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Expired

18 Commonwealth Avenue, Boston MA 02116

$8,500,000

Estimated $16,311.97/month Calculator

Multi Family

Total Units: 11

Price Per Unit: $772,727.27

Total Rent: 50400/year

Estimated CAP Rate: 0.24%

11 Bedrooms

11 Full Baths

7,950 SqFt

Total Parking: 4

2,365 SqFt

Generational opportunity on the first block of Commonwealth Avenue in the Back Bay. Built in 1864 as a grand residence, this 8,000+/- sq/ft brownstone presents a rare opportunity to create a custom home in one of the most sought-after locations in Boston. Available for the first time in 50 years, this six-story property with elevator overlooks the Commonwealth Avenue Mall and is steps to Public Garden & Newbury Street. 18 Commonwealth is a design / build opportunity for 5+ bedrooms / 6+ bathroom single family home with potential to add a roof terrace & garage parking. Original details include grand staircase illuminated by sky-light, intricate mill work & moldings, 10-12 foot ceilings, ornate fireplaces & hardwood floors. 4 outdoor parking spaces. Endless possibilities for renovation & restoration of this historic residence on the first block on Commonwealth Avenue.

This home has been viewed 24 times

Last Checked: May 7th, 2024 at 7:11am (Source: MLS PIN #73083085)

Gross Income: $50,400

Gross Expenses: $30,351

Net Income Calc: $20,049

CAP Rate: 0.24%

Annual Expenses for 18 Commonwealth Avenue, Boston MA 02116

Total Gross Expenses (Calculated)$30,351/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$30,351.13

Annual Income & Unit Breakdown for 18 Commonwealth Avenue, Boston MA 02116

Total Gross Income (Calculated)$50,400

Unit 1

Rental Income$2,100

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$2,100

LeaseY

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$0

Lease

Bedrooms

Bathrooms

Floor

Levels in Unit

HeatingNo

Rent Includes

Unit 4

Rental Income$0

Lease

Bedrooms

Bathrooms

Floor

Levels in Unit

HeatingNo

Rent Includes

General Information for 18 Commonwealth Avenue, Boston MA 02116

Listing ID73083085

Property TypeMulti Family

Price$8,500,000 ($1069.18/SqFt)

Style5+ Family - 5+ Units Up/down

CityBoston

CountySuffolk

MLS AreaBack Bay

Neighborhood(s)

Approximate Living Area Total7,950 SqFt

Approximate Lot Size (Acres)0.05 acres

Total Parking4

Garage Parking

Year Built1864

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate,Renovated Since

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame, Brick

Lot FeaturesLevel

Foundation Area

Foundation DescriptionOther

Accessible Features

Outdoor Space

ZoningBOS

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 18 Commonwealth Avenue, Boston MA 02116

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceMeasured

Title 5

Exclusions

Disclosures

Financial Data SourceOwner

Total Gross Expenses By Broker$0

Total Gross Income By Broker$50,400

Total Net Income By Broker$50,400

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.0%%

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnGross/full Sale Price

Financial Information for 18 Commonwealth Avenue, Boston MA 02116

Real Estate Taxes$30,351.13

Tax Year2023

Assessed Value$2,799,000

Financial Data SourceOwner

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$50,400

BostonRealEstate.com Gross Income

Total Net Income By Broker$50,400

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)0.24%

Location Information for 18 Commonwealth Avenue, Boston MA 02116

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaBack Bay

Area AmenitiesWalk/jog Trails, Conservation Area, Highway Access, House Of Worship, Public School, Shopping, Park, Medical Facility, Bike Path, Public Transportation, T-station, Pool, Tennis Court(s), Marina, Private School, University

Contact Information for 18 Commonwealth Avenue, Boston MA 02116

Agent

Name: Dave Costello & Scott Accorsini Team

Office

Name: Advisors Living - Back Bay

Phone: 617-375-7900

Payment Calculator

, Interest

Property Taxes 2529.26

Principal & Interest 52374.3

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Advisors Living - Back Bay

Dave Costello & Scott Accorsini Team

Agent Phone

Office Phone

(617) 375-7900

Text Agent Call Agent Call Office

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[owner_occupancy_source] => 
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[pasture_area] => None
    [patio_and_porch] => Array
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[perc_test] => Array
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[perc_test_date] => Unknown
    [pet_policy] => Array
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[phone] => 617-905-7996
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[sewer_expense] => Array
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[terms] => Array
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[uffi] => Array
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[unit_1_bathrooms] => 1 Full
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EXIT

Expired

18 Commonwealth Avenue, Boston MA 02116

$8,500,000

Annual Expenses for 18 Commonwealth Avenue, Boston MA 02116

Annual Income & Unit Breakdown for 18 Commonwealth Avenue, Boston MA 02116

General Information for 18 Commonwealth Avenue, Boston MA 02116

Disclosures for 18 Commonwealth Avenue, Boston MA 02116

Financial Information for 18 Commonwealth Avenue, Boston MA 02116

Location Information for 18 Commonwealth Avenue, Boston MA 02116

Contact Information for 18 Commonwealth Avenue, Boston MA 02116

Agent

Office

Payment Calculator

Exclusive Listing Agent

Advisors Living - Back Bay

Dave Costello & Scott Accorsini Team