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Closed

94-96 Welles Ave, Boston MA 02124

$1,100,000

Estimated $2,537.54/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $550,000

Total Rent: 33900/year

Estimated CAP Rate: 1.92%

8 Bedrooms

2 Full Baths

3,266 SqFt

Total Parking: 2

3,680 SqFt

This is a two-unit property that offers ample space with four bedrooms in each unit. Both units have a front porch and rear deck, providing plenty of outdoor space. The top unit boasts a large, semi-finished attic that offers potential for additional living space for the second unit. Electric and gas metered separately. There are two tandem off-street parking. The property is centrally located in Dorchester, just a block away from the Dr. Loesch Family Park and in close proximity to the Ashmont and Shawmut T-Stops (Orange Line), Peabody Square, and numerous restaurants.

This home has been viewed 23 times

Last Checked: May 7th, 2024 at 6:41am (Source: MLS PIN #73097789)

Gross Income: $33,900

Gross Expenses: $12,801

Net Income Calc: $21,099

CAP Rate: 1.92%

Annual Expenses for 94-96 Welles Ave, Boston MA 02124

Total Gross Expenses (Calculated)$12,801/year

APOD AvailableNo

Heating

Electricity

Water$1,872

Gas$1,872

Insurance

Sewer$1,872

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$9,046.84

Annual Income & Unit Breakdown for 94-96 Welles Ave, Boston MA 02124

Total Gross Income (Calculated)$33,900

Unit 1

Rental Income$0

LeaseN

Bedrooms4

Bathrooms4 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesGas, Water, Unit 1(heat, Hot Water), Unit 2(heat

Unit 2

Rental Income$2,825

LeaseY

Bedrooms4

Bathrooms4 Full

Floor2

Levels in Unit2

HeatingYes

Rent IncludesGas, Water, Unit 1(heat, Hot Water), Unit 2(heat

General Information for 94-96 Welles Ave, Boston MA 02124

Listing ID73097789

Property TypeMulti Family / 2 Family

Price$1,100,000 ($336.8/SqFt)

Style2 Family - 2 Units Up/down

CityBoston

CountySuffolk

MLS AreaDorchester's Ashmont

Neighborhood(s)

Approximate Living Area Total3,266 SqFt

Approximate Lot Size (Acres)0.08 acres

Total Parking2

Garage Parking

Year Built1920

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningR2

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 94-96 Welles Ave, Boston MA 02124

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area DisclosureAssessors database has total bedrooms of 6, 3 per

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$3,755

Total Gross Income By Broker$33,900

Total Net Income By Broker$30,145

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5

Facilitator Compensation1

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 94-96 Welles Ave, Boston MA 02124

Real Estate Taxes$9,046.84

Tax Year2023

Assessed Value$835,000

Financial Data Source

Total Gross Expenses By Broker$3,755

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$33,900

BostonRealEstate.com Gross Income

Total Net Income By Broker$30,145

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)1.92%

Location Information for 94-96 Welles Ave, Boston MA 02124

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaDorchester's Ashmont

Area AmenitiesHouse Of Worship, Shopping, Park, Public Transportation, T-station

Contact Information for 94-96 Welles Ave, Boston MA 02124

Agent

Name: Igor Burlak

Office

Name: Unlimited Sotheby's International Realty

Phone: 617-332-1400

Team Members

Name: Sean Preston

Phone: 617-855-8502

Payment Calculator

, Interest

Property Taxes 753.9

Principal & Interest 6777.85

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Unlimited Sotheby's International Realty

Igor Burlak

Agent Phone

Office Phone

(617) 332-1400

Text Agent Call Agent Call Office

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EXIT