Incredible potential for the savvy investor or owner occupant looking to take advantage of the city's ADU program. This beautiful home is currently a single family that was built in 2008. Located in Readville, just steps from the commuter line and a short drive to Legacy Place and both major highways. The home has over 2750 square feet of current finished space with 4 beds and 2.5 baths. Large fenced in back yard, 3 zones of HVAC for heating and air conditioning. Free standing house with high ceilings, large lot and three parking spaces. Seller has architectural drawings to split home up into two separate units with four bedrooms and two bathrooms in each apartment. Excellent full height basement can potentially be utilized to gain a total square footage of around 3,500 square feet. Potential gross monthly rent for the property of $7,300. Seller has not completed any legal or zoning work, all due diligence and zoning work is responsibility of buyer.
This home has been viewed 40 times
Last Checked: May 7th, 2024 at 12:41am (Source: MLS PIN #73065108)
Gross Income: $87,600
Gross Expenses: $8,755
Net Income Calc: $78,845
CAP Rate: 9.12%
Annual Expenses for 26 Prescott St, Boston MA 02136
Total Gross Expenses (Calculated)$8,755/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$8,755
Annual Income & Unit Breakdown for 26 Prescott St, Boston MA 02136
Total Gross Income (Calculated)$87,600
Unit 1
Rental Income$3,650
LeaseN
Bedrooms4
Bathrooms2 Full
Floor2
Levels in Unit2
HeatingNo
Rent Includes
Unit 2
Rental Income$3,650
LeaseN
Bedrooms4
Bathrooms2 Full
Floor1
Levels in Unit2
HeatingNo
Rent Includes
General Information for 26 Prescott St, Boston MA 02136
Listing ID73065108
Property TypeMulti Family
Price$865,000 ($247.14/SqFt)
StyleMulti Family
CityBoston
CountySuffolk
MLS AreaHyde Park's Readville
Neighborhood(s)
Approximate Living Area Total3,500 SqFt
Approximate Lot Size (Acres)0.11 acres
Total Parking3
Garage Parking
Year Built2008
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot Features
Foundation Area
Foundation DescriptionConcrete Perimeter
Accessible Features
Outdoor Space
ZoningR1
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 26 Prescott St, Boston MA 02136
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area DisclosureSquare footage includes potential expansion into b
Building Area SourceOther
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$87,600
Total Net Income By Broker$87,600
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnGross/full Sale Price
Financial Information for 26 Prescott St, Boston MA 02136
Real Estate Taxes$8,755
Tax Year2022
Assessed Value$804,700
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$87,600
BostonRealEstate.com Gross Income
Total Net Income By Broker$87,600
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)9.12%
Location Information for 26 Prescott St, Boston MA 02136
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaHyde Park's Readville
Area AmenitiesWalk/jog Trails, Highway Access, Public School, Shopping, Golf, Park, Public Transportation, T-station
Contact Information for 26 Prescott St, Boston MA 02136