228 Calumet St, Boston, MA
Not Available - Off MarketPrice Reduced $100,000
0
This Property is No Longer Available
228 Calumet St, Boston, MA 02120
View Map
$3,100,000
3 Unit
14 Beds
7 Baths
5502 SQFT
0.09 Acre

Property Description

Turnkey Mission Hill 3-family, renovated down to the studs with 14 bedrooms & 7 full baths spanning four floors of living. Each luxury rental unit features open kitchen/living rooms, upgraded kitchens with semi-custom cabinets, stainless appliances & quartz countertops. The bathrooms are adorned with glass doors, floating vanities & tiled showers. Numerous upgrades include new energy efficient systems such as new HVAC systems, tankless hot water systems, in-unit laundry, a new roof, front porch, sprinkler system, new plumbing & electrical systems & new windows. Hardwood floors throughout, complemented by tiled kitchens & baths. All units are leased until August 31, 2024, generating a monthly rental income of $17,500. This property has a proven track record as a successful investment, currently yielding a 5.6% cap rate with potential for further growth. Situated near the Longwood Medical Area, the Roxbury Crossing and Brigham Circle T stops, many area universities and amenities.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 14
  • Total Full Baths: 7
  • Amenities: Bike Path, Conservation Area, House of Worship, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, Tennis Court, T-Station, University, Walk/Jog Trails
  • Basement Features: Full
  • Common Appliances: Washer Hookup

Financial

  • APOD Available: No
  • Expenses Source: Estimated
  • Gross Operating Income: 210000
  • Net Operating Income: 210000

Utilities

  • Electric Info: 200 Amps
  • Energy Features: Insulated Windows
  • Utility Connections: for Electric Dryer, for Gas Oven, for Gas Range, Icemaker Connection, Washer Hookup
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Other Rooms: Kitchen, Living Room
  • Appliances: Dishwasher, Dryer, Microwave, Range, Washer
  • Interior Features: Upgraded Cabinets, Upgraded Countertops
  • Heating: Central Heat, Electric, Forced Air, Oil
  • Cooling: Central Air
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Other Rooms: Kitchen, Living Room
  • Appliances: Dishwasher, Dryer, Microwave, Range, Washer
  • Interior Features: Tile Floor, Upgraded Cabinets, Upgraded Countertops, Wood Flooring
  • Heating: Central Heat, Electric, Forced Air, Oil
  • Cooling: Central Air
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Floors: 3
  • Other Rooms: Kitchen, Living Room, Office/Den
  • Appliances: Dishwasher, Dryer, Microwave, Range, Washer
  • Interior Features: Tile Floor, Upgraded Cabinets, Upgraded Countertops, Wood Flooring
  • Heating: Central Heat, Electric, Forced Air, Oil
  • Cooling: Central Air
  • Levels: 2

Construction

  • Year Built: 1905
  • Type: 3 Family - 3 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Tile, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73112098
  • Last Updated: 09/01/23

Property History tap to expand

Date Event Price Price/Sq Ft Source
01/31/2024Sold$2,800,000$509MLSPIN
01/23/2024Under Agreement$2,850,000$518MLSPIN
01/23/2024Sold$2,800,000$509MLSPIN
11/17/2023Under Agreement$2,850,000$518MLSPIN
11/11/2023Active$2,850,000$518MLSPIN
11/07/2023Price Change$2,850,000$518MLSPIN
10/25/2023Under Agreement$3,000,000$545MLSPIN
09/16/2023Active$3,000,000$545MLSPIN
09/12/2023Price Change$3,000,000$545MLSPIN
09/10/2023Active$3,100,000$563MLSPIN
09/06/2023New$3,100,000$563MLSPIN
09/01/2023Expired$3,100,000$563MLSPIN
07/14/2023Active$3,100,000$563MLSPIN
07/10/2023Price Change$3,100,000$563MLSPIN
05/20/2023Active$3,200,000$582MLSPIN
05/16/2023New$3,200,000$582MLSPIN
05/16/2023Price Change$3,200,000$582MLSPIN

Mortgage Calculator

View Breakdown

Map

Seller's Representative: Mission Realty Advisors, Compass
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2.5
Facilitator Compensation: 2
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

© 2024 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2023-09-01 03:05:00

Related Properties