107-111 Erie St, Boston, MA 02121
View Map
$1,925,000
6 Unit
12 Beds
6 Baths
5222 SQFT
0.08 Acre

Property Description

PREMIER TROPHY BRICK DORCHESTER 6-UNIT DE-LEADED BUILDING LOCATED IN A PRIME NEIGHBORHOOD WITH GROSS RENTS UPWARDS OF $166,000! Superb well maintained FULLY LEASED building making for a great investment with tremendous upside or a strong 1031 Exchange option. LOW OPERATING EXPENSES & EASY TO MAINTAIN! This energy efficient brick building features great overall systems & many upgrades. 6 Units total! There are (5) lead compliant 2 bed 1 bath units w/great open layouts & 1 leased commercial store space unit with additional storage. SEPERATE UTILITIES! The building sits directly across from a brand new park/playground & features a young rubber roof, in-unit tankless Navien water heaters, hardwood floors, separate utilities, sturdy rear decks, parking, a huge basement, & much more! Four Corners/Geneva Commuter Rail stop is 3 blocks away! Multiple bus lines nearby, short commute Downtown Boston, easy highway access. Franklin Park + William Devine Golf Course. Great brick Boston investment!

Property Details tap to expand

Building Information

  • Total Units: 6
  • Total Floors: 9
  • Total Bedrooms: 12
  • Total Full Baths: 6
  • Amenities: Bike Path, Golf Course, Highway Access, House of Worship, Laundromat, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, Swimming Pool, Tennis Court, T-Station, University, Walk/Jog Trails
  • Basement Features: Full

Financial

  • APOD Available: Yes
  • Expenses Source: Pro. Forma Available
  • Gross Operating Income: 165600
  • Net Operating Income: 144000

Utilities

  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

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

Unit 2 Description

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

Unit 3 Description

  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Unit 4 Description

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

Construction

  • Year Built: 1920
  • Type: 5-9 Family
  • Construction Type: Brick
  • Foundation Info: Brick
  • Roof Material: Rubber
  • Flooring Type: Hardwood
  • Lead Paint: Certified Treated, None

Other Information

  • MLS ID# 73051541
  • Last Updated: 10/28/22

Property History tap to expand

Date Event Price Price/Sq Ft Source
10/28/2022Active$1,925,000$369MLSPIN
10/24/2022New$1,925,000$369MLSPIN

Mortgage Calculator

View Breakdown

Map

Seller's Representative: Markese Daise, Stony Brook & Lennox Realty Advisors
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: 1
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

© 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 2022-10-28 03:05:00

Related Properties