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Closed

153 Foster St, Boston MA 02135

$2,900,000

Estimated $5,987.26/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $966,666.67

Total Rent: 203940/year

Estimated CAP Rate: 6.25%

11 Bedrooms

5 Full Baths

3,820 SqFt

Total Parking: 2

4,612 SqFt

Introducing 153 Foster Street, a rare investment property in a highly sought-after part of Brighton. This stunning fully leased and gut renovated 3-family property boasts a prime location and exceptional rental income.This property features three units designed with the modern tenant in mind. Each unit features a renovated kitchen that features quartz counters and stainless steel appliances, modern baths, in-unit laundry, central ac, hardwood floors, and rear decks. There are also two parking spots available for tenants to rent. Located in thriving Brighton, this investment property offers easy access to Boston College, restaurants, shops, public transportation, and more.The property is currently leased for $14,945/month increasing to $16,995/month on September 1, 2023.

This home has been viewed 25 times

Last Checked: May 7th, 2024 at 8:01am (Source: MLS PIN #73088486)

Gross Income: $203,940

Gross Expenses: $22,756

Net Income Calc: $181,184

CAP Rate: 6.25%

Annual Expenses for 153 Foster St, Boston MA 02135

Total Gross Expenses (Calculated)$22,756/year

APOD AvailableNo

Heating

Electricity$250

Water

Gas

Insurance$2,604

Sewer

Trash Removal

Repair & Maintenance$4,483

Management

Miscellaneous

Real Estate Tax$15,419

Annual Income & Unit Breakdown for 153 Foster St, Boston MA 02135

Total Gross Income (Calculated)$203,940

Unit 1

Rental Income$7,400

LeaseY

Bedrooms5

Bathrooms2 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(none), Unit 2(none), Unit 3(none)

Unit 2

Rental Income$5,700

LeaseY

Bedrooms4

Bathrooms2 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(none), Unit 2(none), Unit 3(none)

Unit 3

Rental Income$3,895

LeaseN

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(none), Unit 2(none), Unit 3(none)

General Information for 153 Foster St, Boston MA 02135

Listing ID73088486

Property TypeMulti Family / 3 Family

Price$2,900,000 ($759.16/SqFt)

Style3 Family

CityBoston

CountySuffolk

MLS AreaBrighton

Neighborhood(s)

Approximate Living Area Total3,820 SqFt

Approximate Lot Size (Acres)0.11 acres

Total Parking2

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsRenovated Since

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Area

Foundation DescriptionStone,Granite,Irregular

Accessible Features

Outdoor Space

ZoningR3

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 153 Foster St, Boston MA 02135

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourcePro. Forma Available

Total Gross Expenses By Broker$22,756

Total Gross Income By Broker$203,940

Total Net Income By Broker$203,940

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.25

Facilitator Compensation1

Sub-Agent Compensation

Compensation Based OnGross/full Sale Price

Financial Information for 153 Foster St, Boston MA 02135

Real Estate Taxes$15,419

Tax Year2023

Assessed Value$1,435,700

Financial Data SourcePro. Forma Available

Total Gross Expenses By Broker$22,756

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$203,940

BostonRealEstate.com Gross Income

Total Net Income By Broker$203,940

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)6.25%

Location Information for 153 Foster St, Boston MA 02135

Elementary SchoolBps

Middle SchoolBps

High SchoolBps

Neighborhood(s)

MLS AreaBrighton

Area AmenitiesHighway Access, Public School, Shopping, Golf, Park, Medical Facility, Public Transportation, T-station, Private School, University

Contact Information for 153 Foster St, Boston MA 02135

Agent

Name: Erik Anderson

Office

Name: Concept Properties

Phone: 617-785-4886

Team Members

Name: Matthew Ramey

Phone: 617-785-4886

Payment Calculator

, Interest

Property Taxes 1284.92

Principal & Interest 17868.88

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Concept Properties

Erik Anderson

Agent Phone

Office Phone

(617) 785-4886

Text Agent Call Agent Call Office

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EXIT

Closed

153 Foster St, Boston MA 02135

$2,900,000

Annual Expenses for 153 Foster St, Boston MA 02135

Annual Income & Unit Breakdown for 153 Foster St, Boston MA 02135

General Information for 153 Foster St, Boston MA 02135

Disclosures for 153 Foster St, Boston MA 02135

Financial Information for 153 Foster St, Boston MA 02135

Location Information for 153 Foster St, Boston MA 02135

Contact Information for 153 Foster St, Boston MA 02135

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Concept Properties

Erik Anderson