Introducing an incredible investment opportunity! This recently renovated Dorchester deal is delivering dollars daily. All new siding and windows throughout entire property. All units have brand new heating systems, tankless on-demand hot water heaters, updated electrical service and panels and have been gut renovated down to the studs. Sleek stainless steel appliances, beautiful backsplash and gorgeous granite and quartz countertops throughout each unit. All units have 2 bathrooms, 2 decks (front and rear) and come with 2 dedicated off street parking.
This home has been viewed 47 times
Last Checked: May 7th, 2024 at 1:51am (Source: MLS PIN #73076830)
Gross Income: $291,600
Gross Expenses: $7,222
Net Income Calc: $284,378
Annual Expenses for 16-18 Fernboro St, Boston MA 02121
Total Gross Expenses (Calculated)$7,222/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax7222
Annual Income & Unit Breakdown for 16-18 Fernboro St, Boston MA 02121
Total Gross Income (Calculated)$291,600
Unit 1
Rental Income$0
LeaseY
Bedrooms4
Bathrooms4 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms5
Bathrooms5 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseY
Bedrooms5
Bathrooms5 Full
Floor3
Levels in Unit1
Rent Includes
Unit 4
Rental Income$0
Lease
Bedrooms4
Bathrooms4 Full
Floor1
Levels in Unit1
Rent Includes
General Information for 16-18 Fernboro St, Boston MA 02121
Listing ID73076830
Property TypeMulti Family
Price3295000 ($384.93/SqFt)
Style5+ Family - Rooming House
CityBoston
CountySuffolk
MLS AreaDorchester
Neighborhood(s)
Approximate Living Area Total8560
Approximate Lot Size (Acres)0.13
Total Parking10
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor Space
ZoningR3
Water Views
Water Views Features
Waterfront Features
Terms
Disclosures for 16-18 Fernboro St, Boston MA 02121
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsPersonal Belongings
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
Facilitator Compensation1
Sub-Agent Compensation1
Compensation Based OnNet Sale Price
Financial Information for 16-18 Fernboro St, Boston MA 02121
Real Estate Taxes7222
Tax Year2022
Assessed Value$663,800
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 16-18 Fernboro St, Boston MA 02121
Neighborhood(s)
MLS AreaDorchester
Area AmenitiesWalk/jog Trails
Contact Information for 16-18 Fernboro St, Boston MA 02121