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26 East Springfield Street, Boston MA 02118

$2,995,000

Estimated $6,509/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $748,750

Total Rent: 167940/year

Estimated CAP Rate:

9 Bedrooms

Baths

3960

Total Parking: 2

1,470 (0.03)

Attention developers and investors! Rarely available turn key 4 unit apartment building steps from Boston Medical Center, BU Medical and Dental Schools, Northeastern University and South End favorites Flour Bakery, Toro and Mike's Diner. These rentals are always in high demand with Unit 1 a parlor 3 bedroom, 2 bath duplex, Unit 2 a 2 bedroom, 1 bath with balcony, Unit 3 a 2 bedroom, 1 bath with balcony and Unit 4 a 2 bedroom, 1 bath penthouse. Since purchase in 2012 the seller has made significant and numerous capital improvements. 2022 Gross Receipts $161,460 and projected 2023 Gross based on 6/1 renewal rates $175,620. A list of the improvements, income and expenses available upon request. Two parking spaces are included in the rear of the property. By appointment only.

This home has been viewed 37 times

Last Checked: May 7th, 2024 at 5:31am (Source: MLS PIN #73096855)

Gross Income: $167,940

Gross Expenses: $19,829

Net Income Calc: $148,111

Water Views

Annual Expenses for 26 East Springfield Street, Boston MA 02118

Total Gross Expenses (Calculated)$19,829/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax19829.26

Annual Income & Unit Breakdown for 26 East Springfield Street, Boston MA 02118

Total Gross Income (Calculated)$167,940

Unit 1

Rental Income$0

LeaseY

Bedrooms3

Bathrooms2 Full

Floor1

Levels in Unit2

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

Rent IncludesHeat

Unit 4

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor4

Levels in Unit1

Rent IncludesHeat

General Information for 26 East Springfield Street, Boston MA 02118

Listing ID73096855

Property TypeMulti Family / 4 Family

Price2995000 ($756.31/SqFt)

Style4 Family - 4 Units Up/down

CityBoston

CountySuffolk

MLS AreaSouth End

Neighborhood(s)

Approximate Living Area Total3960

Approximate Lot Size (Acres)0.03

Total Parking2

Garage Parking0

Year Built1910

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

Basement

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningR4

Water ViewsNo

Water Views Features

Waterfront Features

Terms

Disclosures for 26 East Springfield Street, Boston MA 02118

Lead Paint

UFFI

Living Area Includes BasementYes

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsAll Personal 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 Compensation2.5

Facilitator Compensation2.0

Compensation Based OnGross/full Sale Price

Financial Information for 26 East Springfield Street, Boston MA 02118

Real Estate Taxes19829.26

Tax Year2023

Assessed Value$1,846,300

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 26 East Springfield Street, Boston MA 02118

Neighborhood(s)

MLS AreaSouth End

Area AmenitiesWalk/jog Trails

Contact Information for 26 East Springfield Street, Boston MA 02118

Agent

Name: Paul Whaley/Charlie Ring Team

Office

Name: Coldwell Banker Realty - Boston

Phone: 617-266-4430

Payment Calculator

, Interest

Property Taxes 1652.44

Principal & Interest 18454.24

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Boston

Paul Whaley/Charlie Ring Team

Agent Phone

Office Phone

(617) 266-4430

Text Agent Call Agent Call Office

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EXIT

18 More Photos

Closed

26 East Springfield Street, Boston MA 02118

$2,995,000

Annual Expenses for 26 East Springfield Street, Boston MA 02118

Annual Income & Unit Breakdown for 26 East Springfield Street, Boston MA 02118

General Information for 26 East Springfield Street, Boston MA 02118

Disclosures for 26 East Springfield Street, Boston MA 02118

Financial Information for 26 East Springfield Street, Boston MA 02118

Location Information for 26 East Springfield Street, Boston MA 02118

Contact Information for 26 East Springfield Street, Boston MA 02118

Agent

Office

Payment Calculator

Exclusive Listing Agent

Coldwell Banker Realty - Boston

Paul Whaley/Charlie Ring Team