West Roxbury three-family, renovated in 2016 and boasting nearly 4,000 sq/ft of living space. Featuring (3) 4 bedroom/2 bath flats, this property is an amazing investment at a reasonable price. Each residence features hardwood floors, a spacious kitchen with stainless steel appliances, granite countertops and gas cooking, central HVAC with air conditioning in each unit, crown moldings and the list goes on and on. The property produces nearly $100K in annual income with room to grow rents in the future. Call for a private showing today! Financials available.
This home has been viewed 36 times
Last Checked: May 7th, 2024 at 12:56am (Source: MLS PIN #73070552)
Gross Income: $99,672
Gross Expenses: $19,292
Net Income Calc: $80,380
CAP Rate: 6.21%
Annual Expenses for 4803 Washington Street, Boston MA 02132
Total Gross Expenses (Calculated)$19,292/year
APOD AvailableYes
Heating
Electricity$500
Water$1,800
Gas$1,800
Insurance$1,650
Sewer$1,800
Trash Removal
Repair & Maintenance$2,795
Management
Miscellaneous$1,000
Real Estate Tax$11,547.14
Annual Income & Unit Breakdown for 4803 Washington Street, Boston MA 02132
Total Gross Income (Calculated)$99,672
Unit 1
Rental Income$2,595
LeaseY
Bedrooms4
Bathrooms2 Full
Floor1
Levels in Unit1
HeatingYes
Rent Includes
Unit 2
Rental Income$2,675
LeaseY
Bedrooms4
Bathrooms2 Full
Floor2
Levels in Unit1
HeatingYes
Rent Includes
Unit 3
Rental Income$3,036
LeaseY
Bedrooms4
Bathrooms2 Full
Floor3
Levels in Unit1
HeatingYes
Rent Includes
General Information for 4803 Washington Street, Boston MA 02132
Listing ID73070552
Property TypeMulti Family / 3 Family
Price$1,295,000 ($331.03/SqFt)
Style3 Family
CityBoston
CountySuffolk
MLS AreaWest Roxbury
Neighborhood(s)
Approximate Living Area Total3,912 SqFt
Approximate Lot Size (Acres)0.08 acres
Total Parking2
Garage Parking
Year Built1920
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesCorner Lot
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor Space
Zoning2F-6000
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 4803 Washington Street, Boston MA 02132
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourcePro. Forma Available
Total Gross Expenses By Broker$19,487
Total Gross Income By Broker$99,672
Total Net Income By Broker$80,185
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2.0
Facilitator Compensation2.0
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 4803 Washington Street, Boston MA 02132
Real Estate Taxes$11,547.14
Tax Year2022
Assessed Value$1,051,800
Financial Data SourcePro. Forma Available
Total Gross Expenses By Broker$19,487
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$99,672
BostonRealEstate.com Gross Income
Total Net Income By Broker$80,185
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)6.21%
Location Information for 4803 Washington Street, Boston MA 02132
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaWest Roxbury
Area AmenitiesWalk/jog Trails, Conservation Area, Public School, Golf, Bike Path, Public Transportation, Private School
Contact Information for 4803 Washington Street, Boston MA 02132