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55 Mount Vernon St, Boston MA 02125

$2,350,000

Estimated $4,874/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $783,333.33

Total Rent: 160200/year

Estimated CAP Rate:

12 Bedrooms

Baths

4149

Total Parking: 0

2,100 (0.05)

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 35 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

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 Tax12756.65

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

Total Gross Income (Calculated)$160,200

Unit 1

Rental Income$0

LeaseY

Bedrooms4

Bathrooms2 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseY

Bedrooms4

Bathrooms2 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseY

Bedrooms4

Bathrooms2 Full

Floor3

Levels in Unit1

Rent IncludesHeat

General Information for 55 Mount Vernon St, Boston MA 02125

Listing ID73112202

Property TypeMulti Family / 3 Family

Price2350000 ($566.4/SqFt)

Style3 Family - 3 Units Up/down

CityBoston

CountySuffolk

MLS AreaDorchester

Neighborhood(s)

Approximate Living Area Total4149

Approximate Lot Size (Acres)0.05

Total Parking0

Garage Parking0

Year Built1905

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor Space

Zoning3F

Water Views

Water Views Features

Waterfront FeaturesRiver

Terms

Disclosures for 55 Mount Vernon St, Boston MA 02125

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceMeasured

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 Compensation2.5

Facilitator Compensation2

Compensation Based OnNet Sale Price

Financial Information for 55 Mount Vernon St, Boston MA 02125

Real Estate Taxes12756.65

Tax Year2023

Assessed Value$1,177,000

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 55 Mount Vernon St, Boston MA 02125

Elementary SchoolClap Innovation

Middle SchoolMccormack

High SchoolExcel High

Neighborhood(s)

MLS AreaDorchester

Area AmenitiesWalk/jog Trails

Contact Information for 55 Mount Vernon St, Boston MA 02125

Agent

Name: Eric W. Johnson

Office

Name: Compass

Phone: 617-206-3333

Payment Calculator

, Interest

Property Taxes 1063.05

Principal & Interest 14479.95

HOA Dues

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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    [unparsed] => 55 Mount Vernon St, Boston MA 02125
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EXIT

39 More Photos

Closed

55 Mount Vernon St, Boston MA 02125

$2,350,000

Annual Expenses for 55 Mount Vernon St, Boston MA 02125

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

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

Agent

Office

Payment Calculator

Exclusive Listing Agent

Compass

Eric W. Johnson