Rare Opportunity to renovate/develop a three-unit building plus a separately assessed, 1,475 square foot adjacent lot in South Boston's booming West Side. Ideally located between West Broadway and Old Colony Avenue, 187-189 West 5th offers easy access to downtown, the Seapor...
This home has been viewed 24 times
Last Checked: May 7th, 2024 at 2:06am (Source: MLS PIN #73071858)
Gross Income: $22,200
Gross Expenses: $10,925
Net Income Calc: $11,275
CAP Rate: 0.70%
Beach Front
Annual Expenses for 187 West Fifth St, Boston MA 02127
Total Gross Expenses (Calculated)$10,925/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$10,925.70
Annual Income & Unit Breakdown for 187 West Fifth St, Boston MA 02127
Total Gross Income (Calculated)$22,200
Unit 1
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent IncludesUnit 2(none), Unit 3(none)
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent IncludesUnit 2(none), Unit 3(none)
Unit 3
Rental Income$1,850
LeaseN
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit3
HeatingNo
Rent IncludesUnit 2(none), Unit 3(none)
General Information for 187 West Fifth St, Boston MA 02127
Listing ID73071858
Property TypeMulti Family / 3 Family
Price$1,600,000 ($864.86/SqFt)
Style3 Family - 3 Units Up/down
CityBoston
CountySuffolk
MLS AreaSouth Boston
Neighborhood(s)
Approximate Living Area Total1,850 SqFt
Approximate Lot Size (Acres)0.07 acres
Total Parking0
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesLevel, Cleared
Foundation Area
Foundation DescriptionOther
Accessible Features
Outdoor Space
Zoningres
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront FeaturesHarbor, Beach Front, 3/10 To 1/2 Mile To Beach, Stream
Energy Features
Terms
Disclosures for 187 West Fifth St, Boston MA 02127
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceLimited Information
Total Gross Expenses By Broker$0
Total Gross Income By Broker$22,200
Total Net Income By Broker$22,200
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2.5
Facilitator Compensation1
Sub-Agent Compensation1
Compensation Based OnGross/full Sale Price
Financial Information for 187 West Fifth St, Boston MA 02127
Real Estate Taxes$10,925.70
Tax Year2022
Assessed Value$1,004,200
Financial Data SourceLimited Information
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$22,200
BostonRealEstate.com Gross Income
Total Net Income By Broker$22,200
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)0.70%
Location Information for 187 West Fifth St, Boston MA 02127
Elementary SchoolBps
Middle School
High School
Neighborhood(s)
MLS AreaSouth Boston
Area AmenitiesHighway Access, House Of Worship, Public School, Shopping, Park, Medical Facility, Laundromat, Public Transportation, T-station, Marina
Contact Information for 187 West Fifth St, Boston MA 02127