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49 Charles Street, Boston MA 02116

$2,749,999

Estimated $7,675.78/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $1,374,999.50

Total Rent: 159600/year

Estimated CAP Rate: 4.40%

0 Bedrooms

2 Full, 1 Half Baths

3,200 SqFt

Total Parking: 0

800 SqFt

Own a Piece of History in Beacon Hill! This rare opportunity to own a building in one of Boston's most historic and sought-after neighborhoods is not to be missed. Surrounded by rich history and stunning architecture, this well-maintained four-level property offers both charm and excellent income potential. The first floor features a storefront with direct access from Charles Street, perfect for attracting foot traffic. On the second floor, you'll find a well-kept 3-room, 1-bed, 1-bath rental unit, offering comfortable living in a prime location. The third and fourth floors house a spacious 5-room, 2-bed, 1.5-bath unit spread over two levels, complete with fireplaces and hardwood floors that enhance the character of the space. Just outside your door, an array of shops, restaurants, the Green Line T stop, the iconic Boston Common, the Charles River, and the renowned MGH hospital await. Don’t miss your chance to own a remarkable building in one of Boston’s most historic neighborhoods.

This home has been viewed 60 times

Last Checked: December 18th, 2024 at 5:18am (Source: MLS PIN #73285133)

Gross Income: $159,600

Gross Expenses: $38,600

Net Income Calc: $121,000

CAP Rate: 4.40%

Annual Expenses for 49 Charles Street, Boston MA 02116

Total Gross Expenses (Calculated)$38,600/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$38,600

Annual Income & Unit Breakdown for 49 Charles Street, Boston MA 02116

Total Gross Income (Calculated)$159,600

Unit 1

Rental Income$2,600

LeaseN

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$3,700

LeaseN

Bedrooms2

Bathrooms1 Full, 1 Half

Floor3

Levels in Unit2

HeatingNo

Rent Includes

General Information for 49 Charles Street, Boston MA 02116

Listing ID73285133

Property TypeMulti Family / 2 Family

Price$2,749,999 ($859.37/SqFt)

Style2 Family - 2 Units Up/down

CityBoston

CountySuffolk

MLS Area

Neighborhood(s)

Approximate Living Area Total3,200 SqFt

Approximate Lot Size (Acres)0.02 acres

Total Parking0

Garage Parking

Year Built1899

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesOther

Foundation Area

Foundation DescriptionStone,Brick/Mortar

Accessible Features

Outdoor Space

Zoning0031 RC

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 49 Charles Street, Boston MA 02116

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$47,900

Total Gross Income By Broker$159,600

Total Net Income By Broker$109,880

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 49 Charles Street, Boston MA 02116

Real Estate Taxes$38,600

Tax Year2024

Assessed Value$1,838,100

Financial Data Source

Total Gross Expenses By Broker$47,900

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$159,600

BostonRealEstate.com Gross Income

Total Net Income By Broker$109,880

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)4.40%

Location Information for 49 Charles Street, Boston MA 02116

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 49 Charles Street, Boston MA 02116

Agent

Name: Patrick Reagan

Office

Name: Boston City Properties

Phone: 617-247-1933

Team Members

Name: Marissa Amin

Phone: 617-750-7075

Payment Calculator

, Interest

Property Taxes 3216.67

Principal & Interest 16944.62

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Boston City Properties

Patrick Reagan

Agent Phone

Office Phone

(617) 247-1933

Text Agent Call Agent Call Office

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                )

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                )

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                )

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                )

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                )

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                )

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                )

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                )

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                )

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                    [index] => 31
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                )

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                    [index] => 32
                    [enabled] => 1
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                    [modified] => 2024-12-18 05:18:59
                )

[32] => Array
                (
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                )

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                )

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                )

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                    [index] => 36
                    [enabled] => 1
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                    [modified] => 2024-12-18 05:18:59
                )

)

)

EXIT