The Rogers/ Melo Team - LAER Realty Partners | Formerly Known as Re/Max Prestige

108-110 George Street, Boston, MA 02119

Roxbury

Multi-Family

$1,149,900
Price
$1,000,000
Sale Price

6
Units
5,238
Approx. GLA
Attention investors, great 6 unit building with a wicked awesome occupancy rate. All the same tenants for years!! Close to everything, minutes to the Silver Line, Buses, Commuter rail, shopping, banking, restaurants, grocery stores. Easy access to 93 & 90. Plenty of street parking, Laundry in the building, all separate utilities and heating systems. Rubber roof is newer. Buy and just start collecting the rent. The numbers work for this gem, the rents are way below market for the area, so there is room to expand these numbers! The Owner says, "come and make me an offer". CAP rate of 6.85% at current asking price. No vacancy in over 5 years Rubber Roof is 5 yo 6 Gas Furnaces are approx. 15 yo 6 Gas Water Heaters are between 3-7 yo Vinyl Siding between 5-10yo All Electric and Plumbing were brought to code 4 years ago & Newer hardwired Smokes, Carbon detectors and emergency lighting installed ***Seller will continue to show in order to obtain back-up offers.
Highlights
Terms: Contract for Deed
Sale Price: $1,000,000
Settled Date: 11/16/2016 12:00:00 AM
Area/Village: Roxbury
Basement Features: Full, Interior Access, Concrete Floor
List Price: $1,149,900
Type: Multi-Family
Multi-Family Type: 5-9 Family
Status: Sold
Beds: 12
Baths: 6
Units: 6
Year Built: 1905
Year Round: Yes
Approx. GLA: 5,238
MLS#: 72023059
 
 
Interior
Basement: Yes
Electricity Cost: $975
Electric Features: Circuit Breakers, Individually Metered
Heating Units: 6
Heating Zones: 6
Flooring: Wood, Tile, Vinyl, Varies Per Unit, Laminate
Energy: Insulated Windows
Hot Water: Natural Gas
Rooms: 24
Lead Paint: Certified Treated
Total Floors: 3
UFFI: Unknown
Exterior
Water: No
Facing: West
Acres: 0.07
Lot Size: 2,860.00
Lot Description: Corner, Level
Foundation: Poured Concrete, Fieldstone
Road Type: Public
Construction: Post & Beam
Roof Material: Rubber
Utility: for Gas Range
Exterior: Vinyl
Water: City/Town Water
Water: City/Town Water
Sewage District: MWRA
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: Yes
Assessed Price: $510,500
Taxes: $6,182
Tax Year: 2015
Book/Page: 51343/93
Warranty Available: No
Beach
Beach: No
Expenses
Expenses Source: Estimated, Owner Provided
Gross Income: $95,400
Gross Expenses: $8,707
Total Rent: $7,950
Net Income: $80,011
Insurance Cost: $2,600
R&M Cost: $1,000
Sewer Cost: $2,592
Water Cost: $2,040
Additional
Amenities: Public Transportation, Shopping, Park, Laundromat, House of Worship
Exclusions: Tenants personal belongings
Disclosure Declaration: No
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 4 2 0 1 1 0 Yes 1 $1,300
Unit 2 4 2 0 2 1 0 Yes 1 $1,325
Unit 3 4 2 0 3 1 0 Yes 1 $1,350
Unit 4 4 2 0 1 1 0 Yes 1 $1,350
Units Extras
Unit 1
Rent Includes:  Water  Applicances:  Range, Refrigerator  Heating:  Hot Water Baseboard, Gas  Interior:  Bathroom with Shower Stall  Rooms:  Living Room, Kitchen 
Unit 2
Rent Includes:  Water  Applicances:  Range, Refrigerator  Heating:  Hot Water Baseboard, Gas  Rooms:  Living Room, Kitchen 
Unit 3
Rent Includes:  Water  Applicances:  Range, Refrigerator  Heating:  Hot Water Baseboard, Gas  Rooms:  Living Room, Kitchen 
Unit 4
Rent Includes:  Water  Applicances:  Range, Refrigerator  Heating:  Hot Water Baseboard, Gas  Rooms:  Living Room, Kitchen 
Common
Rooms:  Other (See Remarks) 
Map
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The listing office is Century 21 NS / Premier Group and the listing agent is Jeff Parkhurst. The property listing data and information, or the images, 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, and the images, 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 it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 9/22/2017 2:35:00 PM.
 
The Rogers/ Melo Team
The Rogers/ Melo Team
LAER Realty Partners