This lucrative multi-family provides strong cash flow with the ability to renovate, expand, and add a rear addition thanks to ZBA approval that will be transferred with the sale. Approved plans add roughly 600 net sqft to the property, totaling 2,010 net sqft post-expansion. Unit 1 is highlighted by a generously-sized bedroom which is complemented by an abundant amount of closet space. An upgraded bathroom and a secluded back deck complete this unit. The second unit is composed of 3 beds, 1.5 baths & offers an ample amount of indoor and outdoor space. The open living area flows seamlessly into the updated kitchen, which is brought to life by newer flooring and sleek cabinetry. In addition to the three bedrooms, the penthouse provides an office space that is accommodating for a work-from-home setup or can be used as a 4th bedroom. A private back deck overlooks a fenced-in backyard that is perfect for outdoor hangouts with friends & family and in-unit laundry adds to the convenience.
This home has been viewed 47 times
Last Checked: May 7th, 2024 at 1:56am (Source: MLS PIN #73058578)
Gross Income: $76,200
Gross Expenses: $9,982
Net Income Calc: $66,218
CAP Rate: 4.91%
Beach Front
Annual Expenses for 140 D St, Boston MA 02127
Total Gross Expenses (Calculated)$9,982/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$9,982
Annual Income & Unit Breakdown for 140 D St, Boston MA 02127
Total Gross Income (Calculated)$76,200
Unit 1
Rental Income$2,000
LeaseY
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent IncludesUnit 1(water), Unit 2(water)
Unit 2
Rental Income$4,350
LeaseY
Bedrooms3
Bathrooms1 Full, 1 Half
Floor2
Levels in Unit2
HeatingNo
Rent IncludesUnit 1(water), Unit 2(water)
General Information for 140 D St, Boston MA 02127
Listing ID73058578
Property TypeMulti Family
Price$1,350,000 ($950.04/SqFt)
StyleMulti Family
CityBoston
CountySuffolk
MLS AreaSouth Boston
Neighborhood(s)
Approximate Living Area Total1,421 SqFt
Approximate Lot Size (Acres)0.03 acres
Total Parking0
Garage Parking
Year Built1890
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
ZoningR2
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront FeaturesBay, Beach Front, Beach Ownership(public), 1 To 2 Mile To Beach
Energy Features
Terms
Disclosures for 140 D St, Boston MA 02127
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area DisclosureDoes not include unfinished basement
Building Area SourceOther
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$76,200
Total Net Income By Broker$76,200
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2.5%%
Facilitator Compensation1.0%%
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 140 D St, Boston MA 02127
Real Estate Taxes$9,982
Tax Year2022
Assessed Value$917,500
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$76,200
BostonRealEstate.com Gross Income
Total Net Income By Broker$76,200
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)4.91%
Location Information for 140 D St, Boston MA 02127
Elementary SchoolBoston Public
Middle SchoolBoston Public
High SchoolBoston Public
Neighborhood(s)
MLS AreaSouth Boston
Area AmenitiesWalk/jog Trails, Highway Access, Public School, Shopping, Park, Medical Facility, Laundromat, Public Transportation, T-station