Do not miss out on this rare opportunity to own a 2 family in one of Brighton’s premiere neighborhoods located right on the Brookline border! Condo ready with 2 separate deeds offering investors and owner occupants alike an immense amount of flexibility. Open concept floor plans with hardwood floors, oversized windows drenched in natural sunlight, private outdoor space, extra bonus room per floor, laundry on site, 2 brand new Navien combo boilers, and deeded tandem parking that can comfortably fit 4 cars! Seamless proximity to the Green Line, Corey Hill Park, Coolidge Corner, Washington Square and Whole Foods! Currently grossing $5800 a month with leases in place until 8/31/2023 and ample room to improve your rent roll immediately in one of Boston's hottest rental markets in the past 20 years.
This home has been viewed 21 times
Last Checked: May 7th, 2024 at 8:55am (Source: MLS PIN #73103803)
Gross Income: $69,600
Gross Expenses: $10,016
Net Income Calc: $59,584
CAP Rate: 5.01%
Annual Expenses for 227-229 Corey Rd, Boston MA 02135
Total Gross Expenses (Calculated)$10,016/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$10,016
Annual Income & Unit Breakdown for 227-229 Corey Rd, Boston MA 02135
Total Gross Income (Calculated)$69,600
Unit 1
Rental Income$2,650
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$3,150
LeaseY
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
General Information for 227-229 Corey Rd, Boston MA 02135
Listing ID73103803
Property TypeMulti Family / 2 Family
Price$1,189,000 ($471.45/SqFt)
Style2 Family - 2 Units Side By Side
CityBoston
CountySuffolk
MLS AreaBrighton
Neighborhood(s)
Approximate Living Area Total2,522 SqFt
Approximate Lot Size (Acres)0.13 acres
Total Parking4
Garage Parking
Year Built1920
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesOther
Foundation Area
Foundation DescriptionOther
Accessible Features
Outdoor Space
ZoningCM
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 227-229 Corey Rd, Boston MA 02135
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area DisclosureSquare footage is approximate
Building Area SourceOther
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$69,600
Total Net Income By Broker$69,600
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2.0
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnGross/full Sale Price
Financial Information for 227-229 Corey Rd, Boston MA 02135
Real Estate Taxes$10,016
Tax Year2023
Assessed Value$999,999,999
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$69,600
BostonRealEstate.com Gross Income
Total Net Income By Broker$69,600
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)5.01%
Location Information for 227-229 Corey Rd, Boston MA 02135
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaBrighton
Area Amenities
Contact Information for 227-229 Corey Rd, Boston MA 02135