Attention Developers! 10 unit loft style units in Back Bay. Huge open spaces with exposed beams, high ceilings, stainless steel counter tops. Located on Stanhope Street in Back Bay between Clarendon and Berkeley Street. Potential to add floors. Current leases expire 8/31/2023. Please see attached floor plans for layout.
This home has been viewed 18 times
Last Checked: May 7th, 2024 at 12:26pm (Source: MLS PIN #73105818)
Gross Income: $174,300
Gross Expenses: $53,890
Net Income Calc: $120,410
CAP Rate: 0.81%
Annual Expenses for 13-19 Stanhope St, Boston MA 02116
Total Gross Expenses (Calculated)$53,890/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$53,890
Annual Income & Unit Breakdown for 13-19 Stanhope St, Boston MA 02116
Total Gross Income (Calculated)$174,300
Unit 1
Rental Income$3,175
LeaseY
Bedrooms2
Bathrooms2 Full
Floor1
Levels in Unit2
HeatingNo
Rent Includes
Unit 2
Rental Income$3,000
LeaseN
Bedrooms1
Bathrooms2 Full
Floor1
Levels in Unit2
HeatingNo
Rent Includes
Unit 3
Rental Income$5,250
LeaseY
Bedrooms3
Bathrooms2 Full
Floor1
Levels in Unit2
HeatingNo
Rent Includes
Unit 4
Rental Income$3,100
LeaseY
Bedrooms1
Bathrooms2 Full
Floor1
Levels in Unit2
HeatingNo
Rent Includes
General Information for 13-19 Stanhope St, Boston MA 02116
Listing ID73105818
Property TypeMulti Family / 5+ Family
Price$14,900,000 ($1157.91/SqFt)
Style5-9 Family
CityBoston
CountySuffolk
MLS AreaBack Bay
Neighborhood(s)
Approximate Living Area Total12,868 SqFt
Approximate Lot Size (Acres)0.1 acres
Total Parking6
Garage Parking
Year Built1925
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesOther
Foundation Area
Foundation DescriptionBrick/Mortar
Accessible Features
Outdoor Space
ZoningA
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 13-19 Stanhope St, Boston MA 02116
Lead Paint
UFFI
Living Area Includes BasementYes
Living Area DisclosureBuyer to make all determination on square footage
Building Area SourceMeasured
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$38,100
Total Net Income By Broker$38,100
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation1.5
Facilitator Compensation1
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 13-19 Stanhope St, Boston MA 02116
Real Estate Taxes$53,890
Tax Year2023
Assessed Value$5,017,700
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$38,100
BostonRealEstate.com Gross Income
Total Net Income By Broker$38,100
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)0.81%
Location Information for 13-19 Stanhope St, Boston MA 02116
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaBack Bay
Area Amenities
Contact Information for 13-19 Stanhope St, Boston MA 02116