NEWLY RENOVATED MASSIVE TURN-KEY DORCHESTER 9 BED/6 BATH TRIPLE DECKER w/ the potential to add a 4th unit! Located 1 block from Fields Corner Red Line T Station! Currently Grossing about $9K monthly. All 3 units were renovated completely 2 years ago & are condo quality condition. The building features new electrical, new plumbing, young roof, stainless steel appliances, central air, tankless water heaters, hardwood floors, recessed lights, in unit laundry, spa bathrooms, & new kitchens with open layouts! 3 large bedrooms and 2 bathrooms including a primary suite in each unit. Fields Corner Red Line T- Station is only 2 min away, 2 blocks to Target, close to parks, shops/restaurants nearby, I93, UMASS Boston, & Downtown Boston are easily accessible. Parking for 2 cars can be achieved with an approved curb cut. Basement is spacious and aligned for an easy addition of a 4th unit! Great investment with value add opportunities. Great cash cow & portfolio addition!
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Last Checked: May 7th, 2024 at 12:01am (Source: MLS PIN #73001743)
Gross Income: $108,000
Gross Expenses: $9,864
Net Income Calc: $98,136
Annual Expenses for 6 Josephine St, Boston MA 02122
Total Gross Expenses (Calculated)$9,864/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax9864
Annual Income & Unit Breakdown for 6 Josephine St, Boston MA 02122
Total Gross Income (Calculated)$108,000
Unit 1
Rental Income$0
LeaseY
Bedrooms3
Bathrooms2 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms3
Bathrooms2 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseY
Bedrooms3
Bathrooms2 Full
Floor3
Levels in Unit1
Rent Includes
General Information for 6 Josephine St, Boston MA 02122
Listing ID73001743
Property TypeMulti Family / 3 Family
Price1349999 ($375/SqFt)
Style3 Family
CityBoston
CountySuffolk
MLS AreaDorchester's Fields Corner
Neighborhood(s)
Approximate Living Area Total3600
Approximate Lot Size (Acres)0.06
Total Parking2
Garage Parking0
Year Built2018
Year Built SourcePublic Records
Year Built DetailsActual,Renovated Since
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningR3
Water Views
Water Views Features
Waterfront FeaturesRiver
Terms
Disclosures for 6 Josephine St, Boston MA 02122
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsAll Personal Property.
Financial Data SourceEstimated
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 OnNet Sale Price
Financial Information for 6 Josephine St, Boston MA 02122
Real Estate Taxes9864
Tax Year2022
Assessed Value$906,600
Financial Data SourceEstimated
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 6 Josephine St, Boston MA 02122
Neighborhood(s)
MLS AreaDorchester's Fields Corner
Area AmenitiesWalk/jog Trails
Contact Information for 6 Josephine St, Boston MA 02122