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Home Massachusetts Multi-Family Homes for Sale

67-69 Tower St Boston, MA 02130
67-69 Tower St, Boston, MA
Not Available - Off Market
0
$1,375,000
Total Beds: 7 Total Baths: 3
Total Units: 3 SQFT: 3227
LOT size: 0.08 Acres
67-69 Tower St
Boston, MA 02130
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This Property is No Longer Available

Property Description

**Turn-key Investment Property". Ideal for owner-occupied buyer. Live in one unit & rent out the others; or rent all 3-units. Potential to condo convert. Excellent location just .2 miles to Forest Hills Train station (Orange Line). Or take shuttle to Brigham & Women's Faulkner Hospital. Current owners have owned & maintained for nearly 30+ years. Property consists of 3 units. 1st floor unit = 2 beds/1bath (could be 3 beds) rented for $2,675 until Aug 1st, 2025. 2nd floor unit = 3 bed/1 bath rented for $2,695 will be delivered vacant Sept 1st. 3rd floor unit = 2 bed/1 bath rented for $2,300 until Feb 28th 2025. Current rents are below market value. All separate utilities including 2 new boilers. Coin-Op Washer Dryer in the basement for extra income. Seller is doing a 1031 exchange. Buyer to cooperate with seller's 1031 exchange timeline. Seller has the right to reject or refuse any and all offers.***PRIVATE SHOWINGS FRIDAY 8/16 @ 12pm & SATURDAY 8/17 at 12pm***PLEASE ARRIVE EARLY
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Property Details

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 7
  • Total Full Baths: 3
  • Amenities: Bike Path, Conservation Area, Medical Facility, Public Transportation, T-Station, University, Walk/Jog Trails
  • Basement Features: Full, Walk Out

Financial

  • APOD Available: Yes
  • Expenses Source: Estimated, Owner Provided
  • Gross Operating Income: 84240
  • Gross Expenses: 16750
  • Electric Expenses: 945
  • Water/Sewer: 1700
  • INSC: 3000
  • Net Operating Income: 67500

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: Yes

Construction

  • Year Built: 1900
  • Type: 3 Family - 3 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Granite
  • Flooring Type: Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73277161
  • Last Updated: 09/14/24
  • Terms: Contract for Deed, Rent w/Option

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Map

Seller's Representative: Stephen Martin, Aluxety
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2024-09-14 03:05:00

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