110 Days on Boardwalk PropertiesPrice Reduced $201,000
1
159-161 Townsend St, Boston, MA 02121
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$2,189,000
6 Unit
18 Beds
7 Baths
6522 SQFT
0.19 Acre

Property Description

IDEAL INVESTMENT PROPERTY - UPDATED RENTS : Featuring six spacious units, each boasting modernized interiors for comfortable living this building is designed with two separate entrances, enhancing accessibility. Each entrance is equipped with an updated 200-amp electrical service as well as separate heating systems and hot water tanks for each unit. Every apartment is individually metered for electricity, streamlining utility management for both the owner and tenants. The combination of its prime location and recent updates underscores the property's value, positioning it as a solid and appealing investment opportunity.

Property Details tap to expand

Building Information

  • Total Units: 6
  • Total Floors: 9
  • Total Bedrooms: 18
  • Total Full Baths: 6
  • Total Half Baths: 1
  • Amenities: Public School, Public Transportation
  • Basement Features: Partial

Financial

  • APOD Available: Yes
  • Expenses Source: Accountant Provided
  • Gross Operating Income: 219600
  • Gross Expenses: 51083
  • Net Operating Income: 157536

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

Unit 4 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Construction

  • Year Built: 1940
  • Type: 5+ Family - 5+ Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles, Rubber
  • Flooring Type: Wood
  • Lead Paint: Certified Treated
  • Warranty: No

Other Information

  • MLS ID# 73192529
  • Last Updated: 03/10/24

Property History tap to expand

Date Event Price Price/Sq Ft Source
03/10/2024Active$2,189,000$336MLSPIN
03/06/2024Extended$2,189,000$336MLSPIN
01/27/2024Active$2,189,000$336MLSPIN
01/23/2024Price Change$2,189,000$336MLSPIN
01/14/2024Active$2,390,000$366MLSPIN
01/10/2024New$2,390,000$366MLSPIN
01/01/2024Expired$2,440,000$374MLSPIN
11/04/2023Active$2,440,000$374MLSPIN
10/31/2023Price Change$2,440,000$374MLSPIN
10/21/2023Active$2,490,000$382MLSPIN
10/17/2023Extended$2,490,000$382MLSPIN
10/14/2023Active$2,490,000$382MLSPIN
10/07/2023Price Change$2,490,000$382MLSPIN
10/07/2023Price Change$2,435,000$373MLSPIN
09/26/2023Active$2,590,000$397MLSPIN
09/22/2023New$2,590,000$397MLSPIN

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Seller's Representative: Michael Kuritnik, Greenville Real Estate Group, Inc.
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: 2
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2024-03-10 03:05:00

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