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PENDING

317 Meridian St, Boston, MA 02128$850,000

5
beds
2.5
baths
2452
ft2
· 2160
ft2 lot
$347 / ft2

Listing provided courtesy of Leland Dimeco, Boston Green Realty
Source MLS PIN;
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Solid Brick 3-Family with solid cash flow, grossing $67,200/yr!!! Located in a great part of East Boston on Meridian St. Many new renovations and upgrades since ownership, which include: New Electrical panels, New Siding, New Rear Deck, Some New Windows, Unit 1 (Retail) new mini-split (heat/cool), new 400amp service (pending final connect from Eversource), new sheetrock, new recessed lighting. Unit 2 has a new Mini-Split heating/cooling system and Unit 3 with HVAC system, plus full renovation including new fully applianced kitchen, tile bathroom and private rear deck. Great turn key investment property that has all the residential units leased up, don't let this one slip away!! Showings by appointment and seriously inquiries only. 7.3% Cap Rate.

HOA

$—/month

On market

2 months

Year built

1899

Property type

3 Family

Parking

MLS

72917421

Price / Sq.Ft.

$347 / ft2

Status

Under Agreement

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Home details for 317 Meridian St

Interior Features & Layout
Interior Features
•   
Electric Details: Circuit Breakers, 100 Amps, 400 Amps
•   
Utility Description: Water, Water, Water
Heating & Cooling
•   
Cooling Zones: 3
•   
Heating Units: 3
•   
Heating Description Unit 1: Ductless Mini-Split System
•   
Cooling Units: 3
•   
Cooling Descr 1: Ductless Mini-Split System
•   
Cooling Descr 2: Ductless Mini-Split System
•   
Cooling Descr 3: Ductless Mini-Split System
•   
Heating Zones: 3
•   
Heating Description Unit2: Ductless Mini-Split System
•   
Heating Description Unit3: Ductless Mini-Split System
Rooms Info
•   
Common Rooms: Laundry
•   
Total Levels: 3, 6, 3
•   
Total Levels Unit 1: 1, 1
•   
Total Levels Unit 2: 2, 1
•   
Total Levels Unit 3: 3, 1
•   
Total Rooms Unit 1: 2
•   
Total Rooms Unit 2: 3
•   
Total Rooms Unit 3: 5
•   
Total Rooms: 10, 10, 10
Appliances
•   
Hot Water: Natural Gas, Electric
Bedrooms Info
•   
Total Beds: 5
•   
Unit 3 Beds: 3
•   
Unit 2 Beds: 2
Bathrooms Info
•   
Full Baths: 2, 2
•   
Half Baths: 1, 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: 3
Exterior Features
•   
Color: Brick
•   
Building Exterior Details: Brick, Deck
Property Type
•   
Property Type: 3 Family
•   
Mls Prop Type: 3 Family
•   
Mls Property Type: Multi-family
Community Features
•   
Area Amenities: Public Transportation, Shopping, Highway Access, T-Station
Lot Info
•   
Zoning: RESA
•   
Lot Description: City View(s)
•   
Acres: 0.05
Building Info
•   
Sqft Source: Other
•   
Foundation: Other (See Remarks)
•   
Roof: Asphalt/Fiberglass Shingles, Rubber
•   
Year Built Description: Approximate, Renovated Since
•   
Water/Sewer Built: 1149
•   
Lead Paint: Unknown
•   
Year Built Source: Owner
•   
Construction Materials: Brick
Utilities & Other Information
Water & Sewer Info
•   
Water Source: City/Town Water
•   
Sewer: 1149, City/Town Sewer
Utilities
•   
Utilities: for Gas Range
•   
Electric: 346
Listing Details, Costs & Financing Information
Financial Info
•   
Insurance Expenses: 1698
•   
Finances Source: Owner Provided
•   
Apod Available
•   
Operating Expense: 12/20
Listing Info
•   
Offline Listing Number: 3353312
•   
Status: Under Agreement
Lease Info
•   
Gross Revenue: 5140
•   
Gross Income: 67200
•   
Net Operating Income: 62060
•   
Monthly Rent Unit 1: 1500
•   
Monthly Rent Unit 2: 1650
•   
Monthly Rent Unit 3: 2450
•   
Lease 1
•   
Lease 3
•   
Total Rent: 5600
Listing Details
•   
Disclosures: LEASE INFORMATION: (Unit 1)- Retail, Leased until 4/1/24. (Unit 2) - TAW, (Unit 3) - 8/31/22
Tax/Assessment Info
•   
Tax Year: 2020
•   
Certificate Number: 000000027730
•   
Assessed Value: 999999.00
•   
Taxes: 5729.00
•   
Apn: W:01 P:02598 S:000
Listing Contacts
•   
Selling Agent: CT000508
School Neighborhood & Directions
Location
•   
Street Number: 317
•   
Map Book: 55923
•   
Area: East Boston
•   
Map Page: 312
•   
Directions: google
•   
Road Type: Public
•   
Zip Code +4: 1626
Other
Calculation
•   
Price Per Sqft: 346.66
•   
List Price Per Sqft: 346.66
•   
Cdom Property: 59
•   
Cdom Broker: 59
•   
Cdom: 59

Neighborhood snapshot

98
Properties for sale
20
Median days on market
$687.70
Median sold price/sqft
99.40%
Sold/List %
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Property History for 317 Meridian St

01/11/2022
01/11/2022
MLS PIN #72917421
pending
MLS PIN #72917421
$850,000
12/30/2021
12/30/2021
MLS PIN #72917421
temp_off_market
MLS PIN #72917421
$850,000
12/16/2021
12/16/2021
MLS PIN #72917421
active
MLS PIN #72917421
$850,000
--5.56%
11/28/2021
11/28/2021
MLS PIN #72917421
active
MLS PIN #72917421
$899,999
--3.74%
11/07/2021
11/07/2021
MLS PIN #72917421
active
MLS PIN #72917421
$935,000
+10.00%
See more property history

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