123 Intervale Street

Boston, MA, 02121

$1,850,000

$422 per ft²
$1,850,000
$422 per ft²
Active
Active
 - For Sale
beds
10 Beds
baths
7 Baths
carpenters-square
4,375 ft²
property_type
Multi-family
calendar
Built 1890
Outstanding investment for landlords, investors,1031 exchanges, and more. What was once a shell of a seared structure, emerges as a brand new, turn-key four-family fully leased until 2027. The building has been completely gutted to the bones and rebuilt from the inside out. From a repointed brick shell to new water and sewer mains, nothing remains of its old self. Being brand new is not even its best quality, the entire building is fully leased for five years with above-market rents with annual increases. Operating expenses should be minimal, the tenant is responsible for all maintenance, utilities, and groundskeeping, while the landlord's responsibilities include water and taxes only. This is a perfect portfolio piece for anybody looking for a low-maintenance investment in one of the hottest real estate markets in the country. 123 Intervale is conveniently located just minutes to Four Corners/Geneva Commuter Line (Purple Line), Fields Corner (Red Line), I-93, and Columbia Road.
MLS® ID:
73019949
Listed:
7/31/22
Updated:
8/17/22

Interior Features

Kitchen Appliances
Other, Gas Water Heater, Utility Connections for Electric Range
Total Bedrooms
10
Full Bathrooms
7
Interior Features
Other, Other (See Remarks), Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen), Unit 4 Rooms(Living Room, Kitchen)
Laundry Description
Unit 1 Laundry Room, Unit 2 Laundry Room, Unit 3 Laundry Room, Unit 4 Laundry Room, Unit 1(Washer Hookup, Dryer Hookup)
Floor Description
Tile, Vinyl, Carpet
Cooling
Other, Unit 1(Central Air), Unit 2(Central Air), Unit 3(Central Air), Unit 4(Central Air)
Heating
Other, Unit 1(Forced Air), Unit 2(Forced Air), Unit 3(Forced Air), Unit 4(Forced Air)

Exterior/Building Features

Lot Size
2,540 ft² lot
Exterior Features
Balcony
Lot Details
Level
Roof
Rubber
Sewer
Public Sewer

Other Property Details

Area Name
Dorchester's Grove Hall
Taxes
$1892.03
Tax Frequency
per YEAR
HOA Amenities
Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, T-Station
Garage
No
Parking
N
View
N
County
Suffolk
Utilities
for Electric Range
Water Source
Public
Pool
No
Total Stories
6
Zoning
R3

 

Courtesy of Christian Murray, North Corner Realty

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Data last updated 11:30 PM UTC, 8/17/22

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