Attention Investors (or owner occ's for potential Summer occupancy)! LAST & Great opportunity to own/invest in this wonderfully maintained, professionally managed and renovated 3-family in the heart of Adam's Village/Dorchester. Solid 6% cap in A+ location with strong rental history and good cash flow. PROPERTY WILL COME OFF THE MARKET NEXT WEEK - 2 units are leased through 2023 and have a proven track record of solid income generation (unit #1 being released at higher income). Convenient to shops, restaurants, public transportation (Ashmont Station on the Red Line), and more. This location has it all! Enclosed yard, private driveway, balcony/patio for entertaining, period details throughout, in-unit and in-building laundry for all. This is a truly charming piece of real estate, don't miss this incredible opportunity. Perfect for investors seeking a solid building that is turnkey.
This home has been viewed 19 times
Last Checked: May 7th, 2024 at 7:26am (Source: MLS PIN #73042858)
Gross Income: $77,400
Gross Expenses: $16,763
Net Income Calc: $60,637
CAP Rate: 5.27%
Annual Expenses for 92-92A Oakton Ave, Boston MA 02122
Total Gross Expenses (Calculated)$16,763/year
APOD AvailableYes
Heating
Electricity
Water$932
Gas$932
Insurance$1,996
Sewer$932
Trash Removal
Repair & Maintenance
Management$3,690
Miscellaneous$1,060
Real Estate Tax$9,085
Annual Income & Unit Breakdown for 92-92A Oakton Ave, Boston MA 02122
Total Gross Income (Calculated)$77,400
Unit 1
Rental Income$2,450
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
Unit 2
Rental Income$2,350
LeaseY
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit2
HeatingNo
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
Unit 3
Rental Income$1,650
LeaseY
Bedrooms1
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingNo
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
General Information for 92-92A Oakton Ave, Boston MA 02122
Listing ID73042858
Property TypeMulti Family / 3 Family
Price$1,150,000 ($418.79/SqFt)
Style3 Family
CityBoston
CountySuffolk
MLS AreaDorchester
Neighborhood(s)
Approximate Living Area Total2,746 SqFt
Approximate Lot Size (Acres)0.11 acres
Total Parking2
Garage Parking
Year Built1905
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesWooded
Foundation Area
Foundation DescriptionConcrete Perimeter
Accessible Features
Outdoor Space
ZoningR3
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy FeaturesThermostat
Terms
Disclosures for 92-92A Oakton Ave, Boston MA 02122
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$7,678
Total Gross Income By Broker$77,400
Total Net Income By Broker$69,722
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2.5
Facilitator Compensation1
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 92-92A Oakton Ave, Boston MA 02122
Real Estate Taxes$9,085
Tax Year2022
Assessed Value$835,000
Financial Data SourceOwner
Total Gross Expenses By Broker$7,678
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$77,400
BostonRealEstate.com Gross Income
Total Net Income By Broker$69,722
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)5.27%
Location Information for 92-92A Oakton Ave, Boston MA 02122
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaDorchester
Area AmenitiesWalk/jog Trails, Highway Access, Shopping, Park, Public Transportation
Contact Information for 92-92A Oakton Ave, Boston MA 02122