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You are here:
69 Days on Boston Pads
Price Reduced $15,000
39 Photos
$2,385,000
4 Unit
12 Beds
8 Baths
4710 SQFT
0.15 Acre
416 Harvard St
Boston, MA 02124

Property Description

TROPHY Ground-Up New Construction Dorchester Massive 4-Unit building available now with a huge parking lot! This impressive turnkey property offers an unparalleled investment opportunity in a prime location. Meticulously crafted and brand new, ensuring low-maintenance ownership. Each unit boasts a luxurious 3-bed, 2-bath condo-quality layout, showcasing exceptional craftsmanship! The potential for maximizing rental income is substantial, with the possibility to achieve rents up to $4,000/month per floor. This translates to a gross income of $16,000/month and an impressive $192,000 annually. Featuring hardwood floors, central air, expansive open-layouts, lux spa bathrooms, chef-inspired kitchens, & large bedrooms, this building offers an array of desirable amenities. Strategically positioned in the heart of Boston, with close proximity to an abundance of public transit options, shops, restaurants, hospitals, and universities, this property presents an ideal investment opportunity!

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 4
  • Total Floors: 10
  • Total Bedrooms: 12
  • Total Full Baths: 8
  • Amenities: Bike Path, Golf Course, Highway Access, House of Worship, Laundromat, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, Swimming Pool, Tennis Court, T-Station, University, Walk/Jog Trails
  • Basement Features: Finished, Other (See Remarks)

Financial

  • APOD Available: No
  • Gross Operating Income: 187200
  • Net Operating Income: 187200

Utilities

  • Heat Zones: 4
  • Cooling Zones: 4
  • Electric Info: 200 Amps
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

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

Unit 2 Description

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

Unit 3 Description

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

Unit 4 Description

  • Floors: 4
  • Levels: 1

Construction

  • Year Built: 2018
  • Type: 4 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Poured Concrete
  • Roof Material: Rubber
  • Flooring Type: Hardwood
  • Lead Paint: None
  • Warranty: No

Other Information

  • MLS ID# 73235874
  • Last Updated: 07/04/24

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
07/04/2024Active$2,385,000$506MLSPIN
06/30/2024Price Change$2,385,000$506MLSPIN
05/13/2024Active$2,400,000$510MLSPIN
05/09/2024New$2,400,000$510MLSPIN

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View Breakdown

Seller's Representative: Markese Daise, Stony Brook & Lennox Realty Advisors
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: 2
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 2024-07-04 03:05:00

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