Skip to content

Location filter
  • Any
  • Boston
  • Boston - Allston
  • Boston - Back Bay
  • Boston - Bay Village
  • Boston - Beacon Hill
  • Boston - Brighton
  • Boston - Charlestown
  • Boston - Chinatown
  • Boston - Dorchester
  • Boston - Downtown
  • Boston - East Boston
  • Boston - Fenway/Kenmore
  • Boston - Fort Hill
  • Boston - Hyde Park
  • Boston - Jamaica Plain
  • Boston - Mattapan
  • Boston - Mission Hill
  • Boston - North End
  • Boston - Northeastern/Symphony
  • Boston - Roslindale
  • Boston - Roxbury
  • Boston - Seaport/Waterfront
  • Boston - South Boston
  • Boston - South End
  • Boston - West End
  • Boston - West Roxbury
  • Abington
  • Andover
  • Arlington
  • Belmont
  • Beverly
  • Billerica
  • Braintree
  • Bridgewater
  • Brookline
  • Burlington
  • Cambridge
  • Canton
  • Chelsea
  • Cohasset
  • Danvers
  • Dedham
  • Everett
  • Framingham
  • Gloucester
  • Hingham
  • Lawrence
  • Lexington
  • Lowell
  • Lynn
  • Lynnfield
  • Malden
  • Marlborough
  • Medford
  • Melrose
  • Methuen
  • Milton
  • Natick
  • Needham
  • Newton
  • North Reading
  • Norwood
  • Peabody
  • Pembroke
  • Plymouth
  • Quincy
  • Randolph
  • Reading
  • Revere
  • Salem
  • Saugus
  • Sharon
  • Somerville
  • Stoneham
  • Stoughton
  • Swampscott
  • Taunton
  • Wakefield
  • Waltham
  • Watertown
  • Wayland
  • Wellesley
  • Westwood
  • Weymouth
  • Wilmington
  • Winthrop
  • Woburn
  • Babson College
  • Berklee College of Music
  • Bentley University
  • Boston College
  • Boston University
  • Brandeis University
  • Emerson College
  • Emmanuel College
  • Harvard University
  • Hult International Business School
  • MassArt
  • MCPHS University
  • MIT
  • Northeastern University
  • Simmons University
  • Suffolk University
  • Tufts University
  • UMASS Boston
  • Wentworth Institute of Technology
$14,950,000
Total Beds: 60 Total Baths: 51
Total Units: 36 SQFT: 38442
LOT size: 1.01 Acres
8 Banton
Boston, MA 02124

Property Description

Walking distance and on the bus stop to the Ashmont train station (Red Line) located in the Dorchester neighborhood of Boston. Thirty six recently constructed units in two buildings on a 44,106 square foot parcel. 8 Banton Street was built in 2019 and comprised of 18 units with 15-two bedroom/two baths and 3-one bedroom apartments. The building at 1823-1829 Dorchester Avenue was built in 2004 and comprised of four retail, 13-two bedrooms and 1-one bedroom apartment. Property has separate utilities, off street parking for 51 cars and coin-op laundry. Expenses listed from T12 (08/01/20 to 07/31/21). Debt based on interest only for 2 years

Property Details

Building Information

  • Total Units: 36
  • Total Floors: 4
  • Levels: 3
  • Total Rooms: 8
  • RMS: 99
  • Total Bedrooms: 60
  • Total Full Baths: 51
  • Amenities: Highway Access, Laundromat, Park, Public School, Public Transportation, Shopping, T-Station
  • Basement Features: Concrete Floor, Full, Partially Finished
  • Common Rooms: Laundry

Financial

  • APOD Available: Yes
  • Expenses Year End: 12/20
  • Gross Operating Income: 1075656
  • Gross Expenses: 257460
  • Net Operating Income: 818196

Utilities

  • Hot Water: Natural Gas
  • Energy Features: Insulated Windows
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Rent: 2600
  • Under Lease: Yes
  • Rooms: 4
  • Floors: 2
  • Bedrooms: 2
  • Full Baths: 2
  • Levels: 1

Unit 2 Description

  • Rent: 2600
  • Under Lease: Yes
  • Rooms: 4
  • Floors: 2
  • Bedrooms: 2
  • Full Baths: 2
  • Levels: 1

Construction

  • Year Built: 2019
  • Type: 5+ Family - 5+ Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Poured Concrete
  • Roof Material: Rubber
  • Flooring Type: Vinyl, Wood
  • Lead Paint: Unknown

Other Information

  • MLS ID# 72922638
  • Last Updated: 11/29/21
  • Terms: Contract for Deed, Rent w/Option

Mortgage Calculator

Click to see breakdown

Map

Seller's Representative: Richard Cawley, United Multi Family Corporation

© 2021 MLS Property Information Network, Inc.. All rights reserved.

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 2021-11-29 09:00:29

Multi-Family Homes for Sale in Nearby Areas