This Property is No Longer Available
41 Stratton St, Boston, MA 02124
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$840,000
*Sale Price
3 Unit
8 Beds
3 Baths
3380 SQFT
0.11 Acre

Property Description

Fully deleaded and well maintained legal 3-family with detached two car garage. Long history of steady rental income. All hardwood floors, all separate utilities. Granite counters on first and second floor units. Recent renovation and maintenance records attached. All gas heat, walk-out basement, fenced backyard garden. Two units are recently rented after multiple years of leases with previous vouchers. The third unit is a long term market rent. All unit has lease. NET Operation Income (NOI) based on current leases is over $74.7K a solid 7.5% CAP. Please ask for detailed numbers. Two car garage rented separately for $495/mo. Near Blue Hill Ave bus line, Franklin Field, Franklin Park. Some owner financing possible.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 7
  • Total Bedrooms: 8
  • Total Full Baths: 3
  • Amenities: Park, Public Transportation
  • Basement Features: Concrete Floor, Unfinished Basement

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 95340
  • Net Operating Income: 78027

Utilities

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

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Other Rooms: Family Room, Kitchen, Living Room
  • Appliances: Range
  • Interior Features: Bathroom With Tub, Ceiling Fans, Stone/Granite/Solid Counters
  • Heating: Central Heat, Central Heat, Electric, Extra Flue, Gas, Heat Pump, Hot Water Radiators, Steam
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Other Rooms: Dining Room, Kitchen, Living Room
  • Appliances: Range, Refrigerator
  • Interior Features: Bathroom With Tub, Ceiling Fans, Hardwood Floors, Pantry, Stone/Ceramic Tile Floor, Stone/Granite/Solid Counters, Tile Floor
  • Heating: Central Heat, Electric, Extra Flue, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 3
  • Other Rooms: Kitchen, Living Room
  • Appliances: Range, Refrigerator
  • Interior Features: Hardwood Floors, Tile Floor
  • Heating: Central Heat, Electric, Extra Flue, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard
  • Levels: 1

Unit 4 Description

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

Construction

  • Year Built: 1925
  • Type: 3 Family
  • Foundation Info: Fieldstone, Poured Concrete
  • Flooring Type: Hardwood, Tile
  • Lead Paint: Certified Treated
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73117001
  • Last Updated: 01/23/24

Property History tap to expand

Date Event Price Price/Sq Ft Source
10/19/2023Sold$840,000$249MLSPIN
09/05/2023Under Agreement$899,000$266MLSPIN
08/22/2023Contingent$899,000$266MLSPIN
08/12/2023Active$899,000$266MLSPIN
08/08/2023Price Change$899,000$266MLSPIN
07/14/2023Active$949,000$281MLSPIN
07/10/2023Price Change$949,000$281MLSPIN
06/02/2023Active$999,000$296MLSPIN
05/29/2023New$999,000$296MLSPIN
06/12/2022Canceled$1,199,000$355MLSPIN
05/01/2022Active$1,199,000$355MLSPIN
04/28/2022New$1,199,000$355MLSPIN
04/27/2022Active$1,199,000$355MLSPIN

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Seller's Representative: Stanley Zheng, Midtown Properties, Inc.
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2.5
Facilitator Compensation: 0
Compensation Based On: Gross/Full Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2024-01-23 11:33:00

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