Sold

1 Louis D Brown Way, Boston, MA

Boston · MA 02124

$879,000
Price
7
Beds
3.5
Baths
2579
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1890
Units: 3 Units
Lot size: 2,578 Sq.Ft Lot
Price per square foot: $341 / Sq.Ft
Parking: 3 Off Street Spaces

About this home

***INVESTMENT OPPORTUNITY*** Well-maintained fully rented three-unit multifamily with parking, offers substantial income and low maintenance! Located in Dorchester?s bustling Fields Corner neighborhood, only .5 mile to the Fields Corner red line train stop. Gross annual rental income is $68,400. Great value-add investment, with the opportunity to increase to current market rents and grow cash flow. Property consists of a 3 bedroom/1.5 bath unit with private deck, and two spacious 2 bedroom/1 bath units. Units 1 and 2, plus common areas and exterior have been de-leaded. Common coin-operated laundry in basement. Roof and decks were replaced in 2014, 3 newer hot water tanks, 3 gas forced air furnaces. Close to nearby shops & restaurants, highway I-93, UMASS Boston, and just a few T stops to downtown Boston.

Neighborhood & Transit

Dorchester's Fields Corner

1 Louis D Brown Way, Boston · MA 02124

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Fields Corner Red 0.39 mi
  • Four Corners/Geneva Commuter Rail 3 routes 0.48 mi
    • Fairmount Line
    • Franklin/Foxboro Line
    • Providence/Stoughton Line

Price Insight

Days on Market:
1147 days
Listing Price:
$879,000
Price per Sq.Ft:
$341
Tax Assessment:
$770,900 in 2023
Taxes:
$690 / Monthly

Home Facts

Interior Features

Bedrooms
7
Full Bathrooms
3
Half Bathrooms
1
Living Area
2,579 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
2579
Flooring
Unknown
Lead paint
Certified Treated, Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
2,578 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
3 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Vinyl
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Steven Cohen Team
Listing office
Keller Williams Realty Boston-Metro | Back Bay
MLS PIN #
73158454
Disclosure
Units 1 and 2, common areas, and exterior have notes of lead compliance. Units 2 and 3 are TAW, Unit 1 is BHA TAW. Photos are from previous tenants/before fully rented.