Package sale of two condo units in a boutique building just steps from Berklee College of Music. The residential unit 2 (2nd floor) is leased through 8/31/2025 at $6,500/month and features approximately 1,695 sq ft with 5 bedrooms, 2 full bathrooms, and a spacious open-conce...
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Last Checked: June 10th, 2025 at 5:53am (Source: MLS PIN #73386393)
Gross Income: $168,000
Gross Expenses: $28,340
Net Income Calc: $139,660
CAP Rate: 4.51%
Annual Expenses for 179 Massachusetts Ave,2&3, Boston MA 02115
Total Gross Expenses (Calculated)$28,340/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$28,340.58
Annual Income & Unit Breakdown for 179 Massachusetts Ave,2&3, Boston MA 02115
Total Gross Income (Calculated)$168,000
Unit 1
Rental Income$6,500
LeaseY
Bedrooms5
Bathrooms2 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$7,500
LeaseY
Bedrooms4
Bathrooms2 Full
Floor3
Levels in Unit1
HeatingNo
Rent Includes
General Information for 179 Massachusetts Ave,2&3, Boston MA 02115
Listing ID73386393
Property TypeMulti Family / 2 Family
Price$3,100,000 ($906.17/SqFt)
Style2 Family - 2 Units Up/down
CityBoston
CountySuffolk
MLS Area
Neighborhood(s)
Approximate Living Area Total3,421 SqFt
Approximate Lot Size (Acres)0.23 acres
Total Parking4 (2 Garage)
Garage Parking2 / Detached
Year Built1910
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesEasements
Foundation Area
Foundation DescriptionBrick/Mortar
Accessible Features
Outdoor Space
ZoningNS2
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 179 Massachusetts Ave,2&3, Boston MA 02115
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$168,000
Total Net Income By Broker$168,000
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 179 Massachusetts Ave,2&3, Boston MA 02115
Real Estate Taxes$28,340.58
Tax Year2024
Assessed Value$2,575,300
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$168,000
BostonRealEstate.com Gross Income
Total Net Income By Broker$168,000
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)4.51%
Location Information for 179 Massachusetts Ave,2&3, Boston MA 02115
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 179 Massachusetts Ave,2&3, Boston MA 02115