21 Sutton Street

    Boston, MA 02126
    • $785,000
    • STATUS: Contingent
    • MLS #: 72557527
    Under Contract
    UPDATED: 41 min ago
    $785,000
    • 9
      BEDS
    • 0.08
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 3,828
      SQFT
    • $205
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1910
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Benjamin Virga of Bridgestone Properties, Llc.

    Description

    Multiple Offers. Highest and Best Offers are due by Tues. 9/10/19 at 5 PM!!!THIS PROFESSIONALLY MANAGED AND VERY WELL MAINTAINED 3 FAMILY IS THE PERFECT OPPORTUNITY FOR BOTH THE SAVVY REAL ESTATE INVESTOR AS WELL AS THE OWNER OCCUPANT LOOKING FOR A NEW HOME WHERE RENTAL INCOME WILL LOWER THE COST OF LIVING. ALL THREE UNITS ARE 5 ROOM, 3 BEDROOM, 1 BATHROOM UNITS WITH ALL 3 CURRENTLY RENTED TO SUBSIDIZED TENANTS. HOWEVER, UNIT 1 HAS GIVEN THEIR 30 DAY NOTICE SO THIS PROPERTY CAN BE DELIVERED WITH THE 1ST FLOOR VACANT FOR AN OWNER OCCUPANT BUYER. WITH A DRIVEWAY, BACK YARD AND LAYOUT THIS PROPERTY WOULD BE IDEAL FOR ANYONE LOOKING TO BUY A 3 FAMILY TO LIVE IN ONE UNIT AND COLLECT RENT ON THE OTHER 2 UNITS. THIS PROPERTY IS BEING OFFERED AT A 7.5% CAP RATE AS IT CURRENTLY GENERATES MONTHLY INCOME OF $6,495 PER MONTH AND AVERAGES EXPENSES THE EQUIVALENT OF 25% PER MONTH OF THE GROSS RENTAL INCOME.

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    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. Data last updated 2019-09-16T19:47:18.88.
    www.trustrealtyone.com/homes/98584154

    21 Sutton Street Boston, MA 02126

    • Price: $785,000
    • Status: Contingent
    • Updated: 41 min ago
    • MLS #: 72557527
    9
    Beds
    3
    Baths
    0
    ½ Baths
    0.08
    Acres
    3,828
    SQFT
    $205
    $/SQFT
    1910
    Built
    Neighborhood:
    Mattapan
    County:
    Suffolk
    Area:
    Mattapan
    Property Description
    Multiple Offers. Highest and Best Offers are due by Tues. 9/10/19 at 5 PM!!!THIS PROFESSIONALLY MANAGED AND VERY WELL MAINTAINED 3 FAMILY IS THE PERFECT OPPORTUNITY FOR BOTH THE SAVVY REAL ESTATE INVESTOR AS WELL AS THE OWNER OCCUPANT LOOKING FOR A NEW HOME WHERE RENTAL INCOME WILL LOWER THE COST OF LIVING. ALL THREE UNITS ARE 5 ROOM, 3 BEDROOM, 1 BATHROOM UNITS WITH ALL 3 CURRENTLY RENTED TO SUBSIDIZED TENANTS. HOWEVER, UNIT 1 HAS GIVEN THEIR 30 DAY NOTICE SO THIS PROPERTY CAN BE DELIVERED WITH THE 1ST FLOOR VACANT FOR AN OWNER OCCUPANT BUYER. WITH A DRIVEWAY, BACK YARD AND LAYOUT THIS PROPERTY WOULD BE IDEAL FOR ANYONE LOOKING TO BUY A 3 FAMILY TO LIVE IN ONE UNIT AND COLLECT RENT ON THE OTHER 2 UNITS. THIS PROPERTY IS BEING OFFERED AT A 7.5% CAP RATE AS IT CURRENTLY GENERATES MONTHLY INCOME OF $6,495 PER MONTH AND AVERAGES EXPENSES THE EQUIVALENT OF 25% PER MONTH OF THE GROSS RENTAL INCOME.
    Exterior Features

    Beachfront No Foundation Other (See Remarks) Garage Spaces 0 Lot Description Other (See Remarks) Parking Spaces 4 Waterfront Flag No

    Interior Features

    Basement Yes Basement Features Full Bedrooms Unit1 3 Bedrooms Unit2 3 Bedrooms Unit3 3 Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Fireplaces Unit3 0 Floors Unit1 1 Floors Unit2 2 Floors Unit3 3 Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 1 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Hot Water Natural Gas Levels 3 Levels Unit1 1 Levels Unit2 1 Levels Unit3 1 Rooms 15 Rooms Unit1 5 Rooms Unit2 5 Rooms Unit3 5

    Property Features

    Apod Available No Assessments 551200.00 Disclosure No Disclosures Unit 1 Has Given 30 Day Notice To Vacate On 9/30/19. Unit 1 Can Be Delivered Vacant To An Owner Occupant Buyer Or Re-Rented To A New Subsided 3 Bedroom Voucher Holder Depending On What The Buyer Prefers. Gross Operating Income 77940 Lead Paint Certified Treated Lease Unit1 N Lease Unit2 Y Lease Unit3 Y Lender Owned No Multifamily Type 3 Family Net Operating Income 77940 Rent Unit1 2173 Rent Unit2 2149 Rent Unit3 2173 Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Source Public Record Tax Year 2019 Taxes 5809.65 Water City/Town Water Year Built Description Renovated Since Year Built Source Public Record Zoning Res

    Listing information © 2019 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Benjamin Virga of Bridgestone Properties, Llc.


    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. Data last updated 2019-09-16T19:47:18.88.
     
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    Listing courtesy of Benjamin Virga of Bridgestone Properties, Llc.