47-49 Massachusetts Ave

Boston \ Back Bay

Overview

Photos

Photos

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Map

Map

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MLS #72411721 - Active
Multi-family - 5-9 Family
47-49 Massachusetts Ave
Boston, MA : Back Bay 02115
Suffolk County
Total Floors:
Total Units:
Total Rent:
$0 
Grade School:
 
Middle School:
 
High School:
 
List Price:
$7,500,000 
 
 
 
 
Total Rooms:
24 
Total Bedrooms:
Total Bathrooms:
6f 1h 
Total Fireplaces:
Directions:
Between Marlborough St and Comm. Ave. 

Remarks

Location! Location!Location! Rare opportunity to purchase two adjacent three story brownstone brick buildings consisting of six (6) residential units and two store front in sought after Back Bay, heart of Boston! Living area does not include large unfinished basement with tall ceilings. Existing gross area with basement is 10,000+/- SF. Current zoning allows higher heights so there may be expansion possibilities. A++ prime location, between Marlborough St and Commonwealth Av, close proximity to Newbury St,Commonwealth Park, MIT, Boston University, Berklee College of Music and Charles River. Close to Northeastern University, Cambridge biotech hub and Harvard University. Property is in mint condition with many recent updates. All residential units have renovated kitchens and bathrooms. Hardwood floors throughout. Tall ceilings. Potential gross rents could be over $270k/year. Great asset to purchase as a legacy investment property or condo conversion and development.

Property Information

Approx. Living Area:
7,233 sqft 
Living Area Includes:
 
Living Area Source:
Public Record 
Living Area Disclosures:
Not including additional unfinished space in large basement with good ceiling heights 
Approx. Acres:
0.07 (3102 sq. ft.) 
Heat/Cool Zones:
/
Heat/Cool Units:
/
Garage Spaces:
Parking Spaces:
Approx. Street Frontage:
 
Disclosures:
Buyer to perform own due diligence on the property. Buyer to confirm real estate taxes with city of Boston. Public records showed two separate parcels with two separate tax bills. 

Annual Expenses

Heating:
Gas:
Electricity:
Water:
Management:
Miscellaneous:
Ann. Prop. Oper. Data:
No 
Annual Expense Source:
 
Repair & Maintenance:
Trash Removal:
Sewer:
Insurance:
Gross Income:
$141000 
Gross Expenses:
Net Income:
$141000 

Unit Descriptions

Unit #1
Rooms:
4

Bedrooms:
2

Bathrooms:
1f 0h

Fireplaces:
0

Levels:
1

Floor:
2

Rent:
3000

Lease:
Y
Unit #2
Rooms:
4

Bedrooms:
2

Bathrooms:
1f 0h

Fireplaces:
0

Levels:
1

Floor:
3

Rent:
2700

Lease:
Y
Unit #3
Rooms:
2

Bedrooms:
1

Bathrooms:
1f h

Fireplaces:
0

Levels:
1

Floor:
3

Rent:
2100

Lease:
Y
Unit #4
Rooms:
2

Bedrooms:
1

Bathrooms:
1f 0h

Fireplaces:
0

Levels:
1

Floor:
3

Rent:
2150

Lease:
Y

Features

Area Amenities:
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University, Other (See Remarks) 
Basement:
Yes 
Beach:
No 
Exterior:
Brick 
Exterior Features:
 
Foundation Size:
 
Foundation Description:
Other (See Remarks) 
Hot Water:
 
Lot Description:
Level 
Sewer Utilities:
City/Town Sewer 
Water Utilities:
City/Town Water 
Waterfront:
Yes 

Other Property Info

Disclosure Declaration:
Exclusions:
 
Lead Paint:
Unknown 
UFFI:
Unknown 
Warranty Features:
No 
Year Built:
1899 
Year Built Source:
Public Record 
Year Built Description:
Approximate 
Year Round:
Yes 
Short Sale w/Lndr.App.Req:
No 
Lender Owned:
No 

Tax Information

Pin #:
 
Assessed:
Tax:
Tax Year:
00 
Book:
Page:
Cert:
 
Zoning Code:
Mixed Use 
Map:
 
Block:
 
Lot:
 

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Content © 2019 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 Jessica Ye of Keller Williams Realty. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.

$7,500,000
Status
Active
Price
$7,500,000 
Bedrooms
Full Baths
Half Baths
Square Feet
7,233 
Parking
 
Pets
Contact Us 

About this Community

Back Bay

Back Bay

Beginning in 1857 and continuing until 1880, the Back Bay, the body of water separating Boston from Brookline, was filled, adding 450 acres of land to the city of Boston. Today it stands as one of the City's premiere neighborhoods...

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