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58 Prince St, Boston, MA 02113$3,750,000

11
beds
8
baths
4665
ft2
· 1500
ft2 lot
$804 / ft2

Listing provided courtesy of Giancarlo Tiberi, Core Property Group, LLC
Source MLS PIN;
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~$100K Price Drop - Motivated sellers~****RARE NORTH END EIGHT UNIT INVESTMENT OPPORTUNITY**** Offering a EIGHT unit TURN KEY NORTH END rental property. Comprised of (3) Two bedroom One bath units, & (5) One bedroom one bath units. Pro- forma rents are $18,500 per month - $222 K per Year. Building is professionally managed and has been well maintained. Fantastic layouts. Ideal for investors who want to purchase an income generating asset in an area with historically scarce inventory. Perfect for a 1031 Tax Exchange or anyone looking to take advantage of low rates and secure a fabulous investment in Boston’s North End. ROCK SOLID INVESTMENT. Excellent Location near North Station, Downtown Boston, the Financial District & all major transportation points. PRE-APPROVAL NEEDED TO SCHEDULE A SHOWING. BUILDING SOLD AS IS.

HOA

$—/month

On market

2 months

Year built

1920

Property type

5 9 Family

Parking

MLS

72909161

Price / Sq.Ft.

$804 / ft2

Status

Active

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Home details for 58 Prince St

Interior Features & Layout
Rooms Info
•   
Total Levels: 4, 2, 2
•   
Total Levels Unit 1: 1, 1
•   
Total Levels Unit 2: 1, 1
•   
Total Rooms Unit 1: 2
•   
Total Rooms Unit 2: 2
•   
Total Rooms: 4, 27, 4
Bedrooms Info
•   
Total Beds: 11
•   
Unit 2 Beds: 1
•   
Unit 1 Beds: 1
Bathrooms Info
•   
Full Baths: 8, 8
•   
Unit 2 Full Baths: 1
•   
Unit 1 Full Baths: 1
Property, Lot, Community & Exterior Features
Community Info
•   
Total Units In Complex: 8
Property Type
•   
Property Type: 5-9 Family
•   
Mls Prop Type: 5-9 Family
•   
Mls Property Type: Multi-family
Lot Info
•   
Zoning: RES
•   
Lot Description: Other (See Remarks)
•   
Acres: 0.03
Building Info
•   
Sqft Source: Public Record
•   
Square Ft. Disclosure: Total Area: 4665 sqft per Public Record. Buyers to do any and all diligence.
•   
Foundation: Other (See Remarks)
•   
Year Built Description: Approximate
•   
Water/Sewer Built: 1800
•   
Lead Paint: Unknown
•   
Year Built Source: Public Record
Basement Info
•   
Basement
•   
Basement Details: Partial
Utilities & Other Information
Water & Sewer Info
•   
Water Source: City/Town Water
•   
Sewer: 1800, City/Town Sewer
Utilities
•   
Electric: 500
Listing Details, Costs & Financing Information
Financial Info
•   
Insurance Expenses: 6000
•   
Finances Source: Estimated
•   
Apod Available
Listing Info
•   
Offline Listing Number: 3342065
•   
Status: Active
Lease Info
•   
Gross Revenue: 17100
•   
Gross Income: 189600
•   
Net Operating Income: 156518
•   
Lease 1
•   
Lease 2
•   
Total Rent: 15800
•   
Gross Expenses: 8000
Tax/Assessment Info
•   
Tax Year: 2021
•   
Assessed Value: 999.00
•   
Taxes: 14982.00
School Neighborhood & Directions
Location
•   
Street Number: 58
•   
Area: North End
•   
Directions: Salem Street to Prince Street.
Other
Calculation
•   
Price Per Sqft: 803.86
•   
List Price Per Sqft: 803.86
•   
Cdom Property: 31
•   
Cdom Broker: 31
•   
Cdom: 31

Neighborhood snapshot

13
Properties for sale
29
Median days on market
$978.09
Median sold price/sqft
98.55%
Sold/List %
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Property History for 58 Prince St

11/04/2021
11/04/2021
MLS PIN #72909161
active
MLS PIN #72909161
$3,750,000
--2.60%
10/15/2021
10/15/2021
MLS PIN #72909161
active
MLS PIN #72909161
$3,850,000

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