$1,550,000
11
Beds
3
Baths
4,389
Living Area
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Property Description
Investors - Welcome to 9 Harvard Ave a just under 8% cap rate with room to grow! This 3 family, corner property also includes a 2,861 sq ft lot behind the building registered as 4 Arvale Rd. Currently being used as parking for the tenants. This well maintained and turnkey property offers 11 beds 3 baths, recently remodeled kitchens and baths, fully occupied with solid renters. Units 1 and 2 could be used as 5 bedrooms, Third floor unit can be used as 4 beds. Third floor is currently under market. The property can also be converted into individual condos. All floors are similar in size and layout. Hardwood floors throughout except for bathrooms and kitchens. Each unit has their own private back porches. Full basement with room for laundry and storage. 48 hours notice for all showings.
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Highlights
- Area: Dorchester
- Heating: Natural Gas
- Parking Spots: 6
- Property Type: 3 Family
- Total Rooms: 18
- Status: Active
- Cooling: Window Unit(s)
- Levels: 6
- Property Class: Residential Income
- Stories: 6
- Year Built: 1890
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Additional Details
- Appliances: Range, Oven, Dishwasher, Refrigerator, Freezer
- Exterior Features: Balcony/Deck
- Foundation: Concrete Perimeter
- Lot Features: Corner Lot
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: R3
- Basement: Full
- Flooring: Wood, Vinyl, Hardwood, Tile
- Interior Features: Ceiling Fan(s), Bathroom With Tub & Shower, Pantry, Living Room, Dining Room, Kitchen
- Road Frontage Type: Public
- Total Number of Units: 3
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Laundromat
- Parking Features: Off Street
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Utilities
- Electric: 220 Volts
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $791,300
- Rental Fee Includes: Unit 1(Electric, Water), Unit 2(Water), Unit 3(Water)
- Taxes: $8,625
- Compensation Based On: Compensation Offered but Not in MLS
- Tax Year: 2024
- Total Rent: $9,650
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Listing information provided courtesy of Coldwell Banker Realty - Boston.
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