LEGAL 10-unit North End Multi-Family Asset. Steps from Boston Harbor, Blonde Brick Investment property offers the perfect variety of apartments, The Building consists of (2) Studios, (3) 2-Bedrooms, (3) 3-Bedroom Splits, and (2) 3-Bedrooms. The Penthouse Unit offers a Stunning Private Roof Deck with Breathtaking Water & City Views. Over $360,000 in Gross Income. Very RARE in this neighborhood to have so many legal units under one roof. All units are Move-In-Ready as well as many Building upgrades under the current ownership. Please try for a 48 hours-Notice for showings. Group Showing Monday April 10th from 1pm-3pm.
This home has been viewed 23 times
Last Checked: May 7th, 2024 at 7:16am (Source: MLS PIN #73094596)
Gross Income: $127,500
Gross Expenses: $42,626
Net Income Calc: $84,874
CAP Rate: 1.43%
Beach Front
Annual Expenses for 12 Foster St, Boston MA 02109
Total Gross Expenses (Calculated)$42,626/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$42,626
Annual Income & Unit Breakdown for 12 Foster St, Boston MA 02109
Total Gross Income (Calculated)$127,500
Unit 1
Rental Income$2,350
LeaseY
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$1,975
LeaseY
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$3,000
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 4
Rental Income$3,300
LeaseY
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit0
HeatingNo
Rent Includes
General Information for 12 Foster St, Boston MA 02109
Listing ID73094596
Property TypeMulti Family / 5+ Family
Price$5,925,000 ($1081.2/SqFt)
Style5-9 Family
CityBoston
CountySuffolk
MLS AreaNorth End
Neighborhood(s)
Approximate Living Area Total5,480 SqFt
Approximate Lot Size (Acres)0.04 acres
Total Parking0
Garage Parking
Year Built1890
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot Features
Foundation Area
Foundation DescriptionConcrete Perimeter
Accessible Features
Outdoor Space
ZoningRes
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront FeaturesBeach Front
Energy Features
Terms
Disclosures for 12 Foster St, Boston MA 02109
Lead Paint
UFFI
Living Area Includes BasementYes
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$364,800
Total Net Income By Broker$299,800
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2%%
Facilitator Compensation2%%
Sub-Agent Compensation
Compensation Based OnGross/full Sale Price
Financial Information for 12 Foster St, Boston MA 02109
Real Estate Taxes$42,626
Tax Year2023
Assessed Value$3,968,900
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$364,800
BostonRealEstate.com Gross Income
Total Net Income By Broker$299,800
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)1.43%
Location Information for 12 Foster St, Boston MA 02109
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaNorth End
Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Public School, Shopping, Park, Medical Facility, Laundromat, Bike Path, Public Transportation, T-station, Pool, Tennis Court(s), Marina, Private School, University, Other
Contact Information for 12 Foster St, Boston MA 02109