10-20 Princeton Street

Boston \ East Boston

Overview

Sold

Photos

Photos

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Map

Map

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MLS #72060243 - Sold
Multi-family - 5-9 Family
10-20 Princeton Street
Boston, MA : East Boston 02128
Suffolk County
Total Floors:
Total Units:
15 
Total Rent:
$19050 
Grade School:
 
Middle School:
 
High School:
 
List Price:
SOLD 
Sale Price:
$3,200,000 
 
 
Total Rooms:
75 
Total Bedrooms:
25 
Total Bathrooms:
15f 0h 
Total Fireplaces:
Directions:
Corner of Meridian & Princeton 

Remarks

Incredible opportunity to purchase a solid East Boston Portfolio -- 15 Units over (5) five three-family buildings in a row make this purchase unique and easy to manage. As Boston's new hot spot, located steps to the newly constructed Seville Condominium development, Maverick Square and a ton of local amenities these buildings are only going to continue to grow in value. Four of the buildings have been renovated, one building needs renovation. The four that are renovated are all Leased with market rate tenants, most pay online and are currently professionally managed. The fifth building needs renovation and will be sold vacant, which makes it easy to get right into it. Tenants pay all utilities, some have gas heat others have electric baseboard heat. The units comprise of 2 bedrooms, 1.5 bedrooms and 1 bedrooms, but all with one bathroom. All of them have decks off the back that overlook a very large backyard.

Property Information

Approx. Living Area:
10,000 sqft 
Living Area Includes:
 
Living Area Source:
Other 
Living Area Disclosures:
12 Princeton has a semi-finished basement that can be tied into unit 1 to make a duplex. Permit req 
Approx. Acres:
0.19 (8132 sq. ft.) 
Heat/Cool Zones:
/
Heat/Cool Units:
/
Garage Spaces:
Parking Spaces:
Approx. Street Frontage:
 
Disclosures:
Buyer to perform own due diligence in verifying all information contained in this MLS listing sheet. Information contained in this MLS sheet can change at anytime and all changes if any need to be verified by Buyer. Broker does not warranty any of this information as permanent/factual data. 

Annual Expenses

Heating:
Gas:
Electricity:
$600 
Water:
$3900 
Management:
$11430 
Miscellaneous:
Ann. Prop. Oper. Data:
Yes 
Annual Expense Source:
Estimated, Owner Provided, Pro. Forma Available 
Repair & Maintenance:
Trash Removal:
Sewer:
$3900 
Insurance:
$8844 
Gross Income:
$278400 
Gross Expenses:
$43625 
Net Income:
$230425 

Unit Descriptions

Unit #1
Rooms:
4

Bedrooms:
1

Bathrooms:
1f 0h

Fireplaces:
0

Levels:
0

Floor:
1

Rent:
1550

Lease:
Y
Unit #2
Rooms:
5

Bedrooms:
2

Bathrooms:
1f 0h

Fireplaces:
0

Levels:
1

Floor:
2

Rent:
1600

Lease:
Y
Unit #3
Rooms:
5

Bedrooms:
2

Bathrooms:
1f h

Fireplaces:
0

Levels:
1

Floor:
3

Rent:
1600

Lease:
Y

Features

Area Amenities:
Public Transportation, Shopping, Highway Access, T-Station 
Basement:
Yes 
Beach:
No 
Exterior:
Vinyl 
Exterior Features:
Porch, Fenced Yard, City View(s), Garden Area 
Foundation Size:
 
Foundation Description:
Poured Concrete 
Hot Water:
Natural Gas 
Lot Description:
City View(s), Cleared, Fenced/Enclosed, Level 
Sewer Utilities:
City/Town Sewer 
Water Utilities:
City/Town Water 
Waterfront:
No 

Other Property Info

Disclosure Declaration:
Exclusions:
 
Lead Paint:
Unknown 
UFFI:
Unknown 
Warranty Features:
 
Year Built:
1900 
Year Built Source:
Public Record 
Year Built Description:
Unknown/Mixed 
Year Round:
Yes 
Short Sale w/Lndr.App.Req:
No 
Lender Owned:
No 

Tax Information

Pin #:
 
Assessed:
Tax:
Tax Year:
2016 
Book:
Page:
Cert:
 
Zoning Code:
RESA 
Map:
 
Block:
 
Lot:
 

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Content © 2024 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of of . MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.

SOLD
Status
Sold
Price
SOLD 
Bedrooms
25 
Full Baths
15 
Half Baths
Square Feet
10,000 
Parking
Yes
Pets
Contact Us 

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