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You are here:
Contingent
18 Photos
$1,100,000
3 Unit
9 Beds
3 Baths
3084 SQFT
0.05 Acre
1 Arion St
Boston, MA 02125

Property Description

Plug & play classic Boston 3-Family, triple-decker, offering a 6% Cap Rate with current, below-market, rents! Well maintained building with solid tenants, all TAWs, and neatly organized floor plans. Hardwood fir flooring throughout building, vinyl windows & vinyl siding. Roof is in good condition and foundation has been recently parge coated with new vinyl windows added in entire basement. High quality washer (Speed Queen) & dryer (Miele) in basement. Corner lot with a block garage and small driveway at the back of building. Large wood decks off the back of each Unit - accessed via the back hall from the respective kitchens. Gas cooking and heating throughout entire building with all newer hot water heaters also fueled by Gas. Tenants pay all utilities save Water & Sewer. Units 1 & 2 with Letters of Full Lead Compliance. Conveniently located 0.5 miles to improved South Bay Shopping Center & 0.5 miles to Savin Hill T. Must see for investor or owner occupant!

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 9
  • Total Full Baths: 3
  • Basement Features: Full
  • Common Rooms: Kitchen, Living Room
  • Common Interior Features: Lead Certification Available, Pantry
  • Common Appliances: Dryer - ENERGY STAR, Freezer, Range, Refrigerator, Washer
  • Common Heating: Extra Flue, Forced Air, Gas, Heat Pump, Oil

Financial

  • APOD Available: Yes
  • Gross Operating Income: 81600
  • Gross Expenses: 16800
  • Net Operating Income: 64800

Utilities

  • Heat Zones: 3
  • Electric Info: 100 Amps, Other (See Remarks)
  • Utility Connections: for Electric Dryer, for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1905
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Granite
  • Roof Material: Rubber
  • Flooring Type: Hardwood
  • Lead Paint: Certified Treated
  • Warranty: No

Other Information

  • MLS ID# 73286043
  • Last Updated: 09/09/24
  • Terms: Assumable, Seller 1st

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
09/09/2024Contingent$1,100,000$357MLSPIN
09/09/2024Active$1,100,000$357MLSPIN
09/05/2024New$1,100,000$357MLSPIN

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Map & Resources

St Kevin Elementary

Private School, Grades: PK-8

0.06mi

Saint Kevin Elementary School

Grades: 1-6

0.06mi

Conservatory Lab Charter School

Charter School, Grades: PK-8

0.34mi

Everett Elementary School

Public Elementary School, Grades: PK-6

0.41mi

Quincy E Dickerman

Public School, Grades: K - 5

0.43mi

Winthrop Elementary School

Public Elementary School, Grades: PK-6

0.46mi

Dunkin'

Donut & Coffee Shop

0.46mi

Delicias Del Caribe

Caribbean Restaurant

0.36mi

Boston Fire Department Engine 21

Fire Station

0.26mi

James Blake House

Museum

0.44mi

Downer Avenue Playground

Municipal Park

0.38mi

Edward Everett Square

Park

0.4mi

Edward Everett Park

Park

0.42mi

Atheneum Park

Park

0.44mi

Ceylon Park

Municipal Park

0.46mi

Beauford Play Area

Recreation Ground

0.43mi

Miranda Playground

Playground

0.21mi

Wintrhop Playground

Playground

0.44mi

William A. Meaney Playground

Playground

0.45mi

Uphams Corner Branch Library

Library

0.08mi

Quincy Dickerman Elementary School Library

Library

0.45mi

US Gas

Gas Station

0.4mi

Alves Market

Convenience

0.23mi

Hastone

Furniture

0.36mi

Columbia Rd @ Hancock St

15
16
17

0.07mi

Hancock St @ Bird St

15
17

0.09mi

Columbia Rd @ Bird St

16

0.09mi

Hancock St @ Jerome St

15
17

0.1mi

Columbia Rd @ Bird St

16

0.1mi

Dudley St @ Virginia St

15
41

0.12mi

Dudley St @ Belden St

15
41

0.12mi

Columbia Rd @ Dudley St

16
17
41

0.14mi

Seller's Representative: Andrew Maxfield, Andrew Maxfield Real Estate
MLS ID#: 73286043

© 2024 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 2024-09-09 21:21:00

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