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Canceled

541 Norfolk St, Boston MA 02126

$1,100,000

Estimated $2,315.89/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $366,666.67

Total Rent: 71388/year

Estimated CAP Rate: 5.91%

6 Bedrooms

3 Full Baths

3,240 SqFt

Total Parking: 0

5,263 SqFt

Turnkey 3-family, renovated with new kitchens and bathrooms. All new windows and fairly new siding and roof. Each rental unit features eat-in kitchens with new cabinets, stainless appliances & granite countertop, in-unit laundry. Each unit has a front porch & rear deck. Hardwood floors throughout, complemented by tiled baths. Two units are leased with one unit vacant. This prime location is a 7-8 minute walk from a Morton St. commuter rail station, perfect for easy commuting. Enjoy the proximity to a variety of shops, restaurants, and local attractions. Whether you're an investor or looking for a home with income potential, this property is an unbeatable opportunity.

This home has been viewed 49 times

Last Checked: May 7th, 2024 at 7:06am (Source: MLS PIN #73128510)

Gross Income: $71,388

Gross Expenses: $6,387

Net Income Calc: $65,001

CAP Rate: 5.91%

Annual Expenses for 541 Norfolk St, Boston MA 02126

Total Gross Expenses (Calculated)$6,387/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$6,387

Annual Income & Unit Breakdown for 541 Norfolk St, Boston MA 02126

Total Gross Income (Calculated)$71,388

Unit 1

Rental Income$2,954

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$2,995

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingNo

Rent Includes

General Information for 541 Norfolk St, Boston MA 02126

Listing ID73128510

Property TypeMulti Family / 3 Family

Price$1,100,000 ($339.51/SqFt)

Style3 Family

CityBoston

CountySuffolk

MLS AreaMattapan

Neighborhood(s)

Approximate Living Area Total3,240 SqFt

Approximate Lot Size (Acres)0.12 acres

Total Parking0

Garage Parking

Year Built1905

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningR3

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 541 Norfolk St, Boston MA 02126

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$71,388

Total Net Income By Broker$71,388

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 541 Norfolk St, Boston MA 02126

Real Estate Taxes$6,387

Tax Year2022

Assessed Value$587,000

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$71,388

BostonRealEstate.com Gross Income

Total Net Income By Broker$71,388

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)5.91%

Location Information for 541 Norfolk St, Boston MA 02126

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaMattapan

Area AmenitiesWalk/jog Trails, Shopping, Park, Bike Path, Public Transportation

Contact Information for 541 Norfolk St, Boston MA 02126

Agent

Name: Nichols Realty Team

Office

Name: Boston Trust Realty Group

Phone: 617-674-2077

Team Members

Name: Dawson McClure

Phone: 617-615-2932

Payment Calculator

, Interest

Property Taxes 532.25

Principal & Interest 6777.85

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Boston Trust Realty Group

Nichols Realty Team

Agent Phone

Office Phone

(617) 674-2077

Text Agent Call Agent Call Office

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            [phone] => 617-674-2077
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[pasture_area] => None
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        (
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[perc_test] => Array
        (
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[perc_test_date] => Unknown
    [pet_policy] => Array
        (
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[phone] => 617-997-4963
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[road_frontage_type] => Array
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[roof_material] => Array
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    [senior_community] => No
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[sewer_expense] => Array
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[short_sale] => 
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    [state_code] => MA
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[terms] => Array
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    [total_gross_income] => 71388
    [total_parking] => 0
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[uffi] => Array
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[unit_1_levels] => 1
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[unit_2_bathrooms] => 1 Full
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[unit_4_bathrooms] => 
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        )

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[water_views_features] => Array
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EXIT

Canceled

541 Norfolk St, Boston MA 02126

$1,100,000

Annual Expenses for 541 Norfolk St, Boston MA 02126

Annual Income & Unit Breakdown for 541 Norfolk St, Boston MA 02126

General Information for 541 Norfolk St, Boston MA 02126

Disclosures for 541 Norfolk St, Boston MA 02126

Financial Information for 541 Norfolk St, Boston MA 02126

Location Information for 541 Norfolk St, Boston MA 02126

Contact Information for 541 Norfolk St, Boston MA 02126

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Boston Trust Realty Group

Nichols Realty Team