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16-18 Fernboro Street

Boston, MA 02121
  • $2,750,000
  • STATUS: Active
  • MLS #: 73098769
$2,750,000
  • 26
    BEDS
  • 0.12
    ACRES
  • 12
    BATHS
  • 0
    1/2 BATHS
  • 8,334
    SQFT
  • $330
    $/SQFT
Type:
Multi-Family
Built:
1900
County:

School Ratings & Info

Listing courtesy of Crystal Kavanaugh of Lamacchia Realty, Inc..

Description

PRICE REDUCTION, MOTIVATED SELLER - Here is your opportunity to own a 6-UNIT investment property in BOSTON. The chance to expand your portfolio is now. This property holds its unique character with exquisite exterior moldings and boasts luxury up-to-date modernization.26 BEDROOMS & 12 BATHROOMS! Each bedroom is rented out individually bringing in an excess amount of income. Recent renovations include - Vinyl siding, new windows, doors, trim, insulation, light fixtures, 6 new Navien heating systems, plumbing, electrical, fire. ALL Units remodeled, to include kitchen with granite/quartz counter tops, stainless steel appliances, all new flooring, lighting, and 2 renovated full bathrooms with custom tile showers in EACH UNIT. Driveway to rear parking - YES rear parking is included. Pre-Approved & Cash Buyers Welcome. Deeded as TWO - 3 family properties.Seller reserves right to accept an offer anytime.THIS IS AN OPPORTUNITY YOU DO NOT WANT TO MISS!

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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 2023-09-25T00:03:37.6.
www.coastalnewenglandproperties.com/homes/138541014
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16-18 Fernboro Street Boston, MA 02121

  • Price: $2,750,000
  • Status: Active
  • On Site: Days
  • MLS #: 73098769
26
Beds
12
Baths
0
½ Baths
0.12
Acres
8,334
SQFT
$330
$/SQFT
1900
Built
County:
Suffolk
Property Description
PRICE REDUCTION, MOTIVATED SELLER - Here is your opportunity to own a 6-UNIT investment property in BOSTON. The chance to expand your portfolio is now. This property holds its unique character with exquisite exterior moldings and boasts luxury up-to-date modernization.26 BEDROOMS & 12 BATHROOMS! Each bedroom is rented out individually bringing in an excess amount of income. Recent renovations include - Vinyl siding, new windows, doors, trim, insulation, light fixtures, 6 new Navien heating systems, plumbing, electrical, fire. ALL Units remodeled, to include kitchen with granite/quartz counter tops, stainless steel appliances, all new flooring, lighting, and 2 renovated full bathrooms with custom tile showers in EACH UNIT. Driveway to rear parking - YES rear parking is included. Pre-Approved & Cash Buyers Welcome. Deeded as TWO - 3 family properties.Seller reserves right to accept an offer anytime.THIS IS AN OPPORTUNITY YOU DO NOT WANT TO MISS!
Exterior Features

Construction Materials Frame Covered Spaces 0 Exterior Features Deck - Vinyl Garage YN No Lot Features Easements Open Parking YN Yes Parking Features Paved DrivePaved Parking Total 6 Patio And Porch Features Deck - Vinyl Road Frontage Type Public Roof Rubber Spa YN No Waterfront YN No

Interior Features

Appliances Unit 1(RangeDishwasherMicrowaveRefrigerator)Unit 2(RangeDishwasherMicrowaveRefrigerator)Unit 3(RangeDishwasherMicrowaveRefrigerator)Unit 4(RangeDishwasherMicrowaveRefrigerator) Basement FullUnfinished Building Area Total 8334 Fireplace YN No Fireplaces Total 0 Flooring VinylLaminate Foundation Details Stone Heat Units 6 Heat Zones 6 Heating Unit 2(Hot Water BaseboardElectric)Unit 3(Electric BaseboardElectric)Unit 4(Electric BaseboardElectric) Heating YN Yes Interior Features Other (See Remarks) Lead Paint Unknown Rooms Total 35 Window Features Insulated Windows

Property Features

Buyer Agency Compensation 2 Community Features Public Transportation Disclosures Easement For Driveway Access Each Bedroom is Rented individually At $1325-$1350 - Includes Boston Housing & Student Programsrooms Rented Via Lease.Gross And Net Based On All Rooms Rented And Estimated Expenses. Electric Circuit Breakers200+ Amp Service Exclusions Tenants Personal Property Gross Income 417600 Home Warranty YN No Insurance Expense 7100 Listing Terms Contract Net Operating Income 372400 Operating Expense 21200 Property Sub Type 5-9 Family Rent Includes Unit 1(HeatElectricHot Water)Unit 3(HeatElectricWaterHot Water)Unit 4(HeatElectricWaterHot Water) Senior Community YN No Sewer Public Sewer Tax Annual Amount 15892 Tax Year 2023 Total Actual Rent 32767 Transaction Broker Compensation 1 Water Sewer Expense 5100 Water Source Public Year Built Details ActualRenovated Since Zoning R3

Listing information © 2023 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Crystal Kavanaugh of Lamacchia Realty, Inc.: 508-557-0366.


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 2023-09-25T00:03:37.6.
 
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Kinlin Grover Compass
45 Court Street
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Listing courtesy of Crystal Kavanaugh of Lamacchia Realty, Inc..