Do not miss this opportunity to own this Home or create a unique investment prop/condo conversion near LOWER MILLS/MATTAPAN AREA. Large 2 Family Home on MORTON ST ! Used as a large family home for decades and worth the wait for its new owners and next chapter!! Multiple oppo...
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Last Checked: November 23rd, 2024 at 5:19am (Source: MLS PIN #73258038)
Gross Income: $147,588
Gross Expenses: $9,326
Net Income Calc: $138,262
CAP Rate: 14.56%
Annual Expenses for 1087 Morton St, Boston MA 02126
Total Gross Expenses (Calculated)$9,326/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$9,326
Annual Income & Unit Breakdown for 1087 Morton St, Boston MA 02126
Total Gross Income (Calculated)$147,588
Unit 1
Rental Income$2,300
LeaseY
Bedrooms2
Bathrooms2 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water)
Unit 2
Rental Income$9,999
LeaseN
Bedrooms3
Bathrooms3 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water)
General Information for 1087 Morton St, Boston MA 02126
Listing ID73258038
Property TypeMulti Family / 2 Family
Price$949,723 ($302.94/SqFt)
Style2 Family - 2 Units Up/down
CityBoston
CountySuffolk
MLS AreaMattapan
Neighborhood(s)
Approximate Living Area Total3,135 SqFt
Approximate Lot Size (Acres)0.23 acres
Total Parking8 (2 Garage)
Garage Parking2 / Detached
Year Built1935
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsBrick, Stone
Lot FeaturesCorner Lot
Foundation Area999999999999999
Foundation DescriptionConcrete Perimeter,Stone
Accessible Features
Outdoor Space
ZoningR2
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy FeaturesThermostat
Terms
Disclosures for 1087 Morton St, Boston MA 02126
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area DisclosureFINISHED BASEMENT POTENTIAL FOR IN LAWS
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$27,600
Total Net Income By Broker$27,600
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2%
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnCompensation Offered But Not In Mls
Financial Information for 1087 Morton St, Boston MA 02126
Real Estate Taxes$9,326
Tax Year2024
Assessed Value$868,900
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$27,600
BostonRealEstate.com Gross Income
Total Net Income By Broker$27,600
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)14.56%
Location Information for 1087 Morton St, Boston MA 02126
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaMattapan
Area AmenitiesWalk/jog Trails, Conservation Area, Highway Access, House Of Worship, Public School, Shopping, Golf, Park, Medical Facility, Laundromat, Bike Path, Public Transportation, T-station, Pool, Tennis Court(s), Marina, Private School, University, Sidewalks
Contact Information for 1087 Morton St, Boston MA 02126