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16 Irving Street, Boston MA 02114

$2,995,000

Estimated $5,883/month Calculator

Multi Family

Total Units: 5

Price Per Unit: $599,000

Total Rent: 177600/year

Estimated CAP Rate:

8 Bedrooms

Baths

3074

Total Parking: 0

770 (0.02)

A rare opportunity for investors! Renovated 5 unit turn-key investment property w/incredible cash flow on historic Beacon Hill. This handsome building has an established and extremely strong rental history. Currently configured as (5) short-term rental ( or extended stay) units including (3) one bedroom + den, one bath units, and (2) one bedroom, one bath units. Parlor and lower level units can be easily combined as a 3BR/2BA duplex unit. gross revenue $225K range- The impeccably maintained brownstone features updated mechanical systems, renovated kitchens/ baths, and replacement windows. Ideal for investors who want to own an income-generating asset in highly sought after locale with historically low inventory. Perfect for a 1031 tax exchange or for anyone looking to secure a signature investment in this posh neighborhood. Excellent location by Mass General Hospital and close to the Charles River Esplanade, the Massachusetts State House,Financial dist. Public T.

This home has been viewed 44 times

Last Checked: May 7th, 2024 at 6:31am (Source: MLS PIN #73097980)

Gross Income: $177,600

Gross Expenses: $15,081

Net Income Calc: $162,519

Water Views

Annual Expenses for 16 Irving Street, Boston MA 02114

Total Gross Expenses (Calculated)$15,081/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax12320

Annual Income & Unit Breakdown for 16 Irving Street, Boston MA 02114

Total Gross Income (Calculated)$177,600

Unit 1

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor0

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit0

Rent Includes

Unit 4

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor3

Levels in Unit1

Rent Includes

General Information for 16 Irving Street, Boston MA 02114

Listing ID73097980

Property TypeMulti Family

Price2995000 ($974.3/SqFt)

Style5+ Family - 5+ Units Up/down

CityBoston

CountySuffolk

MLS AreaBeacon Hill

Neighborhood(s)

Approximate Living Area Total3074

Approximate Lot Size (Acres)0.02

Total Parking0

Garage Parking0

Year Built1870

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Area770

Foundation Description

Accessible Features

Outdoor Space

Zoningre

Water ViewsNo

Water Views Features

Waterfront Features

Terms

Disclosures for 16 Irving 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 SourceEstimated

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5

Facilitator Compensation2

Compensation Based OnGross/full Sale Price

Financial Information for 16 Irving Street, Boston MA 02114

Real Estate Taxes12320

Tax Year2022

Assessed Value$1,122,200

Financial Data SourceEstimated

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 16 Irving Street, Boston MA 02114

Neighborhood(s)

MLS AreaBeacon Hill

Area AmenitiesWalk/jog Trails

Contact Information for 16 Irving Street, Boston MA 02114

Agent

Name: Roberta Orlandino

Office

Name: Coldwell Banker Realty - Boston

Phone: 617-266-4430

Payment Calculator

, Interest

Property Taxes 1026.67

Principal & Interest 18454.24

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Boston

Roberta Orlandino

Agent Phone

Office Phone

(617) 266-4430

Text Agent Call Agent Call Office

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    [unparsed] => 16 Irving Street, Boston MA 02114
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EXIT

22 More Photos

Closed

16 Irving Street, Boston MA 02114

$2,995,000

Annual Expenses for 16 Irving Street, Boston MA 02114

Annual Income & Unit Breakdown for 16 Irving Street, Boston MA 02114

General Information for 16 Irving Street, Boston MA 02114

Disclosures for 16 Irving Street, Boston MA 02114

Financial Information for 16 Irving Street, Boston MA 02114

Location Information for 16 Irving Street, Boston MA 02114

Contact Information for 16 Irving Street, Boston MA 02114

Agent

Office

Payment Calculator

Exclusive Listing Agent

Coldwell Banker Realty - Boston

Roberta Orlandino