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4 Michigan Ave, Boston MA 02121

$899,000

Estimated $2,005/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $224,750

Total Rent: 63600/year

Estimated CAP Rate:

9 Bedrooms

Baths

3524

Total Parking: 6 (2 Garage)

4,206 (0.10)

Dorchester 3 family with an in-law apartment, ready for your personal touch. The property includes a 4BR/1BA unit, two 2BR/1BA units, and a 1BR in-law apartment. Three units feature hardwood floors and gas heating. Sold as-is, this home is perfect for investors or owner occupants who want a home that needs a little TLC. Unit 3 is currently vacant. Benefit from a 2-car garage, off-street parking, and a coin-operated washer and dryer in the basement. Don't miss this opportunity to transform this investment property into a beautiful, income producing home or asset. No showings until first OH.

This home has been viewed 42 times

Last Checked: May 7th, 2024 at 9:11am (Source: MLS PIN #73108808)

Gross Income: $63,600

Gross Expenses: $6,566

Net Income Calc: $57,034

Water Views

Annual Expenses for 4 Michigan Ave, Boston MA 02121

Total Gross Expenses (Calculated)$6,566/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax6566

Annual Income & Unit Breakdown for 4 Michigan Ave, Boston MA 02121

Total Gross Income (Calculated)$63,600

Unit 1

Rental Income$0

LeaseN

Bedrooms4

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

Rent Includes

Unit 4

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Levels in Unit0

Rent Includes

General Information for 4 Michigan Ave, Boston MA 02121

Listing ID73108808

Property TypeMulti Family / 3 Family

Price899000 ($255.11/SqFt)

Style3 Family

CityBoston

CountySuffolk

MLS AreaDorchester

Neighborhood(s)

Approximate Living Area Total3524

Approximate Lot Size (Acres)0.1

Total Parking6 (2 Garage)

Garage Parking2

Year Built1915

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

ZoningR3

Water ViewsNo

Water Views Features

Waterfront Features

Terms

Disclosures for 4 Michigan Ave, Boston MA 02121

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWasher/Dryer Negotiable

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 Compensation2

Facilitator Compensation0

Compensation Based OnNet Sale Price

Financial Information for 4 Michigan Ave, Boston MA 02121

Real Estate Taxes6566

Tax Year2023

Assessed Value$611,400

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 4 Michigan Ave, Boston MA 02121

Neighborhood(s)

MLS AreaDorchester

Area AmenitiesWalk/jog Trails

Contact Information for 4 Michigan Ave, Boston MA 02121

Agent

Name: Nichols Realty Team

Office

Name: MIG

Phone: 617-651-5406

Payment Calculator

, Interest

Property Taxes 547.17

Principal & Interest 5539.35

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

MIG

Nichols Realty Team

Agent Phone

Office Phone

(617) 651-5406

Text Agent Call Agent Call Office

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EXIT

14 More Photos

Closed

4 Michigan Ave, Boston MA 02121

$899,000

Annual Expenses for 4 Michigan Ave, Boston MA 02121

Annual Income & Unit Breakdown for 4 Michigan Ave, Boston MA 02121

General Information for 4 Michigan Ave, Boston MA 02121

Disclosures for 4 Michigan Ave, Boston MA 02121

Financial Information for 4 Michigan Ave, Boston MA 02121

Location Information for 4 Michigan Ave, Boston MA 02121

Contact Information for 4 Michigan Ave, Boston MA 02121

Agent

Office

Payment Calculator

Exclusive Listing Agent

MIG

Nichols Realty Team