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Expired

29 Ridgewood St, Boston MA 02122

$1,364,000

Estimated $3,288/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $454,666.67

Total Rent: 126000/year

Estimated CAP Rate:

13 Bedrooms

Baths

3906

Total Parking: 5 (2 Garage)

3,969 (0.09)

Rare opportunity to own this CASH COW ! Massive three family with 13 Bedrooms. Currently 7% CAP rate with a lot of upward potential. All three units deleaded. Currently is rented well under market. Current BHA Pay standard is $11,175/month. Leases expire August 31. Four bedrooms on 1st and 3rd floors. 5 Bdr on the second floor. Tenants pay all utilities. Perfect for 1031 exchange, long term rental income, owner occupant or condo conversion. All units are sunny, bright, have front and back porches and recently renovated with granite kitchens, tiled bathrooms. All utilities are split. The TPO roof is 5 yo. Two oil tanks changed within last 2 years, the third is about 8yo. New water tanks. Some appliances are brand new. Large 2 car garage and parking in the back. Additional income from parking is $120/month. Less than 1/2 mile to Red Line. Many bus routes, easy access to highways, South Bay Center, Downtown and all area amenities. Very close to UMASS

This home has been viewed 36 times

Last Checked: May 7th, 2024 at 7:36am (Source: MLS PIN #73100700)

Gross Income: $126,000

Gross Expenses: $18,483

Net Income Calc: $107,517

Annual Expenses for 29 Ridgewood St, Boston MA 02122

Total Gross Expenses (Calculated)$18,483/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax12918

Annual Income & Unit Breakdown for 29 Ridgewood St, Boston MA 02122

Total Gross Income (Calculated)$126,000

Unit 1

Rental Income$0

LeaseY

Bedrooms4

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseY

Bedrooms5

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseY

Bedrooms4

Bathrooms1 Full

Floor3

Levels in Unit1

Rent IncludesHeat

General Information for 29 Ridgewood St, Boston MA 02122

Listing ID73100700

Property TypeMulti Family / 3 Family

Price1364000 ($349.21/SqFt)

Style3 Family - 3 Units Up/down

CityBoston

CountySuffolk

MLS AreaDorchester's Fields Corner

Neighborhood(s)

Approximate Living Area Total3906

Approximate Lot Size (Acres)0.09

Total Parking5 (2 Garage)

Garage Parking2

Year Built1905

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningR3

Water Views

Water Views Features

Waterfront FeaturesRiver

Terms

Disclosures for 29 Ridgewood St, Boston MA 02122

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsAll Appliances To Remain.

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

Facilitator Compensation1

Compensation Based OnNet Sale Price

Financial Information for 29 Ridgewood St, Boston MA 02122

Real Estate Taxes12918

Tax Year2023

Assessed Value$1,202,800

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 29 Ridgewood St, Boston MA 02122

Neighborhood(s)

MLS AreaDorchester's Fields Corner

Area AmenitiesWalk/jog Trails

Contact Information for 29 Ridgewood St, Boston MA 02122

Agent

Name: Galina Barry

Office

Name: Keller Williams Realty

Phone: 617-969-9000

Payment Calculator

, Interest

Property Taxes 1076.5

Principal & Interest 8404.53

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Keller Williams Realty

Galina Barry

Agent Phone

Office Phone

(617) 969-9000

Text Agent Call Agent Call Office

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    [unparsed] => 29 Ridgewood St, Boston MA 02122
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EXIT

28 More Photos

Expired

29 Ridgewood St, Boston MA 02122

$1,364,000

Annual Expenses for 29 Ridgewood St, Boston MA 02122

Annual Income & Unit Breakdown for 29 Ridgewood St, Boston MA 02122

General Information for 29 Ridgewood St, Boston MA 02122

Disclosures for 29 Ridgewood St, Boston MA 02122

Financial Information for 29 Ridgewood St, Boston MA 02122

Location Information for 29 Ridgewood St, Boston MA 02122

Contact Information for 29 Ridgewood St, Boston MA 02122

Agent

Office

Payment Calculator

Exclusive Listing Agent

Keller Williams Realty

Galina Barry