Large renovated 3 Family in one of Dorchester's most desirable neighborhoods, the Polish Triangle. 37 Saint Margaret features 12 Beds/6 Baths + gross income approaching $140,000 per year! Tenants pay utilities other than water/sewer. ALL units have been completely renovated + have new kitchens, bathrooms, refinished hardwood floors, lighting fixtures, paint etc. Units have 4 beds/2 baths each and could also be rented as 3 Bed/2 Baths with large living rooms. New washer/dryer in each unit. Bathrooms have tiled showers, new vanities. New SS appliances, shaker cabinets, Quartz countertops in all kitchens. Each unit has private rear deck + top two units have private front decks. Gorgeous hardwood throughout. Additional storage in basement! Units 1 + 3 leased through 8/31. Unit 2 will be leased at $3800. Short walk to JFK/UMASS or Andrew Square T Stops. Easy highway access to 93/90 + Logan. Don't miss your opportunity to own prime investment in a very strong rental market! Easy to show!
This home has been viewed 22 times
Last Checked: May 7th, 2024 at 5:05am (Source: MLS PIN #73111478)
Gross Income: $93,360
Gross Expenses: $13,339
Net Income Calc: $80,021
CAP Rate: 4.58%
Beach Front
Annual Expenses for 37 Saint Margaret St, Boston MA 02125
Total Gross Expenses (Calculated)$13,339/year
APOD AvailableNo
Heating
Electricity
Water$1,000
Gas$1,000
Insurance
Sewer$1,000
Trash Removal
Repair & Maintenance$1,000
Management
Miscellaneous
Real Estate Tax$11,339
Annual Income & Unit Breakdown for 37 Saint Margaret St, Boston MA 02125
Total Gross Income (Calculated)$93,360
Unit 1
Rental Income$3,600
LeaseY
Bedrooms4
Bathrooms2 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$380
LeaseN
Bedrooms4
Bathrooms2 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$3,800
LeaseY
Bedrooms4
Bathrooms2 Full
Floor
Levels in Unit
HeatingNo
Rent Includes
General Information for 37 Saint Margaret St, Boston MA 02125
Listing ID73111478
Property TypeMulti Family / 3 Family
Price$1,749,000 ($460.26/SqFt)
Style3 Family
CityBoston
CountySuffolk
MLS AreaDorchester
Neighborhood(s)
Approximate Living Area Total3,800 SqFt
Approximate Lot Size (Acres)0.06 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 Materials
Lot FeaturesLevel
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor Space
ZoningR3
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront FeaturesBay, Ocean, Beach Front, Beach Ownership(public), 1/2 To 1 Mile To Beach
Energy Features
Terms
Disclosures for 37 Saint Margaret St, Boston MA 02125
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$2,000
Total Gross Income By Broker$136,800
Total Net Income By Broker$134,800
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 37 Saint Margaret St, Boston MA 02125
Real Estate Taxes$11,339
Tax Year2023
Assessed Value$1,055,800
Financial Data Source
Total Gross Expenses By Broker$2,000
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$136,800
BostonRealEstate.com Gross Income
Total Net Income By Broker$134,800
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)4.58%
Location Information for 37 Saint Margaret St, Boston MA 02125
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaDorchester
Area AmenitiesWalk/jog Trails, Highway Access, Shopping, Park, Public Transportation, T-station, Pool, Tennis Court(s), Marina, University
Contact Information for 37 Saint Margaret St, Boston MA 02125