3 Sachem St, Boston, MA
Not Available - Off MarketPrice Reduced $100,000
0
This Property is No Longer Available
3 Sachem St, Boston, MA 02120
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$2,500,000
3 Unit
9 Beds
4 Baths
3908 SQFT
0.05 Acre

Property Description

Mission Hill Boston, 3-family building for sale - 3 units up and down. $2,750/m unit 1, $3,575/m unit 2, and $4,950/m unit 3 bringing in $135,300/year . All units have in-unit laundry. Unit #3 hot water heater just replaced in August. A great opportunity to get into the Mission Hill neighborhood with strong rents and great longterm vacancy with area colleges offering strong interest on September 1st rental cycles. A great place to invest, don't miss this fully leased investment opportunity in a highly coveted investment neighborhood of Boston. A+ location to all area amenities including MBTA, Grocery, Shopping, Medical, University, downtown Boston, and so much more! No open houses, showings by appointment only. 48 hours notice to tour.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 9
  • Total Full Baths: 4
  • Amenities: Golf Course, Highway Access, House of Worship, Laundromat, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, T-Station, University
  • Basement Features: Full, Unfinished Basement
  • Common Rooms: Mudroom

Financial

  • APOD Available: Yes
  • Expenses Source: Other (See Remarks)
  • Gross Operating Income: 135300
  • Gross Expenses: 11512
  • Water/Sewer: 3000
  • INSC: 3112
  • Management Fee: 5400
  • Net Operating Income: 123788

Utilities

  • Energy Features: Insulated Windows
  • 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: 3
  • Levels: 2

Construction

  • Year Built: 1900
  • Type: 3 Family - 3 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone, Granite
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Laminate, Tile, Vinyl
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73160419
  • Last Updated: 12/01/23
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
12/01/2023Expired$2,500,000$640MLSPIN
11/14/2023Temporarily Withdrawn$2,500,000$640MLSPIN
09/26/2023Active$2,500,000$640MLSPIN
09/22/2023Price Change$2,500,000$640MLSPIN
09/22/2023Active$2,600,000$665MLSPIN
09/18/2023New$2,600,000$665MLSPIN

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Seller's Representative: James Riel, JR Associates
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2%
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 2023-12-01 03:05:00

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