647-649 Adams Street, Boston, MA 02122
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$1,275,000
2 Unit
9 Beds
3 Baths
3400 SQFT
0.12 Acre

Property Description

Turn-key two-family with impressive rent roll. Unit 1 is rented for $3,700 per month and Unit 2 for $3000 per month for a total of $6700 per month. Unit 1 is a five bedroom with two full baths, plus an office and a large family room in the finished basement with a wet bar. Unit 2 is a three bedroom with one full bath and an office. There is an unfinished attic where additional living space or a bedroom suite could be easily added. Both units feature front and rear decks, tastefully renovated bathrooms and kitchens plus central air-conditioning. New vinyl siding and roof(main building and garage) in 2022. All systems are newer and in good operating condition. The two-car garage features electric door openers plus a gravel turn around or parking area. Easy access to RT93, MBTA Red Line via Ashmont Station and 201/202 Bus routes. Unit 1 lease expired March 31st but interested in renewing, Unit 2 lease expires October 31st.

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 4
  • Total Bedrooms: 9
  • Total Full Baths: 3
  • Basement Features: Finished, Full, Interior Access, Other (See Remarks), Walk Out
  • Common Rooms: Kitchen, Living Room, Office/Den
  • Common Interior Features: Bathroom with Shower Stall, Stone/Granite/Solid Counters, Storage, Tile Floor
  • Common Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Refrigerator, Washer
  • Common Heating: Extra Flue, Forced Air, Gas, Heat Pump, Oil
  • Common Cooling: Central Air

Financial

  • APOD Available: Yes
  • Gross Operating Income: 80400
  • Net Operating Income: 80400

Utilities

  • Heat Zones: 2
  • Cooling Zones: 2
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 2

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1929
  • Type: 2 Family - 2 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Tile
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73218185
  • Last Updated: 04/05/24

Property History tap to expand

Date Event Price Price/Sq Ft Source
04/05/2024Active$1,275,000$375MLSPIN
04/01/2024New$1,275,000$375MLSPIN

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Seller's Representative: Matt Colaneri, Coldwell Banker Realty - Boston
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 2024-04-05 03:05:00

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