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Canceled

45 First Avenue, Boston MA 02129

$2,700,000

Estimated $6,972/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $675,000

Total Rent: 142800/year

Estimated CAP Rate:

8 Bedrooms

Baths

3400

Total Parking: 4

15,362 (0.35)

The Starboard Portfolio - Rare Opportunity to Purchase a Fully Leased Luxury Condominium Portfolio in the Charlestown Navy Yard. The Starboard was built in 2015 in one of Boston's most desirable neighborhoods. The Portfolio consists of four (4) fully occupied condominium units within a 54 Unit building, with rental upside on turnover. Stable asset, surrounded by Meds & Eds, ideal investment. Owner open to selling all or part of portfolio which consists of three, 1-Bedroom plus Den units, currently being rented as 2-Bedrooms, and a large 1-Bedroom unit. All run approximately 850SF, boasting 9.0' - 9.5’ ceilings, open floor plans, kitchens with white quartz , Bosch appliances, gas cooktop, electric oven, in-unit Bosch washer/dryer, large plank walnut floors, 7’ windows, 8’ walnut unit entry doors, central a/c, gas heat, elevator building, concierge, secure bike room, professionally managed and pet friendly. Parking either on street with resident permit or garage rental for $240/mo.

This home has been viewed 60 times

Last Checked: May 6th, 2024 at 11:50pm (Source: MLS PIN #73050371)

Gross Income: $142,800

Gross Expenses: $31,127

Net Income Calc: $111,673

Annual Expenses for 45 First Avenue, Boston MA 02129

Total Gross Expenses (Calculated)$31,127/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax31127

Annual Income & Unit Breakdown for 45 First Avenue, Boston MA 02129

Total Gross Income (Calculated)$142,800

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor3

Levels in Unit1

Rent Includes

Unit 4

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

Rent Includes

General Information for 45 First Avenue, Boston MA 02129

Listing ID73050371

Property TypeMulti Family / 4 Family

Price2700000 ($794.12/SqFt)

Style4 Family

CityBoston

CountySuffolk

MLS AreaCharlestown's Navy Yard

Neighborhood(s)

Approximate Living Area Total3400

Approximate Lot Size (Acres)0.35

Total Parking4

Garage Parking0

Year Built2015

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

Basement

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningRes

Water Views

Water Views Features

Waterfront Features

Terms

Disclosures for 45 First Avenue, Boston MA 02129

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsAll Personal Property.

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 Compensation2

Facilitator Compensation2

Compensation Based OnGross/full Sale Price

Financial Information for 45 First Avenue, Boston MA 02129

Real Estate Taxes31127

Tax Year2022

Assessed Value$2,287,700

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 45 First Avenue, Boston MA 02129

Neighborhood(s)

MLS AreaCharlestown's Navy Yard

Area AmenitiesWalk/jog Trails

Contact Information for 45 First Avenue, Boston MA 02129

Agent

Name: Boston City Group, Inc.

Office

Name: Coldwell Banker Realty - Boston

Phone: 617-266-4430

Payment Calculator

, Interest

Property Taxes 2593.92

Principal & Interest 16636.54

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Boston

Boston City Group, Inc.

Agent Phone

Office Phone

(617) 266-4430

Text Agent Call Agent Call Office

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EXIT

15 More Photos

Canceled

45 First Avenue, Boston MA 02129

$2,700,000

Annual Expenses for 45 First Avenue, Boston MA 02129

Annual Income & Unit Breakdown for 45 First Avenue, Boston MA 02129

General Information for 45 First Avenue, Boston MA 02129

Disclosures for 45 First Avenue, Boston MA 02129

Financial Information for 45 First Avenue, Boston MA 02129

Location Information for 45 First Avenue, Boston MA 02129

Contact Information for 45 First Avenue, Boston MA 02129

Agent

Office

Payment Calculator

Exclusive Listing Agent

Coldwell Banker Realty - Boston

Boston City Group, Inc.