This Property is No Longer Available
18 Lyon St, Boston, MA 02122
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$899,500
3 Unit
9 Beds
3 Baths
3450 SQFT
0.07 Acre

Property Description

Bring your own value to this excellent multi-family opportunity- this 3450-square-foot has the traditional 5/5/5 set up with 3 bedrooms per unit, living room, kitchen with pantry and 1 bath. Views of ocean from top floor back deck. Current tenants have been long term tenants at below market rates- $1600 for Unit #2 and $1600 for Unit #3. Leases end June/July 2024. Unit #1 to be delivered vacant. Location, location, location- right down the street from the highway, mere minutes to downtown Boston, and a short distance to Dot Block, Savin Hill, JFK and Field Corners. Sale will be contingent upon Seller obtaining license to sell. Ask broker for details. Showings- Thursday, April 4 from 12-2 and Friday, April 5 from 1-3 are full access showings available. Offers due by Tuesday, April 9th at 3pm.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 9
  • Total Full Baths: 3
  • Basement Features: Full

Financial

  • APOD Available: No
  • Gross Operating Income: 38400
  • Net Operating Income: 38400

Utilities

  • Electric Info: 100 Amps, 60 Amps/Less, Circuit Breakers, None, Other (See Remarks), Underground
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

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

Unit 2 Description

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

Unit 3 Description

  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1905
  • Type: 3 Family
  • Foundation Info: Fieldstone
  • Flooring Type: Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73217643
  • Last Updated: 04/26/24
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
04/26/2024Under Agreement$899,500$261MLSPIN
04/12/2024Contingent$899,500$261MLSPIN
04/02/2024Active$899,500$261MLSPIN
03/29/2024New$899,500$261MLSPIN

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Seller's Representative: James Harrison, Boston Bayside Properties, LLC
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
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 2024-04-26 03:30:00

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