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SOLD 1/6/2016

178 Bowen, Boston, MA 02127

6
beds
2
baths
1890
ft2
· 1500
ft2 lot

$590,000

$312 / ft2

Listing provided courtesy of Listing Broker: Adam Burns, Boston Green Realty
Source MLS PIN;
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ATTENTION INVESTORS - ARE YOU LOOKING FOR YOUR WINTER PROJECT? LOOK NO FURTHER! Legal 2-family home in just under 2,000 square feet, currently used as a single family home. Prime for condo conversion or to renovate, rent, and hold. All systems are set up to be easily converted back to two units. Two electric meters, two gas meters, two heating systems, two hot water tanks, etc. Let's do the math - If you purchase this property for $600,000 and invest a further $100,000 into it to create two nice rentable units (a 1 bed and a 4 bed) you could conservatively expect to generate $6,000 per month or $72,000 annually. THAT EQUATES TO A 10.3% CAP ON YOUR $700,000 TOTAL INVESTMENT. This one just makes sense. Delivered vacant at closing. Showings will begin this weekend at the open houses. Offers, if any, will be reviewed Tuesday (10/20) at noon. Seller reserves the right to accept an offer at any time. Please make all offers good until 10/21 at 5pm.

HOA

$—/month

On market

21 days

Year built

1880

Property type

2 Family 2 Units Up/Down

Parking

MLS

71917935

Price / Sq.Ft.

$312 / ft2

Status

Sold

Home details for 178 Bowen

Interior Features & Layout
Rooms Info
•   
Additional Rooms: Kitchen, Living RM/Dining RM Combo, Office/Den, Kitchen, Living RM/Dining RM Combo
•   
Total Levels: 3, 3, 3
•   
Total Levels Unit 1: 1, 1
•   
Total Levels Unit 2: 2, 2
•   
Total Rooms Unit 1: 3
•   
Total Rooms Unit 2: 6
•   
Total Rooms: 9, 9, 9
Heating & Cooling
•   
Heating Units: 2
•   
Heating Zones: 2
Appliances
•   
Hot Water: Natural Gas
Interior Features
•   
Energy Details: Insulated Windows
Bedrooms Info
•   
Total Beds: 6
•   
Unit 2 Beds: 4
•   
Unit 1 Beds: 1
Bathrooms Info
•   
Full Baths: 2, 2
•   
Unit 2 Full Baths: 2
•   
Unit 1 Full Baths: 1
Flooring
•   
Flooring: Wood, Tile
Property, Lot, Community & Exterior Features
Property Features
•   
Beach Description: Harbor
•   
Beachfront
•   
Beach Ownership: Public
Community Info
•   
Total Units In Complex: 2
Exterior Features
•   
Color: Red
•   
Building Exterior Details: Shingles, Deck, Deck - Wood, Patio, Gutters, Screens, Fenced Yard, Garden Area
Property Type
•   
Property Type: 2 Family - 2 Units Up/Down
•   
Mls Prop Type: 2 Family - 2 Units Up/Down
•   
Mls Property Type: Multi-family
Lot Info
•   
Zoning: H-1-50
•   
Year Round
•   
Lot Description: Level
•   
Acres: 0.03
Building Info
•   
Sqft Source: Public Record
•   
Foundation: Brick, Granite
•   
Roof: Rubber
•   
Year Built Description: Approximate, Renovated Since
•   
Lead Paint: Unknown
•   
Year Built Source: Public Record
•   
Construction Materials: Frame
Basement Info
•   
Basement
•   
Basement Details: Full, Interior Access, Bulkhead, Unfinished Basement
Parking Info
•   
Parking Descriptions: On Street Permit
Utilities & Other Information
Water & Sewer Info
•   
Water Source: City/Town Water
•   
Sewer: City/Town Sewer
Utilities
•   
Utilities: for Gas Range
Listing Details, Costs & Financing Information
Listing Info
•   
Offline Listing Number: 2186053
•   
Oh Flag: 1
•   
Status: Sold
Financial Info
•   
Fin Code: Conv. Fixed
Lease Info
•   
Gross Income: 72000
Listing Details
•   
Disclosures: Property is a legal 2-family dwelling. Currently utilized as a single family dwelling. All separate systems still present. Income numbers based on market rents for a 1 bedroom and a 4 bedroom duplex unit. Bed/ bath count for individual units based on recommended unit layout - not current.
Tax/Assessment Info
•   
Tax Year: 2015
•   
Assessed Value: 418600.00
•   
Taxes: 5069.25
Listing Contacts
•   
Selling Agent: NB111800
School Neighborhood & Directions
Location
•   
Street Number: 178
•   
Map Book: 45568
•   
Area: South Boston
•   
Beach Distance: 1/10 to 3/10
•   
Map Page: 104
•   
Directions: E Street > Bowen
•   
Road Type: Public
Other
Other
•   
Main So: NB3915
Calculation
•   
Price Per Sqft: 312.17
•   
List Price Per Sqft: 317.41
•   
Sold Price Per Sqft: 312.17
•   
Cdom Property: 22
•   
Cdom Broker: 22
•   
Cdom: 22

Neighborhood snapshot

196
Properties for sale
22
Median days on market
$752.52
Median sold price/sqft
99.34%
Sold/List %
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Property History for 178 Bowen

01/14/2016
01/14/2016
MLS PIN #71917935
sold
MLS PIN #71917935
$590,000
01/05/2016
01/05/2016
Public Record
sold
Public Record
$590,000

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