Development Opportunity. Existing 3 story brick warehouse together with ZBA APPROVAL TO CONVERT TO A 6 STORY RESIDENTIAL BUILDING! The approved plans call for 6 residential units, the majority of which are direct elevator access 2+ bedroom/2 bath flats with 1420 sq/ft each. ...
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Last Checked: May 7th, 2024 at 6:21am (Source: MLS PIN #73030346)
Gross Income: $0
Gross Expenses: $14,161
Net Income Calc: $14,161
CAP Rate: -0.47%
Annual Expenses for 587 Albany Street, Boston MA 02118
Total Gross Expenses (Calculated)$14,161/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$14,161
Annual Income & Unit Breakdown for 587 Albany Street, Boston MA 02118
Total Gross Income (Calculated)$0
General Information for 587 Albany Street, Boston MA 02118
Listing ID73030346
Property TypeMulti Family / 5+ Family
Price$2,995,000 ($277.31/SqFt)
Style5-9 Family
CityBoston
CountySuffolk
MLS AreaSouth End
Neighborhood(s)
Approximate Living Area Total10,800 SqFt
Approximate Lot Size (Acres)0.04 acres
Total Parking0
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsBrick
Lot FeaturesLevel
Foundation Area
Foundation DescriptionOther
Accessible Features
Outdoor Space
ZoningEDA-South
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 587 Albany Street, Boston MA 02118
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area DisclosureApproximate square footage of completed project.
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$0
Total Net Income By Broker$0
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2.25
Facilitator Compensation2.25
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 587 Albany Street, Boston MA 02118
Real Estate Taxes$14,161
Tax Year2022
Assessed Value$566,900
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$0
BostonRealEstate.com Gross Income
Total Net Income By Broker$0
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)-0.47%
Location Information for 587 Albany Street, Boston MA 02118
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaSouth End
Area AmenitiesConservation Area, Highway Access, House Of Worship, Public School, Shopping, Park, Medical Facility, Public Transportation, T-station, Private School, University
Contact Information for 587 Albany Street, Boston MA 02118