Large turn-key 3 family fully rented investment building in Dorchester's bustling Field's Corner neighborhood 2 minutes away from the Red Line T available now! The building features (3) 3 bed 2 bathroom units primary suites & is a steady cash cow investment. This building was completely renovated under 5 years ago & features new plumbing/HVAC, central air, updated electrical, spa designer bathrooms, brand new kitchens with open lay-outs, in-unit laundry, stainless steel appliances, new hardwood floors, high ceilings, recessed lighting, wide hallways, & much more. Units are separately metered for gas & electricity. The building is located blocks away from the Fields Corner Red Line T-Stop, Target, parks, shops/restaurants, close to nearby highway I-93, UMASS Boston, Seaport, & Downtown Boston. Value add opportunity to add an additional 4th unit in the basement. Great investment with value add opportunities. Buy this building and start collecting rents instantly.
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Last Checked: May 7th, 2024 at 12:31am (Source: MLS PIN #73068583)
Gross Income: $108,000
Gross Expenses: $9,864
Net Income Calc: $98,136
Annual Expenses for 6A 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 6A 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 6A Josephine St, Boston MA 02122
Listing ID73068583
Property TypeMulti Family / 3 Family
Price1399000 ($388.61/SqFt)
Style3 Family
CityBoston
CountySuffolk
MLS AreaDorchester's Fields Corner
Neighborhood(s)
Approximate Living Area Total3600
Approximate Lot Size (Acres)0.11
Total Parking0
Garage Parking0
Year Built1905
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 6A 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 6A 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 6A Josephine St, Boston MA 02122
Neighborhood(s)
MLS AreaDorchester's Fields Corner
Area AmenitiesWalk/jog Trails
Contact Information for 6A Josephine St, Boston MA 02122