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229 London, Boston MA 02128

$925,000

Estimated $2,084/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $308,333.33

Total Rent: 73200/year

Estimated CAP Rate:

7 Bedrooms

Baths

1825

Total Parking: 0

1,000 (0.02)

Centrally located East Boston 3 Family! New owner would be purchasing a cash flowing asset at a 6.3% Cap rate right out of the gate. 229 London was renovated in 2016. Please see the Virtual tour attached to the listing. Reach out for your private showing today!

This home has been viewed 50 times

Last Checked: May 7th, 2024 at 4:56am (Source: MLS PIN #73076228)

Gross Income: $73,200

Gross Expenses: $7,006

Net Income Calc: $66,194

Annual Expenses for 229 London, Boston MA 02128

Total Gross Expenses (Calculated)$7,006/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax7006

Annual Income & Unit Breakdown for 229 London, Boston MA 02128

Total Gross Income (Calculated)$73,200

Unit 1

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms3

Bathrooms

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

Rent Includes

General Information for 229 London, Boston MA 02128

Listing ID73076228

Property TypeMulti Family / 3 Family

Price925000 ($506.85/SqFt)

Style3 Family

CityBoston

CountySuffolk

MLS AreaEast Boston's Eagle Hill

Neighborhood(s)

Approximate Living Area Total1825

Approximate Lot Size (Acres)0.02

Total Parking0

Garage Parking0

Year Built1910

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

Zoning3f-2000

Water Views

Water Views Features

Waterfront Features

Terms

Disclosures for 229 London, Boston MA 02128

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceMeasured

ExclusionsPersonal Property

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 Compensation0

Compensation Based OnGross/full Sale Price

Financial Information for 229 London, Boston MA 02128

Real Estate Taxes7006

Tax Year2022

Assessed Value$651,500

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 229 London, Boston MA 02128

Neighborhood(s)

MLS AreaEast Boston's Eagle Hill

Area Amenities

Contact Information for 229 London, Boston MA 02128

Agent

Name: Ryan Taylor

Office

Name: Fortune RE

Phone: 617-874-1000

Payment Calculator

, Interest

Property Taxes 583.83

Principal & Interest 5699.56

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Fortune RE

Ryan Taylor

Agent Phone

Office Phone

(617) 874-1000

Text Agent Call Agent Call Office

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    [unparsed] => 229 London, Boston MA 02128
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EXIT

Closed

229 London, Boston MA 02128

$925,000

Annual Expenses for 229 London, Boston MA 02128

Annual Income & Unit Breakdown for 229 London, Boston MA 02128

General Information for 229 London, Boston MA 02128

Disclosures for 229 London, Boston MA 02128

Financial Information for 229 London, Boston MA 02128

Location Information for 229 London, Boston MA 02128

Contact Information for 229 London, Boston MA 02128

Agent

Office

Payment Calculator

Exclusive Listing Agent

Fortune RE

Ryan Taylor