx_lot_size_sqft] => 2,707 SqFt
    [assessed_value] => $2,255,600
    [association] => No
    [association_fee] => Array
        (
            [0] => $0
        )

[association_fee_frequency] => Array
        (
        )

[association_fee_includes] => Array
        (
        )

[association_required] => Array
        (
        )

[available_date] => 
    [available_now] => Yes
    [basement] => Array
        (
        )

[bathrooms] => 10 Full, 1 Half
    [bedrooms] => 17
    [building_amenities] => Array
        (
        )

[building_area_source] => Array
        (
            [0] => Public Records
        )

[building_management] => Array
        (
        )

[building_debug] => 362-364 W 4th St Boston
    [building_id] => 
    [building_name] => 
    [building_name_from_address] => 
    [building_url] => 
    [buyer_agent_compensation] => 1.75
    [buyer_agent_id] => 
    [buyer_office_id] => 
    [c_style] => Array
        (
            [0] => 5+ Family
        )

[c_type] => Multi Family
    [cap_rate] => 4.65%
    [city] => Boston
    [community_features] => Array
        (
            [0] => Other
        )

[compensation_based_on] => Array
        (
            [0] => Gross/full Sale Price
        )

[complex_complete] => Array
        (
        )

[construction_materials] => Array
        (
        )

[construction_status] => 
    [cooling] => No
    [cooperating_agent_commission] => Array
        (
        )

[county] => Suffolk
    [cultivation_acres] => None
    [date_available_note] => 
    [deposit_amount] => Array
        (
            [0] => $0
        )

[deposit_required] => Array
        (
        )

[deqe] => 
    [description] => 362-364 W 4th Street offers the opportunity to acquire a fully leased, turnkey investment in an exceptional, urban-infill location. The property, which can be acquired at a 5.5% cap rate, consists of an extensively renovated three-story building containing five units with two (2) 5 Bedroom/2-Bathroom units, two (2) duplex 3-Bedroom Units (one with 3 bathrooms and one with 2.5 bathrooms) and one (1) 1-Bedroom/1-Bathroom unit with 8,635 square feet of living area in 9,798 gross square feet on a 0.06-acre parcel. With $300,000 in Gross Income, The Property is fully leased (with all units rented until 8/31/23) and features condo quality finishes including new kitchens with modern amenities (stainless steel appliances, dishwashers, granite or quartz countertops), in-unit laundry, new, Navien heating systems(all units), central air conditioning systems in units 1 and 5 (Duplex Units) as well as Navien, tankless hot water systems. 4 garage parking spaces included in adjacent building.
    [disclosures] => 
    [documents_available] => Array
        (
        )

[electric] => Array
        (
        )

[electric_expense] => Array
        (
            [0] => $0
        )

[elementary_school] => 
    [en_suite_bath] => Array
        (
            [0] => Yes
        )

[energy_features] => Array
        (
        )

[entry_level] => Array
        (
        )

[estimated_monthly_payment] => 
    [exclusions] => Array
        (
        )

[exterior_features] => Array
        (
        )

[facilitator_compensation] => 
    [fee_paid_by_tennant] => Contact Agent
    [financial_data_source] => Array
        (
        )

[fireplaces] => Array
        (
            [0] => 0
        )

[first_month_required] => Array
        (
        )

[floor_number] => 0
    [flooring] => Array
        (
        )

[for_sale_by_owner] => No
    [foundation_area] => 
    [foundation_materials] => Array
        (
            [0] => Concrete Perimeter
        )

[frontage_length] => 
    [full_baths] => 10
    [garage_parking] => 
    [gas] => Array
        (
        )

[gas_expense] => Array
        (
            [0] => $0
        )

[gross_income] => Array
        (
            [0] => $300,000
        )

[half_baths] => 1
    [handicap_access] => No
    [heating] => No
    [heating_expense] => Array
        (
            [0] => $0
        )

[high_school] => 
    [horse_features] => Array
        (
            [0] => Bay
            [1] => Ocean
            [2] => Beach Front
            [3] => Beach Ownership(public)
            [4] => 1 To 2 Mile To Beach
        )

[horse_permitted] => No
    [hot_water] => Array
        (
        )

[id] => 326474
    [insurance_expense] => Array
        (
            [0] => $0
        )

[insurance_required] => Array
        (
        )

[interior_features] => Array
        (
        )

[last_month_required] => Array
        (
        )

[last_sync_date] => 2024-05-06 23:25:54
    [laundry_features] => Array
        (
        )

[lead_paint] => Array
        (
        )

[lease_term] => 
    [levels_in_unit] => 1
    [living_area] => 8,635 Sq. Ft.
    [living_area_disclosure] => Array
        (
        )

[living_area_includes_basement] => Array
        (
            [0] => Yes
        )

[lot_features] => Array
        (
            [0] => Corner Lot
        )

[management_expense] => Array
        (
            [0] => $0
        )

[middle_school] => 
    [miscellaneuos_expense] => Array
        (
            [0] => $0
        )

[mls_area] => South Boston
    [mls_id] => 73035696
    [neighborhoods] => Array
        (
        )

[net_income_calc] => 209459
    [net_operating_income] => Array
        (
            [0] => $246,573
        )

[number_of_lots] => Array
        (
        )

[number_of_units] => 5
    [office] => Array
        (
            [id] => AN2723
            [name] => Horvath & Tremblay
            [phone] => 781-776-4000
        )

[operating_expense] => Array
        (
            [0] => $44,427
        )

[optional_fee_includes] => Array
        (
        )

[optional_price] => 0
    [outdoor_space_available] => Array
        (
        )

[owner_occupancy_source] => 
    [parking_features] => Array
        (
        )

[pasture_area] => None
    [patio_and_porch] => Array
        (
        )

[perc_test] => Array
        (
        )

[perc_test_date] => Unknown
    [pet_policy] => Array
        (
        )

[phone] => 781-776-4004
    [pool_features] => Array
        (
        )

[price] => $4,500,000
    [price_per_sqft] => 521.13
    [price_per_unit] => 900000
    [private_pool] => No
    [property_sub_type] => Array
        (
            [0] => 5-9 Family
        )

[real_estate_tax] => $24,541
    [references_required] => Array
        (
        )

[rent_includes] => Array
        (
        )

[repair_maintenance_expense] => Array
        (
            [0] => $0
        )

[road_frontage_type] => Array
        (
        )

[roof_material] => Array
        (
        )

[rooms] => 28
    [senior_community] => No
    [sewer] => Array
        (
        )

[sewer_expense] => Array
        (
            [0] => $0
        )

[short_sale] => 
    [special_listing_conditions] => Array
        (
        )

[state] => Massachusetts
    [state_code] => MA
    [status] => Array
        (
            [0] => Expired
        )

[street_number] => 362-364
    [structure_type] => Array
        (
        )

[style] => Array
        (
        )

[subagent_compensation] => 
    [tag_accessible_features] => 
    [tag_air_conditioning] => 
    [tag_association_pool] => 
    [tag_beach_access] => 
    [tag_beach_front] => 1
    [tag_elevator] => 
    [tag_equestrian] => 
    [tag_garage_parking] => 
    [tag_generator] => 
    [tag_green_features] => 
    [tag_laundry] => 
    [tag_lead_paint_free] => 
    [tag_loft] => 
    [tag_pet_friendly] => 
    [tag_pre_construction] => 
    [tag_private_outdoor_space] => 
    [tag_private_pool] => 
    [tag_professional_management] => 
    [tag_recently_renovated] => 
    [tag_senior_community] => 
    [tag_townhouse] => 
    [tag_waterfront] => 
    [tag_waterview] => 
    [tax_year] => 2022
    [team] => Array
        (
            [0] => Array
                (
                    [id] => CN212671
                    [name] => Dennis Kelleher
                    [phone] => 781-776-4002
                    [address] => 600 Market St. Suite 686
                    [city] => Boston
                    [state] => MA
                    [zip] => 01940
                    [office] => AN2723
                    [national_association] => 
                )

)

[terms] => Array
        (
        )

[timber_acres] => None
    [title_5] => 
    [total_gross_expense] => 24541
    [total_gross_income] => 234000
    [total_parking] => 4
    [trash_expense] => Array
        (
            [0] => $0
        )

[uffi] => Array
        (
        )

[unit_1_bathrooms] => 3 Full
    [unit_1_bedrooms] => 3
    [unit_1_floor] => 1
    [unit_1_lease] => Array
        (
            [0] => Y
        )

[unit_1_levels] => 2
    [unit_1_rent] => Array
        (
            [0] => 4600
        )

[unit_2_bathrooms] => 2 Full
    [unit_2_bedrooms] => 5
    [unit_2_floor] => 2
    [unit_2_lease] => Array
        (
            [0] => Y
        )

[unit_2_levels] => 1
    [unit_2_rent] => Array
        (
            [0] => 6250
        )

[unit_3_bathrooms] => 2 Full
    [unit_3_bedrooms] => 5
    [unit_3_floor] => 3
    [unit_3_lease] => Array
        (
            [0] => Y
        )

[unit_3_levels] => 1
    [unit_3_rent] => Array
        (
            [0] => 6100
        )

[unit_4_bathrooms] => 1 Full
    [unit_4_bedrooms] => 1
    [unit_4_floor] => 4
    [unit_4_lease] => Array
        (
            [0] => Y
        )

[unit_4_levels] => 1
    [unit_4_rent] => Array
        (
            [0] => 2550
        )

[unit_level] => 
    [unit_number] => 
    [units_owner_occupied] => 
    [unparsed] => Array
        (
            [0] => 362-364 W 4th St, Boston MA 02127
        )

[utilities] => Array
        (
        )

[view] => Array
        (
        )

[water] => Array
        (
        )

[water_expense] => Array
        (
            [0] => $0
        )

[water_views] => Array
        (
        )

[water_views_features] => Array
        (
        )

[waterfront] => No
    [waterfront_features] => Array
        (
            [0] => Bay
            [1] => Ocean
            [2] => Beach Front
            [3] => Beach Ownership(public)
            [4] => 1 To 2 Mile To Beach
        )

[year_built] => 1899
    [year_built_details] => Approximate
    [year_built_source] => Public Records
    [year_renovated] => 
    [zip] => 02127
    [zoning] => R4
    [zoning_details] => 
    [media] => Array
        (
            [0] => Array
                (
                    [id] => 6698327
                    [name] => MLS1.jpg
                    [type] => gallery
                    [category] => image
                    [url] => https://www.bostonrealestate.com/wp-content/uploads/WPL/326474/MLS1.jpg
                    [index] => 1
                    [enabled] => 1
                    [created] => 2024-05-06 23:25:57
                    [modified] => 2024-05-06 23:25:57
                )

[1] => Array
                (
                    [id] => 6699009
                    [name] => MLS2.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73035696&w=1024&h=768&n=2
                    [index] => 2
                    [enabled] => 1
                    [created] => 2024-05-06 23:26:02
                    [modified] => 2024-05-06 23:26:02
                )

[2] => Array
                (
                    [id] => 6699010
                    [name] => MLS3.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73035696&w=1024&h=768&n=3
                    [index] => 3
                    [enabled] => 1
                    [created] => 2024-05-06 23:26:02
                    [modified] => 2024-05-06 23:26:02
                )

[3] => Array
                (
                    [id] => 6699011
                    [name] => MLS4.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73035696&w=1024&h=768&n=4
                    [index] => 4
                    [enabled] => 1
                    [created] => 2024-05-06 23:26:02
                    [modified] => 2024-05-06 23:26:02
                )

[4] => Array
                (
                    [id] => 6699012
                    [name] => MLS5.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73035696&w=1024&h=768&n=5
                    [index] => 5
                    [enabled] => 1
                    [created] => 2024-05-06 23:26:02
                    [modified] => 2024-05-06 23:26:02
                )

[5] => Array
                (
                    [id] => 6699013
                    [name] => MLS6.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73035696&w=1024&h=768&n=6
                    [index] => 6
                    [enabled] => 1
                    [created] => 2024-05-06 23:26:02
                    [modified] => 2024-05-06 23:26:02
                )

[6] => Array
                (
                    [id] => 6699014
                    [name] => MLS7.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73035696&w=1024&h=768&n=7
                    [index] => 7
                    [enabled] => 1
                    [created] => 2024-05-06 23:26:02
                    [modified] => 2024-05-06 23:26:02
                )

[7] => Array
                (
                    [id] => 6699015
                    [name] => MLS8.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73035696&w=1024&h=768&n=8
                    [index] => 8
                    [enabled] => 1
                    [created] => 2024-05-06 23:26:02
                    [modified] => 2024-05-06 23:26:02
                )

[8] => Array
                (
                    [id] => 6699016
                    [name] => MLS9.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73035696&w=1024&h=768&n=9
                    [index] => 9
                    [enabled] => 1
                    [created] => 2024-05-06 23:26:02
                    [modified] => 2024-05-06 23:26:02
                )

[9] => Array
                (
                    [id] => 6699017
                    [name] => MLS10.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73035696&w=1024&h=768&n=10
                    [index] => 10
                    [enabled] => 1
                    [created] => 2024-05-06 23:26:02
                    [modified] => 2024-05-06 23:26:02
                )

[10] => Array
                (
                    [id] => 6699018
                    [name] => MLS11.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73035696&w=1024&h=768&n=11
                    [index] => 11
                    [enabled] => 1
                    [created] => 2024-05-06 23:26:02
                    [modified] => 2024-05-06 23:26:02
                )

[11] => Array
                (
                    [id] => 6699019
                    [name] => MLS12.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73035696&w=1024&h=768&n=12
                    [index] => 12
                    [enabled] => 1
                    [created] => 2024-05-06 23:26:02
                    [modified] => 2024-05-06 23:26:02
                )

[12] => Array
                (
                    [id] => 6699020
                    [name] => MLS13.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73035696&w=1024&h=768&n=13
                    [index] => 13
                    [enabled] => 1
                    [created] => 2024-05-06 23:26:02
                    [modified] => 2024-05-06 23:26:02
                )

[13] => Array
                (
                    [id] => 6699021
                    [name] => MLS14.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73035696&w=1024&h=768&n=14
                    [index] => 14
                    [enabled] => 1
                    [created] => 2024-05-06 23:26:02
                    [modified] => 2024-05-06 23:26:02
                )

[14] => Array
                (
                    [id] => 6699022
                    [name] => MLS15.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73035696&w=1024&h=768&n=15
                    [index] => 15
                    [enabled] => 1
                    [created] => 2024-05-06 23:26:02
                    [modified] => 2024-05-06 23:26:02
                )

[15] => Array
                (
                    [id] => 6699023
                    [name] => MLS16.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73035696&w=1024&h=768&n=16
                    [index] => 16
                    [enabled] => 1
                    [created] => 2024-05-06 23:26:02
                    [modified] => 2024-05-06 23:26:02
                )

[16] => Array
                (
                    [id] => 6699024
                    [name] => MLS17.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73035696&w=1024&h=768&n=17
                    [index] => 17
                    [enabled] => 1
                    [created] => 2024-05-06 23:26:02
                    [modified] => 2024-05-06 23:26:02
                )

[17] => Array
                (
                    [id] => 6699025
                    [name] => MLS18.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73035696&w=1024&h=768&n=18
                    [index] => 18
                    [enabled] => 1
                    [created] => 2024-05-06 23:26:02
                    [modified] => 2024-05-06 23:26:02
                )

)

)

EXIT

Expired

362-364 W 4th St, Boston MA 02127

$4,500,000

Annual Expenses for 362-364 W 4th St, Boston MA 02127

Annual Income & Unit Breakdown for 362-364 W 4th St, Boston MA 02127

General Information for 362-364 W 4th St, Boston MA 02127

Disclosures for 362-364 W 4th St, Boston MA 02127

Financial Information for 362-364 W 4th St, Boston MA 02127

Location Information for 362-364 W 4th St, Boston MA 02127

Contact Information for 362-364 W 4th St, Boston MA 02127

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Horvath & Tremblay

John Pentore