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Closed

87 Oakland St, Boston MA 02135

$999,999

Estimated $2,544.82/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $499,999.50

Total Rent: 61200/year

Estimated CAP Rate: 5.01%

5 Bedrooms

2 Full Baths

2,340 SqFt

Total Parking: 5 (1 Garage)

4,087 SqFt

Wonderful opportunity in Brighton's Oak Square neighborhood. Unit 1 has 2 bedrooms and 1 bath while Unit 2 has 3 bedrooms and 1 bath. Both are currently rented with leases through August 2024. Third floor/attic has great developmental/expansion potential. The basement is unfinished with separate spaces for each unit for storage. Long driveway that leads to a garage and a private back yard. Each unit has their own large back decks perfect for those summer evenings. Great for an investor or owner occupant with potential to expand.

This home has been viewed 33 times

Last Checked: May 31st, 2024 at 4:18am (Source: MLS PIN #73223094)

Gross Income: $61,200

Gross Expenses: $11,080

Net Income Calc: $50,120

CAP Rate: 5.01%

Annual Expenses for 87 Oakland St, Boston MA 02135

Total Gross Expenses (Calculated)$11,080/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$11,080

Annual Income & Unit Breakdown for 87 Oakland St, Boston MA 02135

Total Gross Income (Calculated)$61,200

Unit 1

Rental Income$2,700

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent IncludesUnit 1(water), Unit 2(water)

Unit 2

Rental Income$2,400

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent IncludesUnit 1(water), Unit 2(water)

General Information for 87 Oakland St, Boston MA 02135

Listing ID73223094

Property TypeMulti Family

Price$999,999 ($427.35/SqFt)

StyleMulti Family

CityBoston

CountySuffolk

MLS Area

Neighborhood(s)

Approximate Living Area Total2,340 SqFt

Approximate Lot Size (Acres)0.09 acres

Total Parking5 (1 Garage)

Garage Parking1 / Detached

Year Built1920

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot Features

Foundation Area0

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningR2

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 87 Oakland St, Boston MA 02135

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$60,000

Total Net Income By Broker$60,000

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 87 Oakland St, Boston MA 02135

Real Estate Taxes$11,080

Tax Year2024

Assessed Value$1,016,500

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$60,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$60,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)5.01%

Location Information for 87 Oakland St, Boston MA 02135

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesShopping, Public Transportation

Contact Information for 87 Oakland St, Boston MA 02135

Agent

Name: The Shahani Group

Office

Name: Compass

Phone: 617-752-6845

Team Members

Name: Vinay Modi

Phone: 781-365-9395

Name: Shalini Shahani

Phone: 617-216-1493

Payment Calculator

, Interest

Property Taxes 923.33

Principal & Interest 6161.68

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Compass

The Shahani Group

Agent Phone

Office Phone

(617) 752-6845

Text Agent Call Agent Call Office

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EXIT