LOOK. promising development opportunity for developers, builders, and investors. 1.Project Description: You're offering a fully permitted development project consisting of a three-story building.2.Layout: The street level will have three storefronts and one studio apartment. The second and third floors will each contain four apartments, all featuring two bedrooms and two bathrooms. Additionally, each apartment will have a fireplace.3.Amenities: The building will offer basement storage, a valuable amenity for tenants. On-site parking is provided for every unit, which is a significant selling point.4.Location: The property is in a great location with convenient access to public transportation, shopping, and other amenities.
This home has been viewed 162 times
Last Checked: May 7th, 2024 at 8:47am (Source: MLS PIN #73164261)
Gross Income: $0
Gross Expenses: $10,960
Net Income Calc: $10,960
Annual Expenses for 80-88 Welles Ave, Boston MA 02124
Total Gross Expenses (Calculated)$10,960/year
APOD Available
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax10960
Annual Income & Unit Breakdown for 80-88 Welles Ave, Boston MA 02124
Total Gross Income (Calculated)$0
General Information for 80-88 Welles Ave, Boston MA 02124
Listing ID73164261
Property TypeMulti Family / 5+ Family
Price1590000
Style
CityBoston
CountySuffolk
MLS AreaDorchester's Ashmont
Neighborhood(s)
Approximate Living Area Total0
Approximate Lot Size (Acres)0.13
Total Parking8
Year Built0
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot Features
Foundation Description
Accessible Features
Outdoor Space
ZoningC
Zoning DetailsOther (See Remarks)
Water Views
Water Views Features
Waterfront Features
Terms
Disclosures for 80-88 Welles Ave, Boston MA 02124
Lead Paint
UFFI
Living Area Includes Basement
Living Area Disclosure
Building Area Source
Exclusions.
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation$30,000
Facilitator Compensation$30,000
Compensation Based On
Financial Information for 80-88 Welles Ave, Boston MA 02124
Real Estate Taxes10960
Tax Year2023
Assessed Value$0
Financial Data Source
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 80-88 Welles Ave, Boston MA 02124
Neighborhood(s)
MLS AreaDorchester's Ashmont
Area Amenities
Contact Information for 80-88 Welles Ave, Boston MA 02124