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$3,500,000
Total Beds: 4 Total Baths: 3
Total Units: 3 SQFT: 3750
LOT size: 0.05 Acres
115 Porter Street
Boston, MA 02128
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Property Description

Two story brick building zone mixed-use with two resident units, one commercial space, two tandem parking spaces and an advertising billboard.Both residential units were renovated in 2012 and both units are two-bedroom, one-bathroom, wall-to-wall carpet and are both units are located on the second floor, and the commercial space is on the first floor, and it is 1250 square feet of usable space. The current billboard lease has 24 years remaining with 5 year option and the property owner has full ownership of the Billboard Permit at the end of the current lease. Current annual gross income is $214,728 and all units are currently leased.

Property Details

Building Information

  • Total Units: 3
  • Total Floors: 5
  • Total Bedrooms: 4
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Amenities: Highway Access, House of Worship, Laundromat, Marina, Medical Facility, Park, Public School, Public Transportation, T-Station, Walk/Jog Trails
  • Basement Features: Full, Unfinished Basement

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 210888
  • Gross Expenses: 13345
  • Electric Expenses: 1680
  • Water/Sewer: 1425
  • INSC: 2800
  • Repairs & Maintenance: 6000
  • Management Fee: 600
  • Miscellaneous Expense: 840
  • Net Operating Income: 210888

Utilities

  • Heat Zones: 3
  • Hot Water: Natural Gas, Tankless
  • Cooling Zones: 3
  • Electric Info: 100 Amps, 110 Volts, 200 Amps, 220 Volts, At Street, Circuit Breakers, Individually Metered, On-Site, Other (See Remarks), Underground
  • Energy Features: Insulated Windows
  • Utility Connections: for Electric Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: None, Water
  • Under Lease: Yes
  • Floors: 2
  • Other Rooms: Kitchen, Laundry, Living Room
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Heating: Central Heat, Electric, Extra Flue, Forced Air, Gas, Gas, Geothermal Heat Source, Heat Pump, Hot Air Gravity, Individual, Oil, Oil, Unit Control
  • Cooling: Central Air, Individual, None, Unit Control
  • Levels: 1

Unit 2 Description

  • Included in Rent: None, Water
  • Under Lease: Yes
  • Floors: 2
  • Other Rooms: Kitchen, Laundry, Living Room
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Interior Features: Wall to Wall Carpet
  • Heating: Central Heat, Electric, Extra Flue, Forced Air, Gas, Gas, Geothermal Heat Source, Heat Pump, Hot Air Gravity, Individual, Oil, Oil, Unit Control
  • Cooling: Central Air, Individual, None, Unit Control
  • Levels: 1

Unit 3 Description

  • Included in Rent: None, Water
  • Under Lease: Yes
  • Floors: 1
  • Heating: Central Heat, Electric, Extra Flue, Forced Air, Gas, Gas, Geothermal Heat Source, Heat Pump, Hot Air Gravity, Individual, Oil, Oil, Unit Control
  • Cooling: Central Air, Individual, None, Unit Control
  • Levels: 1

Unit 4 Description

  • Included in Rent: None
  • Under Lease: Unknown

Construction

  • Year Built: 1970
  • Type: 3 Family
  • Construction Type: Brick
  • Foundation Info: Poured Concrete
  • Roof Material: Rubber
  • Flooring Type: Wall to Wall Carpet
  • Lead Paint: None
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73071297
  • Last Updated: 01/21/23

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Map

Seller's Representative: Saul Perlera, Perlera Real Estate
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 2023-01-21 03:05:00

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