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187 West Fifth St, Boston MA 02127

$1,600,000

Estimated $3,505/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $533,333.33

Total Rent: 22200/year

Estimated CAP Rate:

3 Bedrooms

Baths

1850

Total Parking: 0

3,081 (0.07)

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 Seaport, local highways and two MBTA transit stops. It's close to South Boston's many restaurants and shops. The property includes two 2-bedroom apartments and one 1-bedroom home and a walk-out basement with a shared laundry and expansive storage. Property needs significant updating. 189 West 5th parcel has restricted uses. Sold as-is, with no warranties, representations or contingencies.

This home has been viewed 42 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

Water Views

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 Tax10925.7

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

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit3

Rent IncludesHeat

General Information for 187 West Fifth St, Boston MA 02127

Listing ID73071858

Property TypeMulti Family / 3 Family

Price1600000 ($864.86/SqFt)

Style3 Family - 3 Units Up/down

CityBoston

CountySuffolk

MLS AreaSouth Boston

Neighborhood(s)

Approximate Living Area Total1850

Approximate Lot Size (Acres)0.07

Total Parking0

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

Zoningres

Water ViewsNo

Water Views Features

Waterfront FeaturesRiver

Terms

Disclosures for 187 West Fifth St, Boston MA 02127

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsSheds

Financial Data SourceEstimated

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 Compensation1

Sub-Agent Compensation1

Compensation Based OnGross/full Sale Price

Financial Information for 187 West Fifth St, Boston MA 02127

Real Estate Taxes10925.7

Tax Year2022

Assessed Value$1,004,200

Financial Data SourceEstimated

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 187 West Fifth St, Boston MA 02127

Elementary SchoolBps

Neighborhood(s)

MLS AreaSouth Boston

Area AmenitiesWalk/jog Trails

Contact Information for 187 West Fifth St, Boston MA 02127

Agent

Name: Christine McConville

Office

Name: Coldwell Banker Realty - Boston

Phone: 617-266-4430

Payment Calculator

, Interest

Property Taxes 910.48

Principal & Interest 9858.69

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Boston

Christine McConville

Agent Phone

Office Phone

(617) 266-4430

Text Agent Call Agent Call Office

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EXIT

7 More Photos

Closed

187 West Fifth St, Boston MA 02127

$1,600,000

Annual Expenses for 187 West Fifth St, Boston MA 02127

Annual Income & Unit Breakdown for 187 West Fifth St, Boston MA 02127

General Information for 187 West Fifth St, Boston MA 02127

Disclosures for 187 West Fifth St, Boston MA 02127

Financial Information for 187 West Fifth St, Boston MA 02127

Location Information for 187 West Fifth St, Boston MA 02127

Contact Information for 187 West Fifth St, Boston MA 02127

Agent

Office

Payment Calculator

Exclusive Listing Agent

Coldwell Banker Realty - Boston

Christine McConville