Price Reduction - Golf Course
Address
515 Norfolk St, Boston, MA
Price
$ 1,488,000
Property Attributes
  • MLS#73191910
  • TypeMulti-Family
  • CountySUFFOLK
  • CityBoston
  • AreaMattapan
  • Zip02126
  • Style4 Family
  • Year Built1905
  • Taxes$ 10638
  • Price$ 1,488,000
  • Bedrooms10
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage5237
  • Lot Size0.32 Acres
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description

Introducing an exceptional investment opportunity to acquire a substantially large 4-unit BOSTON property in the heart of Mattapan, sitting on a generous 14,000 sq ft lot! Perfect for an investor or a buyer looking to owner occupy! Situated in a thriving Boston- Mattapan neighborhood with convenient access to public transit and just moments away from Downtown Boston, this building boasts 4 very spacious units, ample on-site parking, garage space, separately metered utilities, and efficient systems. This building is currently a well stabilized cash cow; with significant potential to increase rents and enhance cash flow. The property showcases excellent value with tremendous potential for rent increases. Capitalize on the thriving momentum in Mattapan while unlocking substantial growth potential for the future. Mattapan Square is minutes away & the building is centrally located in one of Boston's most accessible neighborhoods. This is THE premier investment opportunity of the year!

Price History
1/9/2024 Listed $1,575,000
2/6/2024 1% - $1,560,000
2/20/2024 1% - $1,550,000
3/7/2024 4% - $1,499,000
4/22/2024 1% - $1,488,000

General Features

Sewer Public Sewer
Roof Shingle
Zoning R3
Garage Spaces 2
Patio/Porch Features Porch,Deck
Year Built 1905
Property SubType 4 Family
Tax Year 2023
Gross Income 145980
Community Features Public Transportation,Shopping,Pool,Tennis Court(s),Park,Walk/Jog Trails,Golf,Medical Facility,Laundromat,Bike Path,Highway Access,House of Worship,Private School,Public School,T-Station,University
County Suffolk
Net Operating Income 145980
Property Type Residential Income
Garage Y/N Yes
Total Rooms 22
Status Active
Directions GPS
City Boston
Disclosures Buyer & buyer's responsible for doing their own due diligence.
Senior Community Y/N No
Total Units 4
MLS Area Mattapan
Lot Size Square Feet 13797
Waterfront Y/N No
Street Name Norfolk St
Year Built Details Actual
Tax Annual Amount 10638
Home Warranty Y/N No
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 990500
Total Actual Rent 12200
Compensation Based On Net Sale Price
Sub-Agency Relationship Offered No

Interior Features

Basement Full
Total Stories 8
Fireplace Y/N No
Full Baths 4
Total Bedrooms 10
Total Baths 4

Exterior Features

Parking Features Off Street
Lot Features Level
Water Source Public
Total Parking 15
Lot Size Area 0.32
Foundation Details Concrete Perimeter
Spa No
Building Area Total 5237
Lot Size Acres 0.32
Lot Size Units Acres
Covered Spaces 2
Road Frontage Type Public

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 02126

Price
AVG $1.6M
$1.49M
Taxes
AVG $8,646
$10,638
Visits
AVG 300
428
Data Provided by Inside Real Estate®
Year Built
AVG 1939
1905