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51 School Street, Boston MA 02129

$1,089,500

Estimated $2,487/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $544,750

Total Rent: 67800/year

Estimated CAP Rate:

3 Bedrooms

Baths

1900

Total Parking: 0

1,254 (0.03)

*BEST VALUE INVESTMENT* in this DETACHED 2-family located in the heart of Charlestown with amazing EXPANSIVE ROOF DECK views of the Bunker Hill Monument. Numerous updates including Composite Roof Deck, New Rubber Roof, New Lochinvar Heating Systems, Oil to Gas Conversion, and New Skylights. Wide pine and oak hardwood with exposed beams bring charm and character. The upper unit is spread over two floors with two bedrooms and one bathroom and features a new kitchen with new cabinets, stainless steel appliances, and quartz countertops. The first-floor unit has one bedroom, one bathroom, and a refurbished kitchen with improved cabinets, new appliances, and quartz countertops. BPDA Approved plans in 2016 to add 3 additional bedrooms. Abundant opportunities: Rent Both Units, Owner-Occupy with Rental Income, or Expand. Set in an ideal location you are only a few blocks to the MBTA's Orange Line, The Monument Restaurant, Zume's Coffee, Whole Foods, The Farmer's Market, and so much more!

This home has been viewed 62 times

Last Checked: May 7th, 2024 at 1:01am (Source: MLS PIN #72983422)

Gross Income: $67,800

Gross Expenses: $8,639

Net Income Calc: $59,161

Annual Expenses for 51 School Street, Boston MA 02129

Total Gross Expenses (Calculated)$8,639/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax8639

Annual Income & Unit Breakdown for 51 School Street, Boston MA 02129

Total Gross Income (Calculated)$67,800

Unit 1

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit2

Rent IncludesHeat

General Information for 51 School Street, Boston MA 02129

Listing ID72983422

Property TypeMulti Family

Price1089500 ($573.42/SqFt)

StyleMulti Family

CityBoston

CountySuffolk

MLS AreaCharlestown

Neighborhood(s)

Approximate Living Area Total1900

Approximate Lot Size (Acres)0.03

Total Parking0

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor Space

ZoningR2

Water Views

Water Views Features

Waterfront Features

Terms

Disclosures for 51 School Street, Boston MA 02129

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsPersonal 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 Compensation2.5%

Facilitator Compensation2.5%

Compensation Based OnNet Sale Price

Financial Information for 51 School Street, Boston MA 02129

Real Estate Taxes8639

Tax Year2022

Assessed Value$794,100

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 51 School Street, Boston MA 02129

Elementary SchoolBps

Middle SchoolBps

High SchoolBps

Neighborhood(s)

MLS AreaCharlestown

Area AmenitiesWalk/jog Trails

Contact Information for 51 School Street, Boston MA 02129

Agent

Name: The Madden Team

Office

Name: Berkshire Hathaway HomeServices Commonwealth Real Estate

Phone: 617-926-5280

Payment Calculator

, Interest

Property Taxes 719.92

Principal & Interest 6713.15

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Berkshire Hathaway HomeServices Commonwealth Real Estate

The Madden Team

Agent Phone

Office Phone

(617) 926-5280

Text Agent Call Agent Call Office

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    [unparsed] => 51 School Street, Boston MA 02129
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EXIT

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