Price Reduction - Waterfront
Address
101 Chelsea Street, Boston, MA
Price
$ 1,395,000
Property Attributes
- MLS#73203640
- TypeContingent
- CountySUFFOLK
- CityBoston
- AreaEast Boston
- Zip02128
- Style3 Family
- Year Built1910
- Taxes$ 12161
- Price$ 1,395,000
- Bedrooms8
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage2780
- Lot Size2,178 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
Investment Opportunity in East Boston! Discover convenience and comfort at 101 Chelsea Street. This meticulously maintained condo-quality 3-family residence is your ticket to hassle-free rental income. With all the hard work already done and countless updates throughout, there's nothing left for you to do but start collecting rents.Featuring hardwood floors, granite countertops, stainless steel appliances, and central air conditioning, each unit offers modern amenities for discerning tenants. What's more, rest easy knowing that all units come with a de-leading letter of compliance. Located in vibrant E. Boston, this property boasts proximity to E. Boston Memorial Park, and sits equidistant between Airport Station and Maverick on the Blue Line, ensuring effortless commuting. Enjoy quick access to Route 1 and Route 90, along with being just blocks away from East Boston's stunning waterfront. Plus, with Boston proper just a breeze away, this is an investment you don't want to miss!
| Price History | |
|---|---|
| 2/20/2024 | Listed $1,500,000 |
| 3/20/2024 | 5% - $1,425,000 |
| 4/5/2024 | 3% - $1,395,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Utilities | for Gas Range |
| Roof | Rubber |
| Zoning | 3 family |
| Construction Materials | Frame |
| Year Built | 1910 |
| Electric | 220 Volts |
| Property SubType | 3 Family |
| Tax Year | 2023 |
| Gross Income | 115800 |
| Waterfront Features | Beach Front,1/10 to 3/10 To Beach |
| Community Features | Public Transportation,Shopping,Park,Walk/Jog Trails,Medical Facility,Laundromat,Conservation Area,Highway Access,House of Worship,Marina,Public School,T-Station,University,Other |
| County | Suffolk |
| Net Operating Income | 92781 |
| Operating Expense | 23019 |
| Insurance Expense | 3900 |
| Property Type | Residential Income |
| Contingency | Pending P&S |
| Garage Y/N | No |
| Total Rooms | 14 |
| Status | Contingent |
| Directions | GPS |
| City | Boston |
| Disclosures | Rents are for the renewal price. If tenants do not renew then rents are $3100,$3595,$3595. Client gives the existing tenants a little discount off market rents. Current rents are $2750,$3275 & $3000 |
| Senior Community Y/N | No |
| Total Units | 3 |
| MLS Area | East Boston |
| Lot Size Square Feet | 2000 |
| Waterfront Y/N | No |
| Street Name | Chelsea Street |
| Year Built Details | Approximate |
| Tax Annual Amount | 12161 |
| Electric Expense | 400 |
| Home Warranty Y/N | No |
| Water Sewer Expense | 1650 |
| Building Area Units | Square Feet |
| Standard Status | Active Under Contract |
| Year Built Source | Public Records |
| Tax Assessed Value | 1132300 |
| Total Actual Rent | 9650 |
| Compensation Based On | Net Sale Price |
| Sub-Agency Relationship Offered | No |
Interior Features
| Basement | Interior Entry |
|---|---|
| Flooring | Wood |
| Total Stories | 6 |
| Window Features | Insulated Windows,Storm Window(s) |
| Fireplace Y/N | No |
| Full Baths | 3 |
| Total Bedrooms | 8 |
| Total Baths | 3 |
Exterior Features
| Parking Features | Other |
|---|---|
| Lot Features | Other |
| Water Source | Public |
| Lot Size Area | 0.05 |
| Foundation Details | Brick/Mortar |
| Spa | No |
| Building Area Total | 2780 |
| Lot Size Acres | 0.05 |
| Lot Size Units | Acres |
| Door Features | Insulated Doors |
| 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 Contingent Average in 02128
Price
Visits
Year Built
Massachusetts MLS Property Info Network (MLSPIN) - 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
