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 Grant Cole Realtors BBB Business Review
 

31 Oakwood Street, Boston, MA 02124

Dorchester

Multi-Family

$899,900
Price
$899,900
Sale Price

3
Units
4,140
Approx. GLA
THIS ABSOLUTELY BEAUTIFUL 3 DECKER WAS BUILT FROM GROUND UP IN 2006 AND IS THE VERY DEFINITION OF A HASSLE FREE INVESTMENT PROPERTY. WITH EVERYTHING NEW IN 2006 AND EVERYTHING DONE RIGHT ALL THE NEW OWNER NEEDS TO DO IS DECIDE IF THEY WANT TO COLLECT CURRENT SUBSIDIZED TENANTS 3 BEDROOM RENTS OF $6,259 PER MONTH AND PURSUE THE USUAL ANNUAL INCREASES OR IF THEY WANT TO CONVERT THE UNITS TO 4 BEDROOMS WHENEVER THERE IS A TURNOVER AND INCREASE THE MONTHLY RENTAL POTENTIAL FOR EACH UNIT BY 12% WITH THE ADDITIONAL BEDROOM. THE CURRENT OWNER HAS DONE IT ALL, FROM RENTING TO THE RIGHT TENANTS TO THE BUILDING OF THE PROPERTY ITSELF AND THIS PRIME ASSET IS POISED FOR A SAVVY INVESTOR TO SNATCH IT UP AND SET BACK WHILE THEY LET THEIR MONEY EARN THEM MORE MONEY EACH AND EVERY MONTH!!! ALL UNITS HAVE CENTRAL AC AND TWO FULL BATHROOMS ALONG WITH HARDWOOD FLOORS AND WALK IN CLOSETS. THE QUALITY AND CONDITION OF THIS PROPERTY ALSO PROVIDES A FUTURE CONDO CONVERSION OPPORTUNITY DOWN THE ROAD AS WELL.
Highlights
Sale Price: $899,900
Settled Date: 4/6/2018 12:00:00 AM
Area/Village: Dorchester
Basement Features: Full
List Price: $899,900
Type: Multi-Family
Multi-Family Type: 3 Family
Status: Sold
Beds: 12
Baths: 6
Units: 3
Year Built: 2006
Approx. GLA: 4,140
MLS#: 72247216
 
Interior
Basement: Yes
Rooms: 24
Lead Paint: None
Total Floors: 3
Exterior
Water: No
Acres: 0.11
Lot Size: 5,000.00
Lot Description: Other (See Remarks)
Foundation: Poured Concrete
Parking Spaces: 1
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: No
Assessed Price: $670,300
Taxes: $7,098
Tax Year: 2017
Book/Page: 999999/999
Beach
Beach: No
Expenses
Gross Income: $75,600
Total Rent: $6,259
Net Income: $75,600
Additional
Disclosure Declaration: No
Disclosure: Currently assessed as 3 condo units, at buyers requests seller will file necessary documents at closing to convert this property back to a 3 family at the time of sale. Taxes and Assessed Value are the totals listed on public record for the 3 condominium units for 2017 FY.
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 6 3 0 1 2 0 Yes 1 $2,059
Unit 2 6 3 0 2 2 0 Yes 1 $2,100
Unit 3 6 3 0 3 2 0 Yes 1 $2,100
Map
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The listing office is Bridgestone Properties, LLC and the listing agent is Benjamin Virga. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 10/15/2018 12:35:00 PM.
 
Carol D'Antuono
Carol D'Antuono
CBR
Grant Cole REALTORS ®


Grant Cole REALTORS   Grant Cole REALTORS
52-B Waltham St • Lexington, MA 02421 Map it
Direct: 781-862-3636 • Fax: 781-862-8570
Info@GrantCole.com

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