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You are here:
88 Days on Boston Pads
Price Reduced $25,000
18 Photos
$1,975,000
2 Unit
9 Beds
3 Baths
3087 SQFT
0.08 Acre
891-893 E Broadway
Boston, MA 02127

Property Description

The Property consists of a 2-story building containing 2 residential units comprised of (1) 5-Bedroom/2-Bathroom duplex unit and (1) 3.5-Bedroom/1-Bathroom unit. The extensively renovated, direct entry units feature condo quality finishes including brand new kitchens with quartz counter tops, white shaker cabinets, stainless-steel appliances, in-unit laundry, hardwood and vinyl plank flooring, tile kitchens and bathrooms. Both units also have private rear decks in addition to a large backyard. The property features a newly painted exterior, new electrical service featuring 100amp service to each unit, Navien on-demand tankless hot water as well as brand new HVAC systems and new windows. Additionally, the finished basement features a new sprinkler system. The desirable building is individually metered for heat, cooling, hot water and electricity which the tenants pay directly. The subject property is ideal for a potential buyer looking for income growth and investment returns.

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 9
  • Total Full Baths: 3
  • Amenities: Bike Path, Highway Access, House of Worship, Laundromat, Marina, Medical Facility, Other (See Remarks), Park, Private School, Public School, Public Transportation, Shopping, Tennis Court, T-Station, Walk/Jog Trails
  • Basement Features: Finished, Full, Other (See Remarks)
  • Common Rooms: Office/Den
  • Common Appliances: Dryer, Washer
  • Common Heating: Extra Flue, Forced Air, Gas, Heat Pump, Oil
  • Common Cooling: Central Air

Financial

  • APOD Available: No
  • Gross Operating Income: 138000
  • Gross Expenses: 29498
  • Net Operating Income: 108502

Utilities

  • Electric Info: 100 Amps, Individually Metered, Other (See Remarks)
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 2

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1900
  • Foundation Info: Brick
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles, Rubber
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73199434
  • Last Updated: 04/26/24

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
04/26/2024Active$1,975,000$640MLSPIN
04/22/2024Extended$1,975,000$640MLSPIN
03/11/2024Active$1,975,000$640MLSPIN
03/07/2024Price Change$1,975,000$640MLSPIN
02/09/2024Active$2,000,000$648MLSPIN
02/05/2024New$2,000,000$648MLSPIN

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Seller's Representative: John Pentore, Horvath & Tremblay
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2.5%
Facilitator Compensation: 0
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 2024-04-26 03:05:00