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You are here:
54 Days on Boston Pads
Price Reduced $305,000
17 Photos
$7,195,000
6 Unit
8 Beds
9 Baths
5700 SQFT
0.04 Acre
51-53 Church St
Boston, MA 02116

Property Description

Calling all investors and/or savvy owners! This 6-unit apartment building is located in the desirable and secluded Bay Village neighborhood, steps from Downtown Boston and everything the city has to offer. There are mix of 1 and 2+ bedroom units featuring amenities such as Wolf/Subzero appliances, modern cabinets, granite counters and islands, open living/dining rooms, spacious bedrooms, high ceilings with surround sound speakers, central AC/Heat, laundry in unit, en-suite and guest baths, hardwood floors, two private roof decks with amazing city views and much more! With a strong rental history and potential for increased income through rent appreciation, this property offers a great opportunity for investors or owner occupants looking to add a lucrative asset to their portfolio. Don't miss out on this turnkey investment opportunity in a prime downtown Boston location!

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 6
  • Total Floors: 9
  • Total Bedrooms: 8
  • Total Full Baths: 8
  • Total Half Baths: 1
  • Amenities: Bike Path, Highway Access, Medical Facility, Park, Private School, Public Transportation, Shopping, T-Station, Walk/Jog Trails
  • Basement Features: Partial
  • Common Interior Features: Bathroom with Shower Stall, Bathroom With Tub, Crown Molding, Intercom, Security System, Tile Floor
  • Common Appliances: Dishwasher - ENERGY STAR, Disposal, Dryer - ENERGY STAR, Microwave, Range, Refrigerator - ENERGY STAR, Vent Hood, Wall Oven, Washer - ENERGY STAR
  • Common Heating: Central Heat, Electric, Forced Air, Oil
  • Common Cooling: Central Air

Financial

  • APOD Available: No
  • Expenses Source: Estimated
  • Gross Operating Income: 336948
  • Gross Expenses: 40000
  • Net Operating Income: 296939

Utilities

  • Electric Info: Other (See Remarks)
  • Water: City/Town Water, Individual Meter, On-Site, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 2

Unit 2 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 2

Unit 3 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 4 Description

  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1899
  • Type: 5-9 Family
  • Construction Type: Brick, Stone/Concrete
  • Foundation Info: Brick, Concrete Block
  • Roof Material: Metal, Rubber
  • Flooring Type: Hardwood, Tile, Wood
  • Lead Paint: None
  • Warranty: No

Other Information

  • MLS ID# 73208300
  • Last Updated: 04/27/24
  • Terms: Other (See Remarks), Special

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
04/23/2024Price Change$7,195,000$1,262MLSPIN
04/20/2024Active$7,280,000$1,277MLSPIN
04/16/2024Price Change$7,280,000$1,277MLSPIN
04/09/2024Active$7,380,000$1,295MLSPIN
04/05/2024Price Change$7,380,000$1,295MLSPIN
03/08/2024Active$7,500,000$1,316MLSPIN
03/04/2024New$7,500,000$1,316MLSPIN

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View Breakdown

Seller's Representative: Jorge Rodriguez, Carlton's Wharf & Co.
Sub Agent Compensation: n/a
Buyer Agent Compensation: 1
Facilitator Compensation: 0
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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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.

MLS PIN data last updated at 2024-04-27 03:05:00