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Expired

255 Paris Street, Boston MA 02128

$1,850,000

Estimated $3,970.02/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $616,666.67

Total Rent: 140400/year

Estimated CAP Rate: 6.96%

13 Bedrooms

7 Full Baths

3,744 SqFt

Total Parking: 0

1,625 SqFt

Located in Boston's trendiest new neighborhood, this large 3 family was recently gut renovated to the studs in 2019. Stabilized 3-family investment opportunity with full occupancy through 8/31/23. High kitchen living room layout with modern kitchen cabinetry and stainless steel appliances. LED lighting, Central AC, laundry in unit, hardwood floors, and large PRIVATE and enclosed back deck for each unit. Airport T stop is only two blocks from your front door which offers a 24 hour FREE airport shuttle service to all major airlines. 2 stops on the newly renovated blue line to Aquarium, 3 stops to State Street. Also less than a .2 walk to several parks including Bremen Street & Piers Park as well as the East Boston Greenway. Rino's famous restaurant, Angela's Cafe, grocery, shopping, gyms/yoga studio and restaurants all within a few blocks.

This home has been viewed 44 times

Last Checked: May 7th, 2024 at 12:56am (Source: MLS PIN #73038183)

Gross Income: $140,400

Gross Expenses: $11,643

Net Income Calc: $128,757

CAP Rate: 6.96%

Beach Front

Annual Expenses for 255 Paris Street, Boston MA 02128

Total Gross Expenses (Calculated)$11,643/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$11,643

Annual Income & Unit Breakdown for 255 Paris Street, Boston MA 02128

Total Gross Income (Calculated)$140,400

Unit 1

Rental Income$3,600

LeaseY

Bedrooms4

Bathrooms2 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$3,800

LeaseY

Bedrooms4

Bathrooms2 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$4,300

LeaseY

Bedrooms5

Bathrooms3 Full

Floor3

Levels in Unit2

HeatingNo

Rent Includes

General Information for 255 Paris Street, Boston MA 02128

Listing ID73038183

Property TypeMulti Family / 3 Family

Price$1,850,000 ($494.12/SqFt)

Style3 Family

CityBoston

CountySuffolk

MLS AreaEast Boston

Neighborhood(s)

Approximate Living Area Total3,744 SqFt

Approximate Lot Size (Acres)0.04 acres

Total Parking0

Garage Parking

Year Built1910

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesLevel

Foundation Area

Foundation DescriptionStone,Other

Accessible Features

Outdoor Space

ZoningRes

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront FeaturesOcean, Beach Front, 1/2 To 1 Mile To Beach

Energy Features

Terms

Disclosures for 255 Paris Street, Boston MA 02128

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$139,200

Total Net Income By Broker$139,200

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation1

Sub-Agent Compensation

Compensation Based OnGross/full Sale Price

Financial Information for 255 Paris Street, Boston MA 02128

Real Estate Taxes$11,643

Tax Year2021

Assessed Value$1,675,000

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$139,200

BostonRealEstate.com Gross Income

Total Net Income By Broker$139,200

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)6.96%

Location Information for 255 Paris Street, Boston MA 02128

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaEast Boston

Area Amenities

Contact Information for 255 Paris Street, Boston MA 02128

Agent

Name: Nico Longo

Office

Name: Century 21 Cityside

Phone: 617-262-2600

Team Members

Name: Shinika Spencer

Phone: 323-866-0468

Payment Calculator

, Interest

Property Taxes 970.25

Principal & Interest 11399.11

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Century 21 Cityside

Nico Longo

Agent Phone

Office Phone

(617) 262-2600

Text Agent Call Agent Call Office

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[owner_occupancy_source] => 
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[pasture_area] => None
    [patio_and_porch] => Array
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[perc_test] => Array
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[perc_test_date] => Unknown
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    [senior_community] => No
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[sewer_expense] => Array
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    [state_code] => MA
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[terms] => Array
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EXIT

Expired

255 Paris Street, Boston MA 02128

$1,850,000

Annual Expenses for 255 Paris Street, Boston MA 02128

Annual Income & Unit Breakdown for 255 Paris Street, Boston MA 02128

General Information for 255 Paris Street, Boston MA 02128

Disclosures for 255 Paris Street, Boston MA 02128

Financial Information for 255 Paris Street, Boston MA 02128

Location Information for 255 Paris Street, Boston MA 02128

Contact Information for 255 Paris Street, Boston MA 02128

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Century 21 Cityside

Nico Longo