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58 Prince St

Boston, MA 02113
  • $3,750,000
  • STATUS: Active
  • MLS #: 72909161
UPDATED: 56 min ago
$3,750,000
  • 11
    BEDS
  • 0.03
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
  • 4,665
    SQFT
  • $804
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1920
County:
Area:

School Ratings & Info

Listing courtesy of Giancarlo Tiberi of Core Property Group, Llc.

Description

~$100K Price Drop - Motivated sellers~****RARE NORTH END EIGHT UNIT INVESTMENT OPPORTUNITY**** Offering a EIGHT unit TURN KEY NORTH END rental property. Comprised of (3) Two bedroom One bath units, & (5) One bedroom one bath units. Pro- forma rents are $18,500 per month - $222 K per Year. Building is professionally managed and has been well maintained. Fantastic layouts. Ideal for investors who want to purchase an income generating asset in an area with historically scarce inventory. Perfect for a 1031 Tax Exchange or anyone looking to take advantage of low rates and secure a fabulous investment in Bostons North End. ROCK SOLID INVESTMENT. Excellent Location near North Station, Downtown Boston, the Financial District & all major transportation points. PRE-APPROVAL NEEDED TO SCHEDULE A SHOWING. BUILDING SOLD AS IS.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2021-12-05T15:08:21.443.
www.parrottrealtygroup.com/homes/122417689
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58 Prince St Boston, MA 02113

  • Price: $3,750,000
  • Status: Active
  • On Site: Days
  • Updated: 56 min ago
  • MLS #: 72909161
11
Beds
8
Baths
0
½ Baths
0.03
Acres
4,665
SQFT
$804
$/SQFT
1920
Built
Neighborhood:
North End
County:
Suffolk
Area:
North End
Property Description
~$100K Price Drop - Motivated sellers~****RARE NORTH END EIGHT UNIT INVESTMENT OPPORTUNITY**** Offering a EIGHT unit TURN KEY NORTH END rental property. Comprised of (3) Two bedroom One bath units, & (5) One bedroom one bath units. Pro- forma rents are $18,500 per month - $222 K per Year. Building is professionally managed and has been well maintained. Fantastic layouts. Ideal for investors who want to purchase an income generating asset in an area with historically scarce inventory. Perfect for a 1031 Tax Exchange or anyone looking to take advantage of low rates and secure a fabulous investment in Bostons North End. ROCK SOLID INVESTMENT. Excellent Location near North Station, Downtown Boston, the Financial District & all major transportation points. PRE-APPROVAL NEEDED TO SCHEDULE A SHOWING. BUILDING SOLD AS IS.
Exterior Features

Beachfront No Foundation Other (See Remarks) Lot Description Other (See Remarks) Parking Spaces 0 Waterfront Flag No Waterview Flag No

Interior Features

Basement Yes Basement Features Partial Bedrooms Unit1 1 Bedrooms Unit2 1 Cooling Units 0 Cooling Zones 0 Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Floors Unit1 1 Floors Unit2 1 Full Baths Unit1 1 Full Baths Unit2 1 Half Baths Unit1 0 Half Baths Unit2 0 Heat Units 0 Heat Zones 0 Levels 4 Levels Unit1 1 Levels Unit2 1 Rooms 4 Rooms Unit1 2 Rooms Unit2 2

Property Features

Apod Available Yes Assessments 999.00 Disclosure No Expenses Source Estimated Gross Operating Income 189600 Lead Paint Unknown Lease Unit1 Y Lease Unit2 Y Lender Owned No Multifamily Type 5-9 Family Net Operating Income 156518 Rent Unit1 0 Rent Unit2 0 Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Disclosures Total Area: 4665 Sqft Per Public Record. Buyers To Do Any And All Diligence. Sq Ft Source Public Record Tax Year 2021 Taxes 14982.00 Water City/Town Water Year Built Description Approximate Year Built Source Public Record Zoning Res

Listing information © 2021 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Giancarlo Tiberi of Core Property Group, Llc.


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2021-12-05T15:08:21.443.
 
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Listing courtesy of Giancarlo Tiberi of Core Property Group, Llc.