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Closed

115 Glendower Rd, Boston MA 02131

$699,900

Estimated $1,710.80/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $349,950

Total Rent: 60504/year

Estimated CAP Rate: 7.66%

5 Bedrooms

2 Full Baths

2,209 SqFt

Total Parking: 4

8,295 SqFt

***OPEN HOUSE SCHEDULED FOR SAT 6/3/23 HAS BEEN CANCELLED*** Roslindale 2-family property, owner-occupied, with no tenants in the 1st floor unit. On a good-sized 8,295 Sq Ft lot, with off-street parking, in desirable Roslindale location. Key updates made in recent years, including: New heating system 2014, new HW tank 2014, new Harvey double-pane windows throughout home in 2013 and blown-insulation throughout home in 2008. Other updates and repairs are needed. This property is ideal for an investor or contractor to improve this Roslindale multi-family asset for strong income generation, or for the industrious buyer/owner that can improve it themselves, grow their equity and earn rental income too. Property being sold as-is.

This home has been viewed 34 times

Last Checked: May 7th, 2024 at 7:06am (Source: MLS PIN #73115612)

Gross Income: $60,504

Gross Expenses: $6,911

Net Income Calc: $53,593

CAP Rate: 7.66%

Annual Expenses for 115 Glendower Rd, Boston MA 02131

Total Gross Expenses (Calculated)$6,911/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$6,911

Annual Income & Unit Breakdown for 115 Glendower Rd, Boston MA 02131

Total Gross Income (Calculated)$60,504

Unit 1

Rental Income$2,200

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

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

Unit 2

Rental Income$2,842

LeaseN

Bedrooms4

Bathrooms2 Full

Floor2

Levels in Unit2

HeatingYes

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

General Information for 115 Glendower Rd, Boston MA 02131

Listing ID73115612

Property TypeMulti Family / 2 Family

Price$699,900 ($316.84/SqFt)

Style2 Family - 2 Units Up/down

CityBoston

CountySuffolk

MLS AreaRoslindale

Neighborhood(s)

Approximate Living Area Total2,209 SqFt

Approximate Lot Size (Acres)0.19 acres

Total Parking4

Garage Parking

Year Built1935

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame, Brick, Stone

Lot Features

Foundation Area

Foundation DescriptionBrick/Mortar,Granite

Accessible Features

Outdoor Space

ZoningR2

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 115 Glendower Rd, Boston MA 02131

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceOwner

Total Gross Expenses By Broker$0

Total Gross Income By Broker$72,000

Total Net Income By Broker$72,000

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5%%

Facilitator Compensation1%%

Sub-Agent Compensation

Compensation Based OnGross/full Sale Price

Financial Information for 115 Glendower Rd, Boston MA 02131

Real Estate Taxes$6,911

Tax Year2023

Assessed Value$643,500

Financial Data SourceOwner

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$72,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$72,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)7.66%

Location Information for 115 Glendower Rd, Boston MA 02131

Elementary SchoolSee Firmremarks

Middle SchoolSee Firmremarks

High SchoolSee Firmremarks

Neighborhood(s)

MLS AreaRoslindale

Area AmenitiesHouse Of Worship, Public School, Shopping, Golf, Park, Medical Facility, Public Transportation, T-station, Sidewalks

Contact Information for 115 Glendower Rd, Boston MA 02131

Agent

Name: Thomas Keegan

Office

Name: Better Living Real Estate, LLC

Phone: 781-821-0105

Team Members

Name: Michael Giovangelo

Phone: 508-962-4411

Payment Calculator

, Interest

Property Taxes 575.92

Principal & Interest 4312.56

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Better Living Real Estate, LLC

Thomas Keegan

Agent Phone

Office Phone

(781) 821-0105

Text Agent Call Agent Call Office

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                    [url] => https://media.mlspin.com/photo.aspx?mls=73115612&w=1024&h=768&n=19
                    [index] => 19
                    [enabled] => 1
                    [created] => 2024-05-07 07:06:07
                    [modified] => 2024-05-07 07:06:07
                )

[19] => Array
                (
                    [id] => 7528608
                    [name] => MLS20.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73115612&w=1024&h=768&n=20
                    [index] => 20
                    [enabled] => 1
                    [created] => 2024-05-07 07:06:07
                    [modified] => 2024-05-07 07:06:07
                )

[20] => Array
                (
                    [id] => 7528609
                    [name] => MLS21.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73115612&w=1024&h=768&n=21
                    [index] => 21
                    [enabled] => 1
                    [created] => 2024-05-07 07:06:07
                    [modified] => 2024-05-07 07:06:07
                )

)

)

EXIT