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Expired

701 Washington St, Boston MA 02124

$650,000

Estimated $1,449.97/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $216,666.67

Total Rent: 57600/year

Estimated CAP Rate: 8.13%

6 Bedrooms

3 Full Baths

2,013 SqFt

Total Parking: 0

2,340 SqFt

Welcome to 701 Washington St. A truly unique home. Great opportunity for owner occupant or investor. Public records states a single family but set up with 3 units. Located in a multi family zoned neighborhood. Enter into an extra large entry way. Large staircase leads to each floor has 2 bedrooms, kitchen, bathroom and a living area. Fresh paint throughout. Long term tenants at will in place. Roof is 2 years old. Newer gas heating system with 3 zones. Each floor controls their own thermostat. 3rd floor is electric heat. Updated electric. This home might not work for all financing types. Please check with lender prior to viewing. Close to train station, all major routes and shopping. Perfect commuter location. Stop by Open House on Saturday, October 8th 3:30-5:30 PM.

This home has been viewed 41 times

Last Checked: May 7th, 2024 at 5:01am (Source: MLS PIN #73043589)

Gross Income: $57,600

Gross Expenses: $4,752

Net Income Calc: $52,848

CAP Rate: 8.13%

Annual Expenses for 701 Washington St, Boston MA 02124

Total Gross Expenses (Calculated)$4,752/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$4,752

Annual Income & Unit Breakdown for 701 Washington St, Boston MA 02124

Total Gross Income (Calculated)$57,600

Unit 1

Rental Income$1,500

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$1,800

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$1,500

LeaseN

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingNo

Rent Includes

General Information for 701 Washington St, Boston MA 02124

Listing ID73043589

Property TypeMulti Family / 3 Family

Price$650,000 ($322.9/SqFt)

Style3 Family

CityBoston

CountySuffolk

MLS Area

Neighborhood(s)

Approximate Living Area Total2,013 SqFt

Approximate Lot Size (Acres)0.05 acres

Total Parking0

Garage Parking

Year Built1890

Year Built SourcePublic Records

Year Renovated

Year Built DetailsRenovated Since,Finished, Never Occupied

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel, Cleared

Foundation Area999999999999999

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningR1

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 701 Washington St, Boston MA 02124

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area DisclosureHome is set up as a 3 Unit Multi Public record sho

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$57,600

Total Net Income By Broker$57,600

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation1

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 701 Washington St, Boston MA 02124

Real Estate Taxes$4,752

Tax Year2022

Assessed Value$436,800

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$57,600

BostonRealEstate.com Gross Income

Total Net Income By Broker$57,600

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)8.13%

Location Information for 701 Washington St, Boston MA 02124

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Public School, Shopping, Park, Medical Facility, Laundromat, Public Transportation, T-station, Private School, University

Contact Information for 701 Washington St, Boston MA 02124

Agent

Name: Suzanne Gelven

Office

Name: Realty Express - Lakeville

Phone: 866-925-6977

Payment Calculator

, Interest

Property Taxes 396

Principal & Interest 4005.09

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Realty Express - Lakeville

Suzanne Gelven

Agent Phone

Office Phone

(866) 925-6977

Text Agent Call Agent Call Office

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EXIT

Expired

701 Washington St, Boston MA 02124

$650,000

Annual Expenses for 701 Washington St, Boston MA 02124

Annual Income & Unit Breakdown for 701 Washington St, Boston MA 02124

General Information for 701 Washington St, Boston MA 02124

Disclosures for 701 Washington St, Boston MA 02124

Financial Information for 701 Washington St, Boston MA 02124

Location Information for 701 Washington St, Boston MA 02124

Contact Information for 701 Washington St, Boston MA 02124

Agent

Office

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Exclusive Listing Agent

Realty Express - Lakeville

Suzanne Gelven