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Expired

18 Commonwealth Avenue, Boston MA 02116

$8,500,000

Estimated $16,312/month Calculator

Multi Family

Total Units: 11

Price Per Unit: $772,727.27

Total Rent: 50400/year

Estimated CAP Rate:

11 Bedrooms

Baths

7950

Total Parking: 4

2,365 (0.05)

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 35 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

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 Tax30351.13

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

Total Gross Income (Calculated)$50,400

Unit 1

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

Lease

Bathrooms

Rent Includes

Unit 4

Rental Income$0

Lease

Bathrooms

Rent Includes

General Information for 18 Commonwealth Avenue, Boston MA 02116

Listing ID73083085

Property TypeMulti Family

Price8500000 ($1069.18/SqFt)

Style5+ Family - 5+ Units Up/down

CityBoston

CountySuffolk

MLS AreaBack Bay

Neighborhood(s)

Approximate Living Area Total7950

Approximate Lot Size (Acres)0.05

Total Parking4

Garage Parking0

Year Built1864

Year Built SourcePublic Records

Year Built DetailsApproximate,Renovated Since

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningBOS

Water Views

Water Views Features

Waterfront Features

Terms

Disclosures for 18 Commonwealth Avenue, Boston MA 02116

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceMeasured

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 Compensation2.0%

Facilitator Compensation0

Compensation Based OnGross/full Sale Price

Financial Information for 18 Commonwealth Avenue, Boston MA 02116

Real Estate Taxes30351.13

Tax Year2023

Assessed Value$2,799,000

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 18 Commonwealth Avenue, Boston MA 02116

Neighborhood(s)

MLS AreaBack Bay

Area AmenitiesWalk/jog Trails

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

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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EXIT

4 More Photos

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