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55 Mount Vernon St, Boston MA 02125

$2,350,000

Estimated $4,873.56/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $783,333.33

Total Rent: 160200/year

Estimated CAP Rate: 6.27%

12 Bedrooms

6 Full Baths

4,149 SqFt

Total Parking: 0

2,100 SqFt

Turnkey 3-family located in the heart of Dorchester’s vibrant Polish Triangle neighborhood. The 3 luxury rental units, each consisting of 4 bedrooms & 2 bathrooms, has been renovated to the studs. The units feature modern kitchens with semi-custom cabinetry, quartz countertops & stainless steel appliances, modern bathrooms, in-unit laundry, new efficient HVAC systems & water heaters. The electrical & plumbing systems have been fully updated. Each unit has private outdoor space, high ceilings that enhance the sense of spaciousness, an abundance of natural light, great views & hardwood floors throughout. Located in close proximity to the JFK/UMass Redline T-Station, UMass Boston, South Bay, Dorchester Brewing, beaches, parks, I-93, downtown Boston, as well as a plethora of restaurants & shops, offering unparalleled convenience & accessibility. This is a fantastic investment opportunity, with all units rented through 8/31/24 with a monthly rent roll of $13,350 & a 6% cap rate.

This home has been viewed 22 times

Last Checked: May 7th, 2024 at 8:06am (Source: MLS PIN #73112202)

Gross Income: $160,200

Gross Expenses: $12,756

Net Income Calc: $147,444

CAP Rate: 6.27%

Beach Front

Annual Expenses for 55 Mount Vernon St, Boston MA 02125

Total Gross Expenses (Calculated)$12,756/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$12,756.65

Annual Income & Unit Breakdown for 55 Mount Vernon St, Boston MA 02125

Total Gross Income (Calculated)$160,200

Unit 1

Rental Income$4,100

LeaseY

Bedrooms4

Bathrooms2 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 2(water), Unit 3(water)

Unit 2

Rental Income$4,500

LeaseY

Bedrooms4

Bathrooms2 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 2(water), Unit 3(water)

Unit 3

Rental Income$4,750

LeaseY

Bedrooms4

Bathrooms2 Full

Floor3

Levels in Unit1

HeatingYes

Rent IncludesUnit 2(water), Unit 3(water)

General Information for 55 Mount Vernon St, Boston MA 02125

Listing ID73112202

Property TypeMulti Family / 3 Family

Price$2,350,000 ($566.4/SqFt)

Style3 Family - 3 Units Up/down

CityBoston

CountySuffolk

MLS AreaDorchester

Neighborhood(s)

Approximate Living Area Total4,149 SqFt

Approximate Lot Size (Acres)0.05 acres

Total Parking0

Garage Parking

Year Built1905

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot Features

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

Zoning3F

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront FeaturesBay, Beach Front, Beach Ownership(public), 3/10 To 1/2 Mile To Beach

Energy Features

Terms

Disclosures for 55 Mount Vernon St, Boston MA 02125

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area DisclosureLiving area was measured

Building Area SourceMeasured

Title 5

Exclusions

Disclosures

Financial Data SourceEstimated

Total Gross Expenses By Broker$0

Total Gross Income By Broker$160,200

Total Net Income By Broker$160,200

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5

Facilitator Compensation2

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 55 Mount Vernon St, Boston MA 02125

Real Estate Taxes$12,756.65

Tax Year2023

Assessed Value$1,177,000

Financial Data SourceEstimated

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$160,200

BostonRealEstate.com Gross Income

Total Net Income By Broker$160,200

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)6.27%

Location Information for 55 Mount Vernon St, Boston MA 02125

Elementary SchoolClap Innovation

Middle SchoolMccormack

High SchoolExcel High

Neighborhood(s)

MLS AreaDorchester

Area AmenitiesWalk/jog Trails, Conservation Area, House Of Worship, Public School, Shopping, Golf, Park, Medical Facility, Laundromat, Bike Path, Public Transportation, T-station, Tennis Court(s), Marina, University

Contact Information for 55 Mount Vernon St, Boston MA 02125

Agent

Name: Eric W. Johnson

Office

Name: Compass

Phone: 617-206-3333

Team Members

Name: Mission Realty Advisors

Phone: 617-942-1609

Payment Calculator

, Interest

Property Taxes 1063.05

Principal & Interest 14479.95

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Compass

Eric W. Johnson

Agent Phone

Office Phone

(617) 206-3333

Text Agent Call Agent Call Office

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EXIT

Closed

55 Mount Vernon St, Boston MA 02125

$2,350,000

Annual Expenses for 55 Mount Vernon St, Boston MA 02125

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General Information for 55 Mount Vernon St, Boston MA 02125

Disclosures for 55 Mount Vernon St, Boston MA 02125

Financial Information for 55 Mount Vernon St, Boston MA 02125

Location Information for 55 Mount Vernon St, Boston MA 02125

Contact Information for 55 Mount Vernon St, Boston MA 02125

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Eric W. Johnson