Off Market

25 Ronan St, Boston, MA

Boston · MA 02125

$1,275,000
Price
10
Beds
3
Baths
3924
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1905
Units: 3 Units
Lot size: 4,499 Sq.Ft Lot
Price per square foot: $325 / Sq.Ft
Parking: 3 Off Street Spaces

About this home

25 Ronan Street offers the opportunity to acquire a fully occupied investment Property in an exceptional, urban-infill location at a 6.45% cap rate and is ideal for a potential buyer looking for income growth and strong investment returns. The opportunity exists to increase rents (as was done with the first-floor unit) by converting the 2nd and 3rd floor apartments into 4-Bedroom Units. Each unit is separately metered for electricity, gas heat, and hot water, which the tenants pay directly. The property features condo quality finishes in all units, including kitchens with updated cabinetry and granite countertops, hardwood floors as well as dishwashers and laundry in all units. The property features recent capital improvements including two new gas boilers (the third is relatively new), two new water tanks and 100 amp electrical in each unit and a newer roof and vinyl siding. Also included in the sale is an adjacent lot (0 Ronan Street) consisting of 0.07 Acres.

Neighborhood & Transit

Dorchester

25 Ronan St, Boston · MA 02125

Nearby transit

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

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
1218 days
Listing Price:
$1,275,000
Price per Sq.Ft:
$325
Tax Assessment:
$1,149,500 in 2023
Taxes:
$1,029 / Monthly

Home Facts

Interior Features

Bedrooms
10
Full Bathrooms
3
Half Bathrooms
0
Living Area
3,924 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
3924
Flooring
Unknown
Lead paint
Certified Treated

Utilities

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

Exterior Features

Lot Size
4,499 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
Nick Bevilacqua
Listing office
Horvath & Tremblay
MLS PIN #
73131943
Disclosure
All 3 units are Section 8. Adjacent Lot (0 Ronan St) consisting of 0.07 acres is included in the sale.