Sold
56-58 Bowdoin Ave, Boston, MA
Boston · MA 02121
- $7,100,000
- Price
- 47
- Beds
- 31
- Baths
- 31570
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1950
Units:
31 Units
Lot size:
0.59 Acre Lot
Price per square foot:
$222 / Sq.Ft
Parking:
15 Off Street Spaces
About this home
Over the past 7 year this massive property has been transformed into the lean & mean income generating machine it is today. All 31 units are made up of one or two bedrooms limiting the total # of people inside each apartment and keeping maintenance related costs at a minimum. Almost all of the units have been updated within the past 7 years and a majority of potential capital projects have already been done as well. There is a driveway leading to 15+ off street parking spaces in the rear of the property. Of the 600K in annual gross rent that is paid at the property only 14% of the total is actually paid by the tenants with the remaining 86% coming from a variety of different housing agencies and non-profit organizations. The sale comes with a an additional lot located at 46 Bullard Street which is included within the asking price for the property. The lot is 3,060 SF in size and may offer some development potential for the new owner.
Neighborhood & Transit
Dorchester
56-58 Bowdoin Ave, Boston · MA 02121
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
-
Four Corners/Geneva Commuter Rail 3 routes 0.28 mi
- Fairmount Line
- Franklin/Foxboro Line
- Providence/Stoughton Line
Price Insight
- Days on Market:
- 2111 days
- Listing Price:
- $7,000,000
- Price per Sq.Ft:
- $222
- Tax Assessment:
- $3,434,800 in 2020
- Taxes:
- $3,023 / Monthly
Home Facts
Interior Features
- Bedrooms
- 47
- Full Bathrooms
- 31
- Half Bathrooms
- 0
- Living Area
- 31,570 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- Unknown
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Unknown
Exterior Features
- Lot Size
- 25,716 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 15 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Unknown
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Benjamin Virga
- Listing office
- Bridgestone Properties, LLC
- MLS PIN #
- 72734651