Presenting 12 Ashland Street, in historic and desirable Clam Point. This stabilized 6 unit multi-family property is a great opportunity for investor looking to increase their portfolio or for someone who may look long term to a condo development. A true pleasure to show, rents were all just brought to $2650 with 4 of the 6 being leased up summer 2024 with new tenants! Just a short 1/2 mile to the Fields Corner Red line and a hop, skip and jump to 93-Expressway. The location is an unmatched and enviable mix of residential areas, parks and access to waterfront along with great, diverse dining options. Experience the charm, convenience and value of this asset for yourself. Reach out to arrange a visit!
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Last Checked: December 11th, 2024 at 5:19am (Source: MLS PIN #73299401)
Gross Income: $127,200
Gross Expenses: $8,461
Net Income Calc: $118,739
CAP Rate: 4.48%
Beach Front
Annual Expenses for 12 Ashland St, Boston MA 02122
Total Gross Expenses (Calculated)$8,461/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$8,461
Annual Income & Unit Breakdown for 12 Ashland St, Boston MA 02122
Total Gross Income (Calculated)$127,200
Unit 1
Rental Income$2,650
LeaseY
Bedrooms2
Bathrooms
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$2,650
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$2,650
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 4
Rental Income$2,650
LeaseY
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
General Information for 12 Ashland St, Boston MA 02122
Listing ID73299401
Property TypeMulti Family / 5+ Family
Price$2,650,000 ($492.93/SqFt)
Style5-9 Family
CityBoston
CountySuffolk
MLS Area
Neighborhood(s)
Approximate Living Area Total5,376 SqFt
Approximate Lot Size (Acres)0.09 acres
Total Parking0
Garage Parking
Year Built1910
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesCorner Lot
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor Space
ZoningR4
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront FeaturesBay, Ocean, Beach Front, Beach Ownership(public), 3/10 To 1/2 Mile To Beach
Energy Features
Terms
Disclosures for 12 Ashland 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$159,000
Total Net Income By Broker$159,000
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 12 Ashland St, Boston MA 02122
Real Estate Taxes$8,461
Tax Year2024
Assessed Value$776,200
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$159,000
BostonRealEstate.com Gross Income
Total Net Income By Broker$159,000
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)4.48%
Location Information for 12 Ashland St, Boston MA 02122
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesPublic Transportation
Contact Information for 12 Ashland St, Boston MA 02122