Prime trophy huge LEGAL 4-UNIT 13 bed 5 bath Savin Hill area building located in a superb Boston/Dorchester neighborhood. This building has (2) 4 beds (1) 3 beds (1) 2 bed. Comes with a large parking lot! Perfect opportunity for a portfolio investment addition, 1031 EXCHANGE, or a great owner occupant opportunity. This building has new systems, central air and heat, laundry hook-ups, young rubber roof, sprinkler system, spacious bedrooms, & renovated units. GROSS ANNUAL RENT POTENTIAL OF $174,000. Located minutes to the Savin Hill Red Line T Station and easy commute to Downtown Boston & highway I-93. Parking for multiple cars on site! Come & make this property yours as this is definitely a winner!
This home has been viewed 169 times
Last Checked: March 11th, 2025 at 4:19am (Source: MLS PIN #73314034)
Gross Income: $145,020
Gross Expenses: $14,322
Net Income Calc: $130,698
CAP Rate: 5.81%
Annual Expenses for 62 Hecla St, Boston MA 02122
Total Gross Expenses (Calculated)$14,322/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$14,322
Annual Income & Unit Breakdown for 62 Hecla St, Boston MA 02122
Total Gross Income (Calculated)$145,020
Unit 1
Rental Income$2,885
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$2,800
LeaseN
Bedrooms4
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$3,900
LeaseN
Bedrooms4
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingNo
Rent Includes
Unit 4
Rental Income$2,500
LeaseN
Bedrooms2
Bathrooms2 Full
Floor4
Levels in Unit1
HeatingNo
Rent Includes
General Information for 62 Hecla St, Boston MA 02122
Listing ID73314034
Property TypeMulti Family / 4 Family
Price$2,250,000 ($497.79/SqFt)
Style4 Family
CityBoston
CountySuffolk
MLS AreaDorchester
Neighborhood(s)
Approximate Living Area Total4,520 SqFt
Approximate Lot Size (Acres)0.08 acres
Total Parking5
Garage Parking
Year Built1890
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesLevel
Foundation Area
Foundation DescriptionConcrete Perimeter
Accessible Features
Outdoor SpacePorch
ZoningR3
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 62 Hecla 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$145,020
Total Net Income By Broker$145,020
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2%
Facilitator Compensation2%
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 62 Hecla St, Boston MA 02122
Real Estate Taxes$14,322
Tax Year2024
Assessed Value$1,313,900
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$145,020
BostonRealEstate.com Gross Income
Total Net Income By Broker$145,020
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)5.81%
Location Information for 62 Hecla St, Boston MA 02122
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaDorchester
Area AmenitiesWalk/jog Trails, 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
Contact Information for 62 Hecla St, Boston MA 02122