SOUTH END MULTI-UNIT BROWNSTONE ON THE BACK BAY BORDER. Very rare opportunity to own this solid owner occupied park-side building - A true hybrid. Stable high income producer on a deep 4-parking space lot OR convert to a spectacular Triplex + keep additional income units by effortlessly assembling 2 of the 4 units into a triplex/quadruplex 5 bedroom 4 parking!! Front and back face the parks, breathtaking views of Sparrow Park which is directly across the street. All major rooms face the park. Rear decks enjoy Back Bay skyscraper views from this bow back building - exceptional location. Tennis courts in view. Walking corridor spans 8 miles right outside the back door through the planted and maintained Mews. Crisp, clean, & sunny. Only 2 blocks to The Prudential Tower, Star, Whole Foods Market, Copley Place, Newbury Street shops & restaurants. Best of all, a great walking location to downtown via Southwest Corridor Park. 100's of thousands in improvements. See Doc sec. for improve list.
This home has been viewed 24 times
Last Checked: May 7th, 2024 at 8:55am (Source: MLS PIN #73099325)
Gross Income: $179,880
Gross Expenses: $20,506
Net Income Calc: $159,374
CAP Rate: 3.71%
Annual Expenses for 209 W Newton St, Boston MA 02116
Total Gross Expenses (Calculated)$20,506/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$20,506
Annual Income & Unit Breakdown for 209 W Newton St, Boston MA 02116
Total Gross Income (Calculated)$179,880
Unit 1
Rental Income$2,300
LeaseY
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$5,000
LeaseY
Bedrooms2
Bathrooms2 Full
Floor2
Levels in Unit2
HeatingNo
Rent Includes
Unit 3
Rental Income$3,695
LeaseY
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingNo
Rent Includes
Unit 4
Rental Income$3,995
LeaseY
Bedrooms2
Bathrooms1 Full
Floor4
Levels in Unit1
HeatingNo
Rent Includes
General Information for 209 W Newton St, Boston MA 02116
Listing ID73099325
Property TypeMulti Family / 4 Family
Price$4,295,000 ($928.65/SqFt)
Style4 Family - 4 Units Up/down
CityBoston
CountySuffolk
MLS AreaSouth End
Neighborhood(s)
Approximate Living Area Total4,625 SqFt
Approximate Lot Size (Acres)0.05 acres
Total Parking4
Garage Parking
Year Built1899
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot Features
Foundation Area
Foundation DescriptionBrick/Mortar,Granite
Accessible Features
Outdoor Space
ZoningR4
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 209 W Newton St, Boston MA 02116
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area DisclosureSquare footage does not include basement. ALL leas
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceNot Available
Total Gross Expenses By Broker$0
Total Gross Income By Broker$181,080
Total Net Income By Broker$181,080
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2.5
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 209 W Newton St, Boston MA 02116
Real Estate Taxes$20,506
Tax Year2023
Assessed Value$1,909,300
Financial Data SourceNot Available
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$181,080
BostonRealEstate.com Gross Income
Total Net Income By Broker$181,080
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)3.71%
Location Information for 209 W Newton St, Boston MA 02116
Elementary SchoolHigh Parkviews
Middle SchoolSparrow Park
High SchoolExceptional Loc
Neighborhood(s)
MLS AreaSouth End
Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Public School, Shopping, Park, Medical Facility, Bike Path, Public Transportation, T-station, Pool, Tennis Court(s), Private School, University
Contact Information for 209 W Newton St, Boston MA 02116