174 Maverick St, Boston, MA 02128
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$5,990,000
12 Unit
19 Beds
12 Baths
7498 SQFT
0.09 Acre

Property Description

Wonderful opportunity to acquire a corner parcel consisting of four three-family properties in the Jeffries Point neighborhood of East Boston. The package of properties consist of 174, 178, 180 Maverick Street, and 102 Orleans Street and are approximately .1 mile to the Maverick Station. There are eleven residential units (8 two bedroom and three one bedroom) and one commercial unit. Central air and central heat, open-concept, common laundry facilities in each building, and basements with secure storage rooms. The buildings are fully occupied.

Property Details tap to expand

Building Information

  • Total Units: 12
  • Total Floors: 6
  • Total Bedrooms: 19
  • Total Full Baths: 12
  • Amenities: Bike Path, Highway Access, House of Worship, Park, Public School, Public Transportation, Shopping, T-Station, Walk/Jog Trails
  • Basement Features: Full, Interior Access, Partially Finished, Walk Out
  • Common Interior Features: Crown Molding, Programmable Thermostat, Storage

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided, Pro. Forma Available
  • Gross Operating Income: 274800
  • Gross Expenses: 76234
  • GSE: 1384
  • Electric Expenses: 1196
  • INSC: 15239
  • RFS: 1200
  • Net Operating Income: 198566

Utilities

  • Hot Water: Natural Gas
  • Energy Features: Insulated Windows, Prog. Thermostat
  • Utility Connections: for Gas Oven, for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Other Rooms: Kitchen, Living RM/Dining RM Combo
  • Appliances: Microwave, Range, Refrigerator
  • Interior Features: Internet Available - Fiber-Optic, Upgraded Countertops
  • Heating: Central Heat, Electric
  • Cooling: Central Air
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Other Rooms: Kitchen, Living RM/Dining RM Combo
  • Appliances: Microwave, Range, Refrigerator
  • Interior Features: Hardwood Floors, Internet Available - Fiber-Optic, Tile Floor, Upgraded Countertops
  • Heating: Central Heat, Electric
  • Cooling: Central Air
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 3
  • Other Rooms: Kitchen, Living RM/Dining RM Combo
  • Appliances: Microwave, Range, Refrigerator
  • Interior Features: Hardwood Floors, Internet Available - Fiber-Optic, Tile Floor, Upgraded Countertops
  • Heating: Central Heat, Electric
  • Cooling: Central Air
  • Levels: 1

Construction

  • Year Built: 1910
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Brick
  • Roof Material: Rubber
  • Flooring Type: Tile, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73031056
  • Last Updated: 06/04/23

Property History tap to expand

Date Event Price Price/Sq Ft Source
06/04/2023Active$5,990,000$799MLSPIN
05/31/2023Extended$5,990,000$799MLSPIN
09/04/2022Active$5,990,000$799MLSPIN
08/31/2022New$5,990,000$799MLSPIN

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Seller's Representative: David Cody, Orchard Park Realty
Sub Agent Compensation: n/a
Buyer Agent Compensation: 1.5%
Facilitator Compensation: 1%
Compensation Based On: Gross/Full Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2023-06-04 03:05:00