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PENDING

109 Fulton St, Boston, MA 02109$2,975,000

9
beds
7
baths
4843
ft2
· 964
ft2 lot
$614 / ft2

Listing provided courtesy of Jonathan Radford, Coldwell Banker Realty - Back Bay
Source MLS PIN;
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This blue-chip investment opportunity is located at the intersection of the Waterfront, North End and Financial District. This is the first time in 50 years that this property has been available for purchase. The building comprises 5 units, including 3 floor-through two-bedroom units, 1 studio and an owners’ penthouse duplex with three bedrooms. With appropriate permits, the building could be reconfigured to offer 5 floor-through two-bedroom units. There is a full basement with an owners’ office, storage, and a utility room. The building was gutted to the studs in the early 70’s and the renovation was completed in 1975. The property has been meticulously maintained ever since. In the summer of 2021, a new roof was installed, and the façade of the building was repointed. The opportunity now exists for a new owner to modernize the interior and align the rental prices with current market conditions. The building is also ideal as a family investment where multiple generations can live.

HOA

$—/month

On market

4 months

Year built

1899

Property type

5+ Family 5+ Units Up/Down

Parking

MLS

72904650

Price / Sq.Ft.

$614 / ft2

Status

Under Agreement

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Home details for 109 Fulton St

Interior Features & Layout
Heating & Cooling
•   
Heating Description Unit4: Central Heat
•   
Cooling Zones: 6
•   
Cooling Description Unit 4: Central Air
•   
Heating Description Unit 1: Central Heat
•   
Cooling Descr 1: Central Air
•   
Cooling Descr 2: Central Air
•   
Cooling Descr 3: Central Air
•   
Heating Details: Central Heat
•   
Heating Zones: 6
•   
Heating Description Unit2: Central Heat
•   
Heating Description Unit3: Central Heat
Rooms Info
•   
Total Levels: 6, 15, 6
•   
Total Levels Unit 1: 1, 1
•   
Total Levels Unit 2: 2, 1
•   
Total Levels Unit 3: 3, 1
•   
Total Levels Unit 4: 1
•   
Total Rooms Unit 1: 5
•   
Total Rooms Unit 2: 5
•   
Total Rooms Unit 3: 5
•   
Total Rooms Unit 4: 3
•   
Total Rooms: 25, 27, 25
Flooring
•   
Unit 4 Floor Level: 4
Bedrooms Info
•   
Total Beds: 9
•   
Unit 3 Beds: 2
•   
Unit 2 Beds: 2
•   
Unit 1 Beds: 2
Bathrooms Info
•   
Full Baths: 7, 7
•   
Unit 4 Full Baths: 1
•   
Unit 3 Full Baths: 1
•   
Unit 2 Full Baths: 1
•   
Unit 1 Full Baths: 1
Property, Lot, Community & Exterior Features
Community Info
•   
Total Units In Complex: 5
Property Type
•   
Property Type: 5+ Family - 5+ Units Up/Down
•   
Mls Prop Type: 5+ Family - 5+ Units Up/Down
•   
Mls Property Type: Multi-family
Community Features
•   
Area Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, Marina, Private School, Public School, T-Station, University
Lot Info
•   
Zoning: R4
•   
Year Round
•   
Lot Description: City View(s)
•   
Acres: 0.02
Exterior Features
•   
Building Exterior Details: Brick
Building Info
•   
Sqft Source: Measured
•   
Square Ft. Disclosure: 4, 843sf Total Gross Living Area. 5, 809sf Total Gross Building Area.
•   
Foundation: Other (See Remarks)
•   
Roof: Rubber
•   
Year Built Description: Approximate
•   
Lead Paint: Unknown
•   
Year Built Source: Public Record
Basement Info
•   
Basement
•   
Basement Details: Full, Partially Finished, Interior Access
Parking Info
•   
Parking Descriptions: On Street Permit
Utilities & Other Information
Water & Sewer Info
•   
Water Source: City/Town Water
•   
Sewer: City/Town Sewer
Other
•   
Uffi: Unknown
Listing Details, Costs & Financing Information
Listing Info
•   
Offline Listing Number: 3338637
•   
Status: Under Agreement
Lease Info
•   
Gross Revenue: 37683
•   
Gross Income: 155100
•   
Net Operating Income: 117417
•   
Monthly Rent Unit 1: 2600
•   
Monthly Rent Unit 2: 2500
•   
Monthly Rent Unit 3: 2550
•   
Monthly Rent Unit 4: 1600
•   
Lease 2
•   
Lease 3
•   
Lease 4
•   
Total Rent: 12925
Financial Info
•   
Finances Source: Owner Provided
•   
Apod Available
•   
Operating Expense: 12/20
Tax/Assessment Info
•   
Tax Year: 2021
•   
Assessed Value: 1786100.00
•   
Taxes: 19058.00
•   
Apn: W:03 P:03578 S:000
Listing Contacts
•   
Selling Agent: CT006277
School Neighborhood & Directions
Location
•   
Street Number: 109
•   
Area: North End
•   
Directions: Nearest intersection - Fulton and Richmond.
•   
Road Type: Public
•   
Zip Code +4: 1316
Other
Calculation
•   
Price Per Sqft: 614.29
•   
List Price Per Sqft: 614.29
•   
Cdom Property: 85
•   
Cdom Broker: 85
•   
Cdom: 85

Neighborhood snapshot

11
Properties for sale
28
Median days on market
$858.43
Median sold price/sqft
97.68%
Sold/List %
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Property History for 109 Fulton St

12/30/2021
12/30/2021
MLS PIN #72904650
pending
MLS PIN #72904650
$2,975,000
12/09/2021
12/09/2021
MLS PIN #72904650
active
MLS PIN #72904650
$2,975,000
--9.85%
10/06/2021
10/06/2021
MLS PIN #72904650
active
MLS PIN #72904650
$3,300,000

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