This Property is No Longer Available
159-161 Townsend St, Boston, MA 02121
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$2,100,000
*Sale Price
6 Unit
18 Beds
7 Baths
6522 SQFT
0.19 Acre

Property Description

This three-story property offers six well-maintained residential units, making it an excellent investment opportunity. The building includes two 4-bedroom, 1-bath units, and four 3-bedroom, 1-bath units, providing a range of spacious living options. A major improvement was made in May 2024, with the entire roof replaced using both rubber and shingles. Additionally, the property features a nice-sized yard in the rear, perfect for outdoor enjoyment. Situated in the desirable Dorchester neighborhood, this property is ideal for investors looking to capitalize on a high-demand rental market.

Property Details tap to expand

Building Information

  • Total Units: 6
  • Total Floors: 6
  • Total Bedrooms: 18
  • Total Full Baths: 6
  • Total Half Baths: 1
  • Basement Features: Concrete Floor
  • Common Rooms: Family Room, Kitchen, Living Room
  • Common Interior Features: Tile Floor
  • Common Appliances: Washer Hookup
  • Common Heating: Gas, Hot Air Gravity, Hot Water Baseboard

Financial

  • APOD Available: Yes
  • Gross Operating Income: 216725
  • Gross Expenses: 54534
  • Net Operating Income: 162191

Utilities

  • Electric Info: Circuit Breakers, Underground
  • Utility Connections: for Electric Dryer, for Gas Range, Washer Hookup
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: None
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: None
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: Yes
  • Floors: 3

Construction

  • Year Built: 1940
  • Type: 5-9 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles, Rubber
  • Flooring Type: Tile, Vinyl, Wood
  • Lead Paint: Certified Treated, Unknown
  • Warranty: No

Other Information

  • MLS ID# 73304702
  • Last Updated: 03/25/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
03/25/2025Sold$2,100,000$322MLSPIN
12/05/2024Under Agreement$2,290,000$351MLSPIN
11/21/2024Contingent$2,290,000$351MLSPIN
10/25/2024Active$2,290,000$351MLSPIN
10/21/2024New$2,290,000$351MLSPIN
05/01/2024Expired$2,189,000$336MLSPIN
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$2,435,000$373MLSPIN
10/07/2023Price Change$2,490,000$382MLSPIN
09/26/2023Active$2,590,000$397MLSPIN
09/22/2023New$2,590,000$397MLSPIN

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

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MLS PIN data last updated at 2025-03-25 17:06:00

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