$1,295,000
Total Beds: 9 Total Baths: 3
Total Units: 3 SQFT: 3632
LOT size: 0.08 Acres
47-A Creighton St
Boston, MA 02130

Property Description

Updated 3 Fam investment property fully rented in JP's thriving Hyde Sq. Recent exterior updates include new vinyl siding, 20 windows ('17), new roof ('16), new flooring, interior paint units 1 & 2 ( '19 ) new cabinets unit 2 ( '19). Unit 1 is 2-3 bed, 1 bath +in-unit laundry, deck rented til 12/21 @ $ 2,500 & has de-lead certificate. Unit 2 2-3 bed, 1 bath +deck rented until 7/15 $ 2,500. Unit 3 less updated, includes a deck and is rented until 9/30/2021 $ 1,600 ( rent increases to $ 1,650 9/1). All units are gas / baseboard heat ~ 20 yrs old. Potential to expand in walk-up attic. This attractive Victorian has been family owned for many years and offers opportunity further update units for increased rental income for many years or condo conversion. Mins to Hyde Square restaurants, Whole Foods, Green T, 39 bus, Longwood medical or Brookline. Located in IRS recognized Opportunity Zone! Great option for 1031. NOTE: No showings before 1st OH SAT 2/22 11-12 or Mon 24th 5-5:45pm.

Property Details

Building Information

  • Total Units: 3
  • Total Rent: 6600
  • Total Floors: 6
  • Levels: 3
  • Total Rooms: 15
  • RMS: 15
  • Total Bedrooms: 9
  • Total Full Baths: 3
  • Basement Features: Bulkhead, Interior Access

Financial

  • APOD Available: No
  • Gross Operating Income: 79200
  • Gross Expenses: 6182
  • Water/Sewer: 2400
  • INSC: 3782
  • Net Operating Income: 73018

Utilities

  • Hot Water: Natural Gas, Tank
  • Electric Info: 100 Amps, Circuit Breakers, Other (See Remarks), Underground
  • Energy Features: Insulated Windows
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Rent: 2500
  • Under Lease: Yes
  • Rooms: 5
  • Floors: 1
  • Bedrooms: 3
  • Full Baths: 1
  • Other Rooms: Kitchen, Living Room
  • Appliances: Dryer, Washer
  • Heating: Extra Flue, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard
  • Cooling: None
  • Levels: 1

Unit 2 Description

  • Rent: 2500
  • Under Lease: Yes
  • Rooms: 5
  • Floors: 2
  • Bedrooms: 3
  • Full Baths: 1
  • Other Rooms: Kitchen, Living Room
  • Heating: Extra Flue, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard
  • Cooling: None
  • Levels: 1

Unit 3 Description

  • Rent: 1600
  • Under Lease: Yes
  • Rooms: 5
  • Floors: 3
  • Bedrooms: 3
  • Full Baths: 1
  • Other Rooms: Kitchen, Living Room
  • Heating: Extra Flue, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard
  • Cooling: None
  • Levels: 1

Construction

  • Year Built: 1905
  • Type: 3 Family
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Tile, Vinyl
  • Lead Paint: Certified Treated, Unknown

Other Information

  • MLS ID# 72619879
  • Last Updated: 02/21/20

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