Overview Property Details Payment Calculator Walkability

Closed

35 Grove Street, Boston MA 02114

$6,950,000

Estimated $14,467.47/month Calculator

Multi Family

Total Units: 10

Price Per Unit: $695,000

Total Rent: 162600/year

Estimated CAP Rate: 1.79%

19 Bedrooms

10 Full, 5 Half Baths

6,400 SqFt

Total Parking: 0

1,700 SqFt

** Attention Investors - RARE 10 UNIT - Lowest price per unit in Beacon Hill on the market** This property is located near the top of Grove street in the highly desirable Beacon Hill neighborhood of Boston. Fully leased turn key property is perfect for an investor a with a ...

This home has been viewed 21 times

Last Checked: May 7th, 2024 at 6:21am (Source: MLS PIN #73068808)

Gross Income: $162,600

Gross Expenses: $38,377

Net Income Calc: $124,223

CAP Rate: 1.79%

Annual Expenses for 35 Grove Street, Boston MA 02114

Total Gross Expenses (Calculated)$38,377/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$38,377

Annual Income & Unit Breakdown for 35 Grove Street, Boston MA 02114

Total Gross Income (Calculated)$162,600

Unit 1

Rental Income$2,950

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent Includes

Unit 2

Rental Income$3,500

LeaseY

Bedrooms2

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit1

HeatingYes

Rent Includes

Unit 3

Rental Income$3,500

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent Includes

Unit 4

Rental Income$3,600

LeaseY

Bedrooms2

Bathrooms1 Full, 1 Half

Floor2

Levels in Unit1

HeatingYes

Rent Includes

General Information for 35 Grove Street, Boston MA 02114

Listing ID73068808

Property TypeMulti Family

Price$6,950,000 ($1085.94/SqFt)

Style5+ Family - 5+ Units Up/down

CityBoston

CountySuffolk

MLS AreaBeacon Hill

Neighborhood(s)

Approximate Living Area Total6,400 SqFt

Approximate Lot Size (Acres)0.04 acres

Total Parking0

Garage Parking

Year Built1899

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesGentle Sloping

Foundation Area

Foundation DescriptionOther

Accessible Features

Outdoor Space

Zoningres

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 35 Grove Street, Boston MA 02114

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$54,596

Total Gross Income By Broker$420,600

Total Net Income By Broker$366,004

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation2

Sub-Agent Compensation2

Compensation Based OnNet Sale Price

Financial Information for 35 Grove Street, Boston MA 02114

Real Estate Taxes$38,377

Tax Year2022

Assessed Value$3,410,000

Financial Data Source

Total Gross Expenses By Broker$54,596

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$420,600

BostonRealEstate.com Gross Income

Total Net Income By Broker$366,004

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)1.79%

Location Information for 35 Grove Street, Boston MA 02114

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaBeacon Hill

Area Amenities

Contact Information for 35 Grove Street, Boston MA 02114

Agent

Name: GPG Team

MLS ID: TM353587

Office ID: AN7879

Office

Name: Grove Property Group

MLS Office ID: AN7879

Phone: 617-812-9035

Payment Calculator

$46,021.77 per month

30 Years Fixed, 6.75% Interest

Property Taxes $3,198.08

Principal & Interest $42,823.69

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Grove Property Group

GPG Team

Agent Phone

Office Phone

(617) 812-9035

Text Agent Call Agent Call Office

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)

EXIT

Closed

35 Grove Street, Boston MA 02114

$6,950,000

Annual Expenses for 35 Grove Street, Boston MA 02114

Annual Income & Unit Breakdown for 35 Grove Street, Boston MA 02114

General Information for 35 Grove Street, Boston MA 02114

Disclosures for 35 Grove Street, Boston MA 02114

Financial Information for 35 Grove Street, Boston MA 02114

Location Information for 35 Grove Street, Boston MA 02114

Contact Information for 35 Grove Street, Boston MA 02114

Agent

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Grove Property Group

GPG Team