$12,725 AVERAGE MONTHLY over 5 years! Outstanding investment for landlords, investors,1031 exchanges, and more. What was once a shell of a seared structure, emerges as a brand new, turn-key four-family fully leased until 2027. The building has been completely gutted to the bones and rebuilt from the inside out. From a repointed brick shell to new water and sewer mains, nothing remains of its old self. Being brand new is not even its best quality, the entire building is fully leased for five years with above-market rents with annual increases. Operating expenses should be minimal, the tenant is responsible for all maintenance, utilities, and groundskeeping, while the landlord's responsibilities include water and taxes only. This is a perfect portfolio piece for anybody looking for a low-maintenance, turn-key investment. 123 Intervale is conveniently located just minutes to Four Corners/Geneva Commuter Line (Purple Line), Savin Hill (Red Line), I-93, and Columbia Road.
This home has been viewed 59 times
Last Checked: May 7th, 2024 at 12:21am (Source: MLS PIN #73019949)
Gross Income: $144,000
Gross Expenses: $1,892
Net Income Calc: $142,108
Water Views
Annual Expenses for 123 Intervale Street, Boston MA 02121
Total Gross Expenses (Calculated)$1,892/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax1892.03
Annual Income & Unit Breakdown for 123 Intervale Street, Boston MA 02121
Total Gross Income (Calculated)$144,000
Unit 1
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor0
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseY
Bedrooms2
Bathrooms2 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseY
Bedrooms3
Bathrooms2 Full
Floor2
Levels in Unit1
Rent IncludesHeat
Unit 4
Rental Income$0
LeaseY
Bedrooms3
Bathrooms2 Full
Floor3
Levels in Unit1
Rent IncludesHeat
General Information for 123 Intervale Street, Boston MA 02121
Listing ID73019949
Property TypeMulti Family / 4 Family
Price1750000 ($400/SqFt)
Style4 Family
CityBoston
CountySuffolk
MLS AreaDorchester's Grove Hall
Neighborhood(s)
Approximate Living Area Total4375
Approximate Lot Size (Acres)0.06
Total Parking0
Garage Parking0
Year Built1890
Year Built SourcePublic Records
Year Built DetailsRenovated 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 ViewsNo
Water Views Features
Waterfront Features
Terms
Disclosures for 123 Intervale Street, Boston MA 02121
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceOther
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 Compensation1
Compensation Based OnNet Sale Price
Financial Information for 123 Intervale Street, Boston MA 02121
Real Estate Taxes1892.03
Tax Year2022
Assessed Value$173,900
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 123 Intervale Street, Boston MA 02121
Neighborhood(s)
MLS AreaDorchester's Grove Hall
Area AmenitiesWalk/jog Trails
Contact Information for 123 Intervale Street, Boston MA 02121