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Expired

161 Newbury St, Boston MA 02116

$10,500,000

Estimated $25,231/month Calculator

Multi Family

Total Units: 5

Price Per Unit: $2,100,000

Total Rent: 122400/year

Estimated CAP Rate:

5 Bedrooms

Baths

6912

Total Parking: 6

2,646 (0.06)

Tremendous opportunity for investors or OWNER/USER to acquire property in one of Boston’s most sought-after locations. 161 Newbury Street is a 6,912 ± SF mixed-use brownstone building containing three (3) floor-through retail suites and two (2) floor-through apartment units. The building has been well-maintained and owned by the same family for over 40 years. There is off-street (tandem) parking for 6 vehicles.

This home has been viewed 64 times

Last Checked: May 6th, 2024 at 11:30pm (Source: MLS PIN #72974692)

Gross Income: $122,400

Gross Expenses: $98,464

Net Income Calc: $23,936

Annual Expenses for 161 Newbury St, Boston MA 02116

Total Gross Expenses (Calculated)$98,464/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax98464

Annual Income & Unit Breakdown for 161 Newbury St, Boston MA 02116

Total Gross Income (Calculated)$122,400

Unit 1

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor4

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor5

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

Lease

Bathrooms

Rent Includes

Unit 4

Rental Income$0

Lease

Bathrooms

Rent Includes

General Information for 161 Newbury St, Boston MA 02116

Listing ID72974692

Property TypeMulti Family / 5+ Family

Price10500000 ($1519.1/SqFt)

Style5-9 Family

CityBoston

CountySuffolk

MLS AreaBack Bay

Neighborhood(s)

Approximate Living Area Total6912

Approximate Lot Size (Acres)0.06

Total Parking6

Garage Parking0

Year Built1899

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

Zoning0031

Water Views

Water Views Features

Waterfront Features

Terms

Disclosures for 161 Newbury St, Boston MA 02116

Lead Paint

UFFI

Living Area Includes BasementYes

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsTenants Personal Belongings.

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

Facilitator Compensation0

Compensation Based OnGross/full Sale Price

Financial Information for 161 Newbury St, Boston MA 02116

Real Estate Taxes98464

Tax Year2022

Assessed Value$4,619,700

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 161 Newbury St, Boston MA 02116

Neighborhood(s)

MLS AreaBack Bay

Area Amenities

Contact Information for 161 Newbury St, Boston MA 02116

Agent

Name: Carl Christie

Office

Name: Carl Christie

Phone: 617-942-1137

Payment Calculator

, Interest

Property Taxes 8205.33

Principal & Interest 64697.66

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Carl Christie

Agent Phone

Office Phone

(617) 942-1137

Text Agent Call Agent Call Office

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    [unparsed] => 161 Newbury St, Boston MA 02116
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EXIT

31 More Photos

Expired

161 Newbury St, Boston MA 02116

$10,500,000

Annual Expenses for 161 Newbury St, Boston MA 02116

Annual Income & Unit Breakdown for 161 Newbury St, Boston MA 02116

General Information for 161 Newbury St, Boston MA 02116

Disclosures for 161 Newbury St, Boston MA 02116

Financial Information for 161 Newbury St, Boston MA 02116

Location Information for 161 Newbury St, Boston MA 02116

Contact Information for 161 Newbury St, Boston MA 02116

Agent

Office

Payment Calculator

Exclusive Listing Agent

Carl Christie

Carl Christie