7 Forbes St, Boston, MA
Not Available - Off MarketPrice Reduced $80,000
0
This Property is No Longer Available
7 Forbes St, Boston, MA 02130
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$1,195,000
3 Unit
8 Beds
3 Baths
3810 SQFT
0.05 Acre

Property Description

Located in the center of eclectic Hyde Square, the oversized semi-attached brick building at 7 Forbes St is a fantastic value-add opportunity. With its large footprint, soaring ceilings and walking distance to the Jackson Square MBTA, the building makes for a great condo conversion as well. All of the existing leases are well below market and leased on a TAW basis. Please see attached marketing brochure for additional details. The other two buildings are now under contract. So seller is motivated to get this one moved. Reach out to set up a building tour - need minimum of 24 hours notice.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 8
  • Total Full Baths: 3
  • Basement Features: Full

Financial

  • APOD Available: No
  • Gross Operating Income: 48000
  • Net Operating Income: 48000

Utilities

  • Heat Zones: 3
  • Electric Info: Circuit Breakers, Underground
  • Energy Features: Insulated Windows
  • Utility Connections: for Gas Oven
  • 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: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1890
  • Type: 3 Family - 3 Units Up/Down
  • Foundation Info: Brick
  • Roof Material: Rubber
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73109766
  • Last Updated: 09/07/23

Property History tap to expand

Date Event Price Price/Sq Ft Source
10/11/2023Sold$1,150,000$302MLSPIN
09/27/2023Under Agreement$1,195,000$314MLSPIN
09/02/2023Expired$1,195,000$314MLSPIN
08/14/2023Active$1,195,000$314MLSPIN
08/10/2023Back on Market$1,195,000$314MLSPIN
07/31/2023Contingent$1,195,000$314MLSPIN
07/24/2023Active$1,195,000$314MLSPIN
07/20/2023Price Change$1,195,000$314MLSPIN
07/17/2023Under Agreement$1,275,000$335MLSPIN
05/14/2023Active$1,275,000$335MLSPIN
05/10/2023New$1,275,000$335MLSPIN

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Map

Seller's Representative: Roberto Magno, Castlearch Property Advisors
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: 1
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2023-09-07 03:30:00

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