51-53 Church St, Boston, MA
Not Available - Off MarketPrice Reduced $750,000
0
This Property is No Longer Available
51-53 Church St, Boston, MA 02116
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$6,750,000
6 Unit
8 Beds
9 Baths
5700 SQFT
0.04 Acre

Property Description

This 6-unit apartment building is located in the desirable and secluded Bay Village neighborhood, steps from Downtown Boston and everything the city has to offer. There are mix of 1 and 2+ bedroom units featuring amenities such as Wolf/Subzero appliances, modern cabinets, granite counters and islands, open living/dining rooms, spacious bedrooms, high ceilings with surround sound speakers, central AC/Heat, laundry in unit, en-suite and guest baths, hardwood floors, two private roof decks with amazing city views and much more! With a strong rental history and potential for increased income through rent appreciation, this property offers a great opportunity for investors or owner occupants looking to add a lucrative asset to their portfolio. Don't miss out on this turnkey investment opportunity in a prime downtown Boston location!

Property Details tap to expand

Building Information

  • Total Units: 6
  • Total Floors: 9
  • Total Bedrooms: 8
  • Total Full Baths: 8
  • Total Half Baths: 1
  • Amenities: Bike Path, Highway Access, Medical Facility, Park, Private School, Public Transportation, Shopping, T-Station, Walk/Jog Trails
  • Basement Features: Partial
  • Common Interior Features: Bathroom with Shower Stall, Bathroom With Tub, Crown Molding, Intercom, Security System, Tile Floor
  • Common Appliances: Dishwasher - ENERGY STAR, Disposal, Dryer - ENERGY STAR, Microwave, Range, Refrigerator - ENERGY STAR, Vent Hood, Wall Oven, Washer - ENERGY STAR
  • Common Heating: Central Heat, Electric, Forced Air, Oil
  • Common Cooling: Central Air

Financial

  • APOD Available: No
  • Expenses Source: Estimated
  • Gross Operating Income: 336948
  • Gross Expenses: 40000
  • Net Operating Income: 296939

Utilities

  • Electric Info: Other (See Remarks)
  • Water: City/Town Water, Individual Meter, On-Site, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 2

Unit 2 Description

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

Unit 3 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 4 Description

  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1899
  • Type: 5-9 Family
  • Construction Type: Brick, Stone/Concrete
  • Foundation Info: Brick, Concrete Block
  • Roof Material: Metal, Rubber
  • Flooring Type: Hardwood, Tile, Wood
  • Lead Paint: None
  • Warranty: No

Other Information

  • MLS ID# 73208300
  • Last Updated: 08/01/24
  • Terms: Other (See Remarks), Special

Property History tap to expand

Date Event Price Price/Sq Ft Source
08/01/2024Expired$6,750,000$1,184MLSPIN
07/29/2024Active$6,750,000$1,184MLSPIN
07/25/2024Price Change$6,750,000$1,184MLSPIN
07/14/2024Active$6,850,000$1,202MLSPIN
07/10/2024Price Change$6,850,000$1,202MLSPIN
06/02/2024Active$6,999,500$1,228MLSPIN
05/29/2024Price Change$6,999,500$1,228MLSPIN
05/17/2024Active$7,050,000$1,237MLSPIN
05/13/2024Price Change$7,050,000$1,237MLSPIN
05/06/2024Active$7,095,000$1,245MLSPIN
05/02/2024Price Change$7,095,000$1,245MLSPIN
04/27/2024Active$7,195,000$1,262MLSPIN
04/23/2024Price Change$7,195,000$1,262MLSPIN
04/20/2024Active$7,280,000$1,277MLSPIN
04/16/2024Price Change$7,280,000$1,277MLSPIN
04/09/2024Active$7,380,000$1,295MLSPIN
04/05/2024Price Change$7,380,000$1,295MLSPIN
03/08/2024Active$7,500,000$1,316MLSPIN
03/04/2024New$7,500,000$1,316MLSPIN

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Seller's Representative: Jorge Rodriguez, Carlton's Wharf & Co.
Sub Agent Compensation: n/a
Buyer Agent Compensation: 1
Facilitator Compensation: 0
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2024-08-01 03:05:00

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