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58-60 Woodlawn Street, Boston MA 02130

$1,777,000

Estimated $3,930.13/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $592,333.33

Total Rent: 129600/year

Estimated CAP Rate: 6.59%

11 Bedrooms

3 Full, 3 Half Baths

3,135 SqFt

Total Parking: 8

5,662 SqFt

Renovated 3-family plus extra lot! Recently built back porches very quiet street JP location adjacent to newly renovated Forest Hills T hub (Orange line). Nicely renovated charming property. ALREADY LEASED THROUGH AUG 2024!! with increases starting 9/1 to $11,310.! 100% turnkey with room to grow. Listed expenses include W&S, RE tax, snow, pub electric & insurance. Well-kept & managed, HW floors, private back balconies, updated kitchens and bathrooms, newer appliances, all units have own W/D. High walk score for transit, restaurants, shops and services plus nearby new greenway with biking/walking path. Walk-out level basement for potential expansion, 6 to 8 car paring on BONUS EXTRA LOT 56 Woodlawn included in sale price with development potential see condo development across the St @ 55 Woodlawn! Buyers to do own due diligence on potential development. 9/1/23 all 3 leases in place for $11,310!

This home has been viewed 23 times

Last Checked: May 7th, 2024 at 9:11am (Source: MLS PIN #73071824)

Gross Income: $129,600

Gross Expenses: $12,584

Net Income Calc: $117,016

CAP Rate: 6.59%

Annual Expenses for 58-60 Woodlawn Street, Boston MA 02130

Total Gross Expenses (Calculated)$12,584/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$12,584.70

Annual Income & Unit Breakdown for 58-60 Woodlawn Street, Boston MA 02130

Total Gross Income (Calculated)$129,600

Unit 1

Rental Income$2,950

LeaseY

Bedrooms3

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$3,750

LeaseY

Bedrooms4

Bathrooms1 Full, 1 Half

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$4,100

LeaseY

Bedrooms4

Bathrooms1 Full, 1 Half

Floor3

Levels in Unit1

HeatingNo

Rent Includes

General Information for 58-60 Woodlawn Street, Boston MA 02130

Listing ID73071824

Property TypeMulti Family / 3 Family

Price$1,777,000 ($566.83/SqFt)

Style3 Family

CityBoston

CountySuffolk

MLS AreaJamaica Plain

Neighborhood(s)

Approximate Living Area Total3,135 SqFt

Approximate Lot Size (Acres)0.13 acres

Total Parking8

Garage Parking

Year Built1905

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesSloped

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningCD

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 58-60 Woodlawn Street, Boston MA 02130

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area DisclosureDoes not include lower level walk out basement

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceEstimated

Total Gross Expenses By Broker$16,000

Total Gross Income By Broker$129,600

Total Net Income By Broker$113,600

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation1

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 58-60 Woodlawn Street, Boston MA 02130

Real Estate Taxes$12,584.70

Tax Year2023

Assessed Value$1,163,000

Financial Data SourceEstimated

Total Gross Expenses By Broker$16,000

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$129,600

BostonRealEstate.com Gross Income

Total Net Income By Broker$113,600

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)6.59%

Location Information for 58-60 Woodlawn Street, Boston MA 02130

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaJamaica Plain

Area AmenitiesWalk/jog Trails, Conservation Area, Shopping, Bike Path, Public Transportation, T-station

Contact Information for 58-60 Woodlawn Street, Boston MA 02130

Agent

Name: Steven E. Rosen

Office

Name: Rysen Real Estate

Phone: 781-828-8223

Team Members

Payment Calculator

, Interest

Property Taxes 1048.73

Principal & Interest 10949.31

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Rysen Real Estate

Steven E. Rosen

Agent Phone

Office Phone

(781) 828-8223

Text Agent Call Agent Call Office

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)

EXIT

Withdrawn

58-60 Woodlawn Street, Boston MA 02130

$1,777,000

Annual Expenses for 58-60 Woodlawn Street, Boston MA 02130

Annual Income & Unit Breakdown for 58-60 Woodlawn Street, Boston MA 02130

General Information for 58-60 Woodlawn Street, Boston MA 02130

Disclosures for 58-60 Woodlawn Street, Boston MA 02130

Financial Information for 58-60 Woodlawn Street, Boston MA 02130

Location Information for 58-60 Woodlawn Street, Boston MA 02130

Contact Information for 58-60 Woodlawn Street, Boston MA 02130

Agent

Office

Team Members

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Exclusive Listing Agent

Rysen Real Estate

Steven E. Rosen