Sold
69 Park Dr Unit 5, Boston, MA
Boston · MA 02215
- $437,000
- Price
- 1
- Beds
- 1
- Baths
- 530
- Sq. ft.
Overview
Property type:
Condominium
HOA: HOA: $367 / mo
- HOA Fees Include
- Heat, Hot Water, Water, Sewer, Master Insurance
- Special Assessment
- No
Floor:
1st floor
Pets:
Unknown
Parking:
No Parking
Heating & cooling:
Heat, No AC
Laundry:
Unknown
About this home
INVESTORS! Fantastic opportunity in the BOOMING West Fenway / Boylston Street Corridor! Centrally located on the Back Bay Fens, this ultra-desirable Park Drive address features a charming & spacious 1 bedroom condo unit with high ceilings, large entry foyer, a perfect home office space, generous living space & recently updated eat-in kitchen w/ new granite counters & gas cooking. The sunny living room features a large bay window & original antique knotted pine cabinetry. The value of this blue chip rental asset is anchored by a < 10 minute walk to a dozen universities & The Longwood Medical Area. 100% occupancy for decades w/ strong rental history. Priced to sell at the lowest $/SF in the market space by a wide margin. Current market rent into 2023 is $2,100 / month - this throws a 4.2% ROI day one! Owner has recently paid in full a special assessment for several key capital improvements, further solidifying this investment well into the future. Currently leased through 8/31/22.
Neighborhood & Transit
Fenway
69 Park Dr, Boston · MA 02215
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
-
Museum of Fine Arts Green 0.34 mi
-
Northeastern University Green 0.37 mi
-
Kenmore Green 0.42 mi
-
Lansdowne Commuter Rail 1 route 0.42 mi
- Framingham/Worcester Line
-
Fenway Green 0.49 mi
-
Ruggles Orange Commuter Rail 3 routes 0.49 mi
- Franklin/Foxboro Line
- Needham Line
- Providence/Stoughton Line
Price Insight
- Days on Market:
- 1650 days
- Listing Price:
- $399,000
- Price per Sq.Ft:
- $753
- Tax Assessment:
- $382,100 in 2022
- Taxes:
- $349 / Monthly
- HOA Fee:
- $367 / Monthly
Home Facts
Where is the Unit in the building?
- Unit Placement
- 1st | Upper
- Facing Direction
- Southeast
- Elevator
- Unknown
- Handicap Access
- Unknown
Interior Features
- Bedrooms
- 1
- Full Bathrooms
- 1
- Half Bathrooms
- 0
- Living Area
- 530 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- 1
- Rooms
- 4
- Above grade area
- Unknown
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Central Heat
- Heating Zone
- Unknown
- Cooling
- None
- Cooling Zones
- Unknown
- Water
- City/Town Water
- Sewer
- City/Town Sewer
- Electric Features
- Unknown
Exterior Features
- Outdoor Space
- Unknown
- Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- None
Home Owner Association information
- Restrictions
- Unknown
- HOA
- $367 / Monthly
- HOA Includes
- Heat, Hot Water, Water, Sewer, Master Insurance
- Special Assessment
- No
Listing information
- Listing agent
- Michael Grappo
- Listing office
- M. J. Grappo Realty Associates
- MLS PIN #
- 72940632
- Disclosure
- Current lease in place @ $1,795 through 8/31/22. $25,000 in reserves currently. Recent special assessment paid in full.