Address
891-893 E Broadway, Boston, MA
Price
$ 1,975,000
Property Attributes
  • MLS#73199434
  • TypeMulti-Family
  • CountySUFFOLK
  • CityBoston
  • AreaSouth Boston
  • Zip02127
  • StyleMulti Family
  • Year Built1900
  • Taxes$ 18238
  • Price$ 1,975,000
  • Bedrooms9
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage3087
  • Lot Size3,485 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description

The Property consists of a 2-story building containing 2 residential units comprised of (1) 5-Bedroom/2-Bathroom duplex unit and (1) 3.5-Bedroom/1-Bathroom unit. The extensively renovated, direct entry units feature condo quality finishes including brand new kitchens with quartz counter tops, white shaker cabinets, stainless-steel appliances, in-unit laundry, hardwood and vinyl plank flooring, tile kitchens and bathrooms. Both units also have private rear decks in addition to a large backyard. The property features a newly painted exterior, new electrical service featuring 100amp service to each unit, Navien on-demand tankless hot water as well as brand new HVAC systems and new windows. Additionally, the finished basement features a new sprinkler system. The desirable building is individually metered for heat, cooling, hot water and electricity which the tenants pay directly. The subject property is ideal for a potential buyer looking for income growth and investment returns.

Price History
2/5/2024 Listed $2,000,000
3/7/2024 2% - $1,975,000

General Features

Interior Features Office/Den
Sewer Public Sewer
Heating Forced Air,Natural Gas
Cooling Central Air
Roof Shingle,Rubber
Appliances Washer,Dryer
Exterior Features Balcony/Deck
Zoning R2
Patio/Porch Features Covered
Year Built 1900
Electric 100 Amp Service,Individually Metered
Property SubType Multi Family
Tax Year 24
Gross Income 138000
Waterfront Features Beach Front,Bay,1/10 to 3/10 To Beach,Beach Ownership(Public)
Community Features Public Transportation,Shopping,Tennis Court(s),Park,Walk/Jog Trails,Medical Facility,Laundromat,Bike Path,Highway Access,House of Worship,Marina,Private School,Public School,T-Station,Other
County Suffolk
Net Operating Income 108502
Operating Expense 29498
Property Type Residential Income
Garage Y/N No
Rent Includes Unit 1(Water),Unit 2(Water)
Total Rooms 13
Status Active
Directions Summer St to E. Broadway
City Boston
Senior Community Y/N No
Total Units 2
MLS Area South Boston
Lot Size Square Feet 3484
Waterfront Y/N No
Street Name E Broadway
Year Built Details Approximate
Tax Annual Amount 18238
Home Warranty Y/N No
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 1673200
Total Actual Rent 11500
Compensation Based On Net Sale Price
Sub-Agency Relationship Offered No

Interior Features

Basement Full,Finished
Total Stories 3
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Full Baths 3
Total Bedrooms 9
Total Baths 3

Exterior Features

Parking Features On Street
Lot Features Level
Water Source Public
Lot Size Area 0.08
Foundation Details Brick/Mortar
Spa No
Building Area Total 3087
Lot Size Acres 0.08
Lot Size Units Acres
Road Frontage Type Public
Open Parking Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 02127

Price
AVG $2.34M
$1.98M
Taxes
AVG $16,573
$18,238
Visits
AVG 164
274
Data Provided by Inside Real Estate®
Year Built
AVG 1905
1900