This Property is No Longer Available
7 Elm St, Boston, MA 02122
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$825,000
2 Unit
3 Beds
2 Baths
2090 SQFT
0.07 Acre

Property Description

Rare opportunity to own this Italianate Victorian two-family home in Clam Point, one of Dorchester's most sought-after neighborhoods. This prime location is minutes to Field's Corner Red Line Station, UMASS Boston, I-93, Savin Hill, and a few short blocks from retail, bars, and restaurants. The first floor features a 1 bed, plus office, with beautifully refinished hardwood floors. The upper duplex is currently being used as a 2 bed w/the potential to be a 3 bed. Each unit has a washer and dryer. A spacious fenced-in common yard boasts lots of greenery and great potential. Both units are TAW and rented below market value with plenty of upside potential. 1 BR rentals in the area range between $1,600-$2,800 PER MONTH. 2/ 3 BR rentals range between $2300-$3300 PER MONTH Great investment opportunity. Showings by APPOINTMENT ONLY please email. NO CALLS.

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 3
  • Total Full Baths: 2
  • Amenities: Highway Access, Marina, Park, Public Transportation, Tennis Court, T-Station
  • Basement Features: Full

Financial

  • APOD Available: No
  • Gross Operating Income: 36000
  • Net Operating Income: 36000

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Other Rooms: Laundry, Living Room, Office/Den
  • Interior Features: Bathroom With Tub & Shower, Pantry
  • Heating: Active Solar, Electric Baseboard, Extra Flue, Gas, Heat Pump, Hot Water Radiators
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Other Rooms: Dining Room, Kitchen, Living Room, Office/Den
  • Appliances: Dishwasher, Dryer, Range, Washer
  • Interior Features: Hardwood Floors, Pantry
  • Heating: Active Solar, Electric Baseboard, Extra Flue, Gas, Heat Pump, Hot Water Radiators
  • Levels: 2

Construction

  • Year Built: 1860
  • Foundation Info: Fieldstone
  • Flooring Type: Hardwood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73197053
  • Last Updated: 02/13/24

Property History tap to expand

Date Event Price Price/Sq Ft Source
02/13/2024Under Agreement$825,000$395MLSPIN
02/02/2024Contingent$825,000$395MLSPIN
01/30/2024Active$825,000$395MLSPIN
01/26/2024New$825,000$395MLSPIN
11/10/2023Canceled$825,000$395MLSPIN
11/09/2023Temporarily Withdrawn$825,000$395MLSPIN
09/17/2023Active$825,000$395MLSPIN
09/13/2023New$825,000$395MLSPIN

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Seller's Representative: Mary Kelleher, Gibson Sotheby's International Realty
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 2024-02-13 12:04:00

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