31 Draper St, Boston, MA 02122
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$1,725,000
3 Unit
12 Beds
3 Baths
3812 SQFT
0.07 Acre

Property Description

Enormous gut renovated trophy 12 bed 3 bath luxury 3 family building with the potential for a 4th unit located in the heart of Dorchester in the Meeting House Hill & Fields Corner area! EVERYTHING IS NEW! This is a money maker & can serve as a great turn key portfolio addition, solid 1031 exchange, or a very lucrative rental investment building asset for years to come. This building grosses nearly $12,000/month (over $150K annually) with the option of doing another unit in the basement; potentially increasing rents to $16,000/month. Lead certificates on file! All units are decked out with luxury finishes, spa bathrooms, chef kitchens, hardwood flooring, central air, front decks, & much more. The exterior is also pristine featuring brand new siding, wrapped windows, & a new roof. New systems & central air. Close to Fields Corner Red Line T, Ronan Park, I-93, many shops, & restaurants. This is the turn key money making asset you have been looking for! Contact me now for details.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 12
  • Total Full Baths: 3
  • Amenities: Bike Path, Golf Course, Highway Access, House of Worship, Laundromat, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, Swimming Pool, Tennis Court, T-Station, University, Walk/Jog Trails
  • Basement Features: Full

Financial

  • APOD Available: Yes
  • Gross Operating Income: 152620
  • Net Operating Income: 152620

Utilities

  • Electric Info: 200 Amps
  • 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: 3
  • Levels: 1

Construction

  • Year Built: 1909
  • Type: 3 Family
  • Foundation Info: Poured Concrete
  • Roof Material: Rubber
  • Flooring Type: Hardwood
  • Lead Paint: Certified Treated
  • Warranty: No

Other Information

  • MLS ID# 73310681
  • Last Updated: 11/11/24

Property History tap to expand

Date Event Price Price/Sq Ft Source
11/11/2024Active$1,725,000$453MLSPIN
11/07/2024New$1,725,000$453MLSPIN
07/14/2023Sold$900,000$236MLSPIN
04/29/2023Under Agreement$899,999$236MLSPIN
04/27/2023New$899,999$236MLSPIN

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Seller's Representative: Markese Daise, Stony Brook & Lennox Realty Advisors
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: 1
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2024-11-11 03:05:00

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