Looking for a turn-key investment opportunity? Welcome to 227 Washington, a 3-family brick building situated in a lively part of Dorchester. Newly renovated with updated kitchens and bathrooms, which include granite and quartz countertops, new appliances, fixtures and more. Freshly painted with classic hardwood flooring throughout. Unit 2 and Unit 3 will be delivered vacant. Ideal for owner occupants seeking rental income to help with mortgage payments or investors seeking for a turn-key addition to their portfolio. Great investment opportunity with close proximity to public transportation (Four Corners Commuter Rail 0.1 mi), neighborhood restaurants, shops, trails and more!
This home has been viewed 41 times
Last Checked: May 7th, 2024 at 6:21am (Source: MLS PIN #73055317)
Gross Income: $85,716
Gross Expenses: $6,840
Net Income Calc: $78,876
Water Views
Annual Expenses for 227 Washington St, Boston MA 02121
Total Gross Expenses (Calculated)$6,840/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax6840
Annual Income & Unit Breakdown for 227 Washington St, Boston MA 02121
Total Gross Income (Calculated)$85,716
Unit 1
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor3
Levels in Unit1
Rent Includes
General Information for 227 Washington St, Boston MA 02121
Listing ID73055317
Property TypeMulti Family / 3 Family
Price920000 ($373.98/SqFt)
Style3 Family - 3 Units Up/down
CityBoston
CountySuffolk
MLS AreaDorchester's Codman Square
Neighborhood(s)
Approximate Living Area Total2460
Approximate Lot Size (Acres)0.04
Total Parking0
Garage Parking0
Year Built1890
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningR3
Water ViewsNo
Water Views Features
Waterfront Features
Terms
Disclosures for 227 Washington St, Boston MA 02121
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsGenerator
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 Compensation0
Compensation Based OnGross/full Sale Price
Financial Information for 227 Washington St, Boston MA 02121
Real Estate Taxes6840
Tax Year2022
Assessed Value$628,700
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 227 Washington St, Boston MA 02121
Elementary SchoolMurphy/Up
Middle SchoolBla/Ob/Bls
High SchoolBla/Ob/Bls
Neighborhood(s)
MLS AreaDorchester's Codman Square
Area AmenitiesWalk/jog Trails
Contact Information for 227 Washington St, Boston MA 02121