16 Fernboro St, Boston, MA 02121
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$1,337,500
3 Unit
14 Beds
6 Baths
4167 SQFT
0.06 Acre

Property Description

Investors Special! Your opportunity to own a 3-unit property in Boston is here! The chance to expand your investment portfolio is now. This property holds its unique character with exquisite exterior moldings and boasts luxury up-to date modernization. 13 BEDROOMS & 6 BATHROOMS! Each bedroom is rented individually bringing you an excess amount of income. Recent renovations include - Vinyl siding, newer windows, doors, trim, insulation, light fixtures, 3 new Navien hot water tanks, plumbing, electrical. ALL units remodeled with new kitchens with granite/quartz, new bathroom with custom tiles, and flooring. DRIVEWAY TO PRIVATE PARKING LOT. PRE-APPROVED AND CASH BUYER SPECIAL. Sold with 18 Fernboro - Total BEDS 26 AND 12 BATHS.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 5
  • Total Bedrooms: 14
  • Total Full Baths: 6
  • Amenities: Highway Access, Medical Facility, Public School, Public Transportation, Shopping, T-Station
  • Basement Features: Full

Financial

  • APOD Available: Yes
  • Expenses Source: Estimated, Owner Provided
  • Gross Operating Income: 226800
  • Gross Expenses: 10500
  • GSE: 1225
  • Water/Sewer: 2550
  • INSC: 3550
  • Net Operating Income: 216300

Utilities

  • Heat Zones: 3
  • Electric Info: 200 Amps
  • 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: 2
  • Levels: 1

Unit 4 Description

  • Under Lease: Yes

Construction

  • Year Built: 1900
  • Type: 3 Family - 3 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73290254
  • Last Updated: 11/03/24
  • Terms: Lender Approval Required

Property History tap to expand

Date Event Price Price/Sq Ft Source
09/18/2024Active$1,337,500$321MLSPIN
09/14/2024New$1,337,500$321MLSPIN
10/06/2023Under Agreement$1,375,000$330MLSPIN
10/05/2023Contingent$1,375,000$330MLSPIN
09/19/2023Active$1,375,000$330MLSPIN
09/15/2023Reactivated$1,375,000$330MLSPIN
09/12/2023Expired$1,375,000$330MLSPIN
09/04/2023Active$1,375,000$330MLSPIN
08/31/2023Extended$1,375,000$330MLSPIN
07/15/2023Active$1,375,000$330MLSPIN
07/15/2023Active$1,500,000$360MLSPIN
07/11/2023Back on Market$1,500,000$360MLSPIN
07/03/2023Under Agreement$1,500,000$360MLSPIN
06/19/2023Contingent$1,500,000$360MLSPIN
06/16/2023New$1,500,000$360MLSPIN

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Seller's Representative: Crystal Kavanaugh, HomeSmart Professionals Real Estate
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2024-11-03 13:38:00

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