OPEN HOUSE CANCELLED Welcome to this magnificent two-family home in the heart of Andrew Square! This property is the perfect opportunity for a savvy investor or owner occupied looking to make their mark on South Boston. This property is bringing in over $8,000 in gross rent a month with tremendous opportunities to grow and expand with its large garage, two car driveway and potential development opportunities, this property has it all. Unit one features an open concept living and kitchen area with two bedrooms. Additional living space in the basement offers value, functionality, potential and many options for the new owner. On the second floor you will find 4 bedrooms and a full bath. This house is situated just steps away from the Andrew station, making commuting convenient and hassle free! Not only that but it sits just minutes away from some of South Boston's best attractions such as M Street & Carson Beach, Castle Island, Seaport and many more great spots!
This home has been viewed 39 times
Last Checked: May 7th, 2024 at 7:41am (Source: MLS PIN #73089696)
Gross Income: $96,600
Gross Expenses: $23,625
Net Income Calc: $72,975
Annual Expenses for 656 Dorchester Ave, Boston MA 02127
Total Gross Expenses (Calculated)$23,625/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax14225
Annual Income & Unit Breakdown for 656 Dorchester Ave, Boston MA 02127
Total Gross Income (Calculated)$96,600
Unit 1
Rental Income$0
LeaseY
Bedrooms3
Bathrooms2 Full
Floor1
Levels in Unit2
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms4
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
General Information for 656 Dorchester Ave, Boston MA 02127
Listing ID73089696
Property TypeMulti Family
Price1100000 ($412.29/SqFt)
StyleMulti Family
CityBoston
CountySuffolk
MLS AreaSouth Boston
Neighborhood(s)
Approximate Living Area Total2668
Approximate Lot Size (Acres)0.06
Total Parking4 (2 Garage)
Garage Parking2
Year Built1895
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningR2
Water Views
Water Views Features
Waterfront FeaturesRiver
Terms
Disclosures for 656 Dorchester Ave, Boston MA 02127
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 656 Dorchester Ave, Boston MA 02127
Real Estate Taxes14225
Tax Year2023
Assessed Value$1,324,500
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 656 Dorchester Ave, Boston MA 02127
Neighborhood(s)
MLS AreaSouth Boston
Area AmenitiesWalk/jog Trails
Contact Information for 656 Dorchester Ave, Boston MA 02127