Introducing a remarkable investment opportunity nestled in the heart of Dorchester, MA. This turnkey multifamily property, located at 44 Speedwell St, boasts an impressive array of features tailored for both investors seeking a robust addition to their portfolio and those aiming to embark on their real estate investment journey.Property Highlights include:- **Oversized Units:** Three generously sized units, each featuring 3 bedrooms, a living room, dining room, and a fully equipped kitchen. These spacious layouts ensure comfort and appeal to a wide range of tenants. With a total of 18 rooms, 9 bedrooms, and 3 bathrooms spread across the property, space and privacy are abundantly provided for all occupants. Each unit is accentuated with beautiful hardwood floors throughout, adding charm and ease of maintenance. The large pantries offer ample storage, enhancing functionality in each kitchen. Private back decks for each unit offer a peaceful outdoor retreat for tenants to relax.
This home has been viewed 69 times
Last Checked: June 27th, 2024 at 4:18am (Source: MLS PIN #73223733)
Gross Income: $89,880
Gross Expenses: $10,489
Net Income Calc: $79,391
CAP Rate: 6.35%
Annual Expenses for 44 Speedwell St, Boston MA 02122
Total Gross Expenses (Calculated)$10,489/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$10,489
Annual Income & Unit Breakdown for 44 Speedwell St, Boston MA 02122
Total Gross Income (Calculated)$89,880
Unit 1
Rental Income$2,190
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
Unit 2
Rental Income$2,800
LeaseY
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
Unit 3
Rental Income$2,500
LeaseY
Bedrooms3
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
General Information for 44 Speedwell St, Boston MA 02122
Listing ID73223733
Property TypeMulti Family / 3 Family
Price$1,250,000 ($327.57/SqFt)
Style3 Family
CityBoston
CountySuffolk
MLS AreaDorchester
Neighborhood(s)
Approximate Living Area Total3,816 SqFt
Approximate Lot Size (Acres)0.09 acres
Total Parking0
Garage Parking
Year Built1905
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesWooded
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor Space
ZoningR3
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 44 Speedwell St, Boston MA 02122
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$33,600
Total Net Income By Broker$33,600
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 44 Speedwell St, Boston MA 02122
Real Estate Taxes$10,489
Tax Year2024
Assessed Value$962,300
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$33,600
BostonRealEstate.com Gross Income
Total Net Income By Broker$33,600
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)6.35%
Location Information for 44 Speedwell St, Boston MA 02122
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaDorchester
Area AmenitiesWalk/jog Trails, House Of Worship, Park, Bike Path, Public Transportation
Contact Information for 44 Speedwell St, Boston MA 02122