Attention savvy homeowners, investors and developers! Take a look at this spacious 2 family with upside potential located in the historic Eagle Hill neighborhood of East Boston. This vacant, 3-level, detached property is ready for some sweat equity and rehab. First floor unit has 3 bedrooms, separate living room, eat-in kitchen and bathroom. Second unit is a duplex with two bedrooms, spacious living room, separate kitchen, bathroom on main level and two additional bedrooms on top level. Investors can do minor repairs and keep the existing layout for a buy and hold with strong rental comps, otherwise, the building is ZBA approved for a legal 3-family addition for developers with more experience, please ask for plans separately. Will not qualify for FHA financing! Location is 0.8 mile walk to Airport T Blue Line station and close to Chelsea Waterfront and Boston Harbor.
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Last Checked: May 7th, 2024 at 6:31am (Source: MLS PIN #73098755)
Gross Income: $0
Gross Expenses: $6,690
Net Income Calc: $6,690
Annual Expenses for 28 Falcon St., Boston MA 02128
Total Gross Expenses (Calculated)$6,690/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax6690.78
Annual Income & Unit Breakdown for 28 Falcon St., Boston MA 02128
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms4
Bathrooms1 Full
Floor2
Levels in Unit2
Rent Includes
General Information for 28 Falcon St., Boston MA 02128
Listing ID73098755
Property TypeMulti Family / 2 Family
Price799995 ($308.4/SqFt)
Style2 Family - 2 Units Up/down
CityBoston
CountySuffolk
MLS AreaEast Boston's Eagle Hill
Neighborhood(s)
Approximate Living Area Total2594
Approximate Lot Size (Acres)0.05
Total Parking0
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
Basement
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor Space
Zoning0104
Water Views
Water Views Features
Waterfront Features
Terms
Disclosures for 28 Falcon St., Boston MA 02128
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
Compensation Based OnNet Sale Price
Financial Information for 28 Falcon St., Boston MA 02128
Real Estate Taxes6690.78
Tax Year2023
Assessed Value$617,800
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 28 Falcon St., Boston MA 02128
Neighborhood(s)
MLS AreaEast Boston's Eagle Hill
Area Amenities
Contact Information for 28 Falcon St., Boston MA 02128