Price Reduction - Views
Address
240 Parker Hill Ave, Boston, MA
Price
$ 1,795,000
Property Attributes
  • MLS#73224019
  • TypeContingent
  • CountySUFFOLK
  • CityBoston
  • AreaMission Hill
  • Zip02120
  • Style2 Family - 2 Units Up/Down
  • Year Built1930
  • Taxes$ 16985
  • Price$ 1,795,000
  • Bedrooms8
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2851
  • Lot Size3,920 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description

Prime Investment Opportunity in Mission Hill: Step into the vibrant Mission Hill real estate market with this fully renovated 2-family gem. Each unit exudes modern elegance with hardwood floors, granite countertops, and stainless steel appliances. The first-floor apartment offers 4 beds/2 baths with convenient rear access to parking, while the second unit spans two levels, featuring another 4 beds/2 baths and a charming 3rd-floor bonus space. Strategically situated across from McLaughlin Park and within close proximity to Longwood Medical, Northeastern, and other universities, as well as the Green D-Line, this property boasts unmatched convenience and desirability. With abundant basement storage, additional income from coin-op laundry and parking, and a projected rent roll of $9,775/month starting on 9/1, this turnkey investment promises a solid return on investment. Seize the opportunity to own a piece of this highly sought-after community today.

Price History
4/15/2024 Listed $1,845,000
4/30/2024 3% - $1,795,000

General Features

Sewer Public Sewer
Utilities for Gas Range,for Gas Dryer,Washer Hookup
Roof Shingle
Zoning R2
Patio/Porch Features Enclosed
Construction Materials Frame
Year Built 1930
Electric 220 Volts
View City View(s),City
Property SubType 2 Family - 2 Units Up/Down
Tax Year 2024
Gross Income 119700
Community Features Public Transportation,Shopping,Tennis Court(s),Park,Walk/Jog Trails,Medical Facility,Bike Path,Conservation Area,House of Worship,Public School,T-Station,University
County Suffolk
Net Operating Income 116875
Operating Expense 2824
Property Type Residential Income
Contingency Pending P&S
Garage Y/N No
Other Structures Shed(s)
Total Rooms 13
Status Contingent
Directions Huntington Ave -> Parker Hill Ave | Across from McLaughlin Park
City Boston
Disclosures Property sold as-is and has been managed for the last 7 years by a local management company.
View Y/N Yes
Senior Community Y/N No
Total Units 2
MLS Area Mission Hill
Lot Size Square Feet 3725
Waterfront Y/N No
Street Name Parker Hill Ave
Year Built Details Actual
Tax Annual Amount 16985
Electric Expense 890
Home Warranty Y/N No
Water Sewer Expense 1934
Building Area Units Square Feet
Standard Status Active Under Contract
Year Built Source Public Records
Tax Assessed Value 1558300
Total Actual Rent 9775
Compensation Based On Net Sale Price
Sub-Agency Relationship Offered No

Interior Features

Basement Full,Walk-Out Access,Interior Entry,Concrete,Unfinished
Total Stories 3
Fireplace Y/N No
Full Baths 4
Laundry Features Gas Dryer Hookup,Washer Hookup
Total Bedrooms 8
Total Baths 4

Exterior Features

Parking Features Paved Drive,Shared Driveway,Off Street,On Street
Lot Features Gentle Sloping
Water Source Public
Total Parking 1
Lot Size Area 0.09
Foundation Details Concrete Perimeter
Spa No
Building Area Total 2851
Lot Size Acres 0.09
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 Contingent Average in 02120

Price
AVG $1.72M
$1.8M
Taxes
AVG $16,705
$16,985
Visits
AVG 122
191
Data Provided by Inside Real Estate®
Year Built
AVG 1900
1930