Off Market

123 Intervale St, Boston, MA

Boston · MA 02121

$1,750,000
Price
10
Beds
7
Baths
4375
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1890
Units: 4 Units
Lot size: 2,540 Sq.Ft Lot
Price per square foot: $400 / Sq.Ft
Parking: No Parking

About this home

$12,725 AVERAGE MONTHLY over 5 years! Outstanding investment for landlords, investors,1031 exchanges, and more. What was once a shell of a seared structure, emerges as a brand new, turn-key four-family fully leased until 2027. The building has been completely gutted to the bones and rebuilt from the inside out. From a repointed brick shell to new water and sewer mains, nothing remains of its old self. Being brand new is not even its best quality, the entire building is fully leased for five years with above-market rents with annual increases. Operating expenses should be minimal, the tenant is responsible for all maintenance, utilities, and groundskeeping, while the landlord's responsibilities include water and taxes only. This is a perfect portfolio piece for anybody looking for a low-maintenance, turn-key investment. 123 Intervale is conveniently located just minutes to Four Corners/Geneva Commuter Line (Purple Line), Savin Hill (Red Line), I-93, and Columbia Road.

Neighborhood & Transit

Dorchester's Grove Hall

123 Intervale St, Boston · MA 02121

Nearby transit

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

  • Four Corners/Geneva Commuter Rail 3 routes 0.33 mi
    • Fairmount Line
    • Franklin/Foxboro Line
    • Providence/Stoughton Line

Price Insight

Days on Market:
1555 days
Listing Price:
$1,750,000
Price per Sq.Ft:
$400
Tax Assessment:
$173,900 in 2022
Taxes:
$158 / Monthly

Home Facts

Interior Features

Bedrooms
10
Full Bathrooms
7
Half Bathrooms
0
Living Area
4,375 Sq.Ft
Broker Disclosure about Living Area
Measurements are approximate
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
4375
Flooring
Unknown
Lead paint
Unknown

Utilities

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

Exterior Features

Lot Size
2,540 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
None

Construction Details

Construction Type
Unknown
Siding
Brick
Roof
Unknown

Green Features

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

Listing information

Listing agent
Christian Murray
Listing office
North Corner Realty
MLS PIN #
73019949
Disclosure
Building fully leased by a single tenant until 8/31/2027. 4th unit to be approved by the city as an ADU prior to closing, final sign-offs will be completed prior to closing. Taxes are based on pre-construction assessments. New water and sewer lines were installed at the property.
Disclosure
Measurements are approximate