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.

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