On the border of Boston's Dorchester and Roxbury neighborhoods, this spacious 3 FAMILY + ACCOMPANYING LOT is an investor's dream. Introducing a classic Boston 3-family, with modern updates and features: equipped with central heating, dishwashers, as well as updated roof, siding, and windows. The property houses 3 spacious units, and is primed to cashflow; it also includes coin-operated washer and dryer. The accompanying lot is OVER 4,000 SQUARE FEET of space and is within the 3F-4000 ZONING SUBDISTRICT. You will not want to miss this investment opportunity!
This home has been viewed 35 times
Last Checked: May 7th, 2024 at 2:56am (Source: MLS PIN #73054777)
Gross Income: $73,200
Gross Expenses: $5,295
Net Income Calc: $67,905
CAP Rate: 6.17%
Annual Expenses for 125-127 Devon St., Boston MA 02121
Total Gross Expenses (Calculated)$5,295/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$5,295.30
Annual Income & Unit Breakdown for 125-127 Devon St., Boston MA 02121
Total Gross Income (Calculated)$73,200
Unit 1
Rental Income$2,300
LeaseY
Bedrooms3
Bathrooms3 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
Unit 2
Rental Income$2,300
LeaseY
Bedrooms3
Bathrooms3 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
Unit 3
Rental Income$1,500
LeaseY
Bedrooms2
Bathrooms2 Full
Floor3
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
General Information for 125-127 Devon St., Boston MA 02121
Listing ID73054777
Property TypeMulti Family / 3 Family
Price$1,099,900 ($291.44/SqFt)
Style3 Family - 3 Units Up/down
CityBoston
CountySuffolk
MLS AreaDorchester's Grove Hall
Neighborhood(s)
Approximate Living Area Total3,774 SqFt
Approximate Lot Size (Acres)0.09 acres
Total Parking8
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesOther, Additional Land Avail.
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor Space
ZoningR3
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 125-127 Devon St., Boston MA 02121
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$73,200
Total Net Income By Broker$73,200
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 125-127 Devon St., Boston MA 02121
Real Estate Taxes$5,295.30
Tax Year2022
Assessed Value$486,700
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$73,200
BostonRealEstate.com Gross Income
Total Net Income By Broker$73,200
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)6.17%
Location Information for 125-127 Devon St., Boston MA 02121
Elementary SchoolUp Acad Holland
Middle SchoolL.G. Frederick
High SchoolJ.E. Burke
Neighborhood(s)
MLS AreaDorchester's Grove Hall
Area Amenities
Contact Information for 125-127 Devon St., Boston MA 02121