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35 Grove Street, Boston MA 02114

$6,950,000

Estimated $14,467/month Calculator

Multi Family

Total Units: 10

Price Per Unit: $695,000

Total Rent: 162600/year

Estimated CAP Rate:

19 Bedrooms

Baths

6400

Total Parking: 0

1,700 (0.04)

** 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 1031 exchange. Each unit has desirable features such as hardwood floors, laundry in unit , stainless steel appliances, quartz/granite countertops and modern bathrooms. With 9 two bedrooms and 1 one bedroom unit, this property is suited for an investor looking to walk into a rock solid rent roll. 35 Grove generates $420,600 in income yearly with room for improvement next lease cycle. All tenants have access to the beautiful views of the city & Charles river. Extremely close to MGH and downtown Boston, historic sites, shopping & public transportation.

This home has been viewed 43 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

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 Tax38377

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

Total Gross Income (Calculated)$162,600

Unit 1

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 4

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full, 1 Half

Floor2

Levels in Unit1

Rent Includes

General Information for 35 Grove Street, Boston MA 02114

Listing ID73068808

Property TypeMulti Family

Price6950000 ($1085.94/SqFt)

Style5+ Family - 5+ Units Up/down

CityBoston

CountySuffolk

MLS AreaBeacon Hill

Neighborhood(s)

Approximate Living Area Total6400

Approximate Lot Size (Acres)0.04

Total Parking0

Garage Parking0

Year Built1899

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

Zoningres

Water Views

Water Views Features

Waterfront Features

Terms

Disclosures for 35 Grove Street, Boston MA 02114

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsAll Basement Shelves & Tv. Kitch Mirror & Musical Clock.1st Fl Lr Tv. Dartboard. Shelves In Dr.

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 Compensation2

Sub-Agent Compensation2

Compensation Based OnNet Sale Price

Financial Information for 35 Grove Street, Boston MA 02114

Real Estate Taxes38377

Tax Year2022

Assessed Value$3,410,000

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 35 Grove Street, Boston MA 02114

Neighborhood(s)

MLS AreaBeacon Hill

Area Amenities

Contact Information for 35 Grove Street, Boston MA 02114

Agent

Name: GPG Team

Office

Name: Grove Property Group

Phone: 617-812-9035

Payment Calculator

, Interest

Property Taxes 3198.08

Principal & Interest 42823.69

HOA Dues

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

18 More Photos

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

Office

Payment Calculator

Exclusive Listing Agent

Grove Property Group

GPG Team