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$925,000
Total Beds: 7 Total Baths: 4
Total Units: 3 SQFT: 2579
LOT size: 0.06 Acres
1 Louis D Brown Way
Boston, MA 02124
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Property Description

***INVESTMENT OPPORTUNITY*** Well-maintained fully rented three-unit multifamily with parking, offers substantial income and low maintenance! Located in Dorchester’s bustling Fields Corner neighborhood, only .5 mile to the Fields Corner red line train stop. Gross annual rental income is $68,400. Great value-add investment, with the opportunity to increase to current market rents and grow cash flow. Property consists of a 3 bedroom/1.5 bath unit with private deck, and two spacious 2 bedroom/1 bath units. Units 1 and 2, plus common areas and exterior have been de-leaded. Common coin-operated laundry in basement. Roof and decks were replaced in 2014, 3 newer hot water tanks, 3 gas forced air furnaces. Close to nearby shops & restaurants, highway I-93, UMASS Boston, and just a few T stops to downtown Boston.

Property Details

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 7
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Amenities: Highway Access, House of Worship, Medical Facility, Park, Public Transportation, Shopping, T-Station
  • Common Rooms: Mudroom

Financial

  • APOD Available: No
  • Gross Operating Income: 68400
  • Net Operating Income: 68400

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

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

Unit 2 Description

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

Unit 3 Description

  • Under Lease: No
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1890
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Other (See Remarks)
  • Lead Paint: Certified Treated, Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73158454
  • Last Updated: 09/16/23

Mortgage Calculator

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Map

Seller's Representative: Steven Cohen Team, Keller Williams Realty Boston-Metro | Back Bay
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2.5
Facilitator Compensation: 0
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

© 2023 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 2023-09-16 03:05:00

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