$2,600,000
9
Beds
3
Baths
4,404
Living Area
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Property Description
Calling all investors and 1031 buyers looking for a VALUE-ADD investment! Gigantic free-standing City Point 3-family fetching almost $15k/month with room to improve! This spacious building offers three bedrooms plus an office (which could be a 2nd full bathroom or 4th bedroom), one bathroom, and laundry in each unit. Units 2 and 3 have an updated bathroom and kitchen that walks out onto a private deck which is great for entertaining. All systems are separately metered and the tenants financial responsibility. Property comes with 5 parking spaces in the rear bringing in an additional $2k/month! Don't miss out on this once in a lifetime opportunity!
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Highlights
- Area: South Boston
- Property Class: Residential Income
- Total Rooms: 18
- Status: Closed
- Parking Spots: 5
- Property Type: 3 Family
- Year Built: 1905
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Additional Details
- Basement: Full, Interior Entry, Unfinished
- Foundation: Stone
- Road Frontage Type: Public
- Total Number of Units: 3
- Year Built Source: Public Records
- Flooring: Tile, Hardwood, Pine, Parquet
- Lot Features: Easements, Cleared, Level
- Roof: Shingle, Rubber
- Year Built Details: Approximate, Renovated Since
- Zoning: R3
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Amenities
- Parking Features: Shared Driveway, Off Street
- Waterfront Features: Beach Front, Ocean, 1/10 to 3/10 To Beach, Beach Ownership(Public)
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $1,947,100
- Compensation Based On: Net Sale Price
- Taxes: $20,912
- Buyer Agent Compensation: 2%
- Tax Year: 2023
- Total Rent: $14,300
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