This Property is No Longer Available
16 Atlantic Street, Boston, MA 02127
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$1,585,000
*Sale Price
2 Unit
5 Beds
3 Baths
2300 SQFT
0.05 Acre

Property Description

Fully renovated two-family home in the heart of South Boston! This property features brand new siding, central A/C and mini splits, hardwood floors, spacious bedrooms, and modern kitchens and bathrooms with stainless steel appliances. Enjoy a large patio space in the rear, perfect for outdoor entertaining. Unit 1 is a large, renovated 1-bedroom unit currently collecting $3,300 a month in rent. Upstairs, you'll find a spacious duplex with 4 bedrooms plus an office, collecting $5,700 a month in rent. There's also potential to add value by converting the basement to a duplex for Unit 1. Additionally, there is room to increase the rent roll after the current lease cycle ends. Low maintenance and ready for new owners to enjoy. The location is fantastic—within walking distance to Broadway shops and restaurants, and next to Thomas Park. Don't miss this incredible opportunity!

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 5
  • Total Full Baths: 3

Financial

  • APOD Available: Yes
  • Gross Operating Income: 108000
  • Net Operating Income: 108000

Utilities

  • 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: 2

Construction

  • Year Built: 1890
  • Foundation Info: Other (See Remarks)
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73249561
  • Last Updated: 11/06/24

Property History tap to expand

Date Event Price Price/Sq Ft Source
11/06/2024Sold$1,585,000$689MLSPIN
09/23/2024Under Agreement$1,595,000$693MLSPIN
09/23/2024Temporarily Withdrawn$1,595,000$693MLSPIN
06/13/2024Active$1,595,000$693MLSPIN
06/09/2024New$1,595,000$693MLSPIN
05/01/2024Expired$1,599,999$696MLSPIN
04/16/2024Temporarily Withdrawn$1,599,999$696MLSPIN
03/05/2024Active$1,599,999$696MLSPIN
03/01/2024New$1,599,999$696MLSPIN
01/12/2023Sold$975,000$424MLSPIN
12/12/2022Under Agreement$1,200,000$522MLSPIN
12/02/2022Contingent$1,200,000$522MLSPIN
11/13/2022Active$1,200,000$522MLSPIN
11/09/2022New$1,200,000$522MLSPIN

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Seller's Representative: John Federico, Grove Property Group
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 2024-11-06 15:50:00

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