12 Lorenzo Street

Boston, MA 02122

$1,289,000
Price
9
Beds
3
Baths
3,264 Sq. Ft.
$395 / Sq. Ft.
3,264
Sq. Ft.
$395
per Sq. Ft.

Description

Investment gem! Great for first time home buyer or investor. Seize this exceptional opportunity to own a massive 3-family property, ideally situated just minutes from 93 N and S, in the convenient Port Norfolk area of Dorchester. This highly sought-after rental property is updated throughout, each unit boasting 3 beds, 1 bath, kitchen, a living room, central air/heat & three sets of laundry facilities in the walk-out basement. Each unit also has tankless hot water heaters, separate systems, and individual...Investment gem! Great for first time home buyer or investor. Seize this exceptional opportunity to own a massive 3-family property, ideally situated just minutes from 93 N and S, in the convenient Port Norfolk area of Dorchester. This highly sought-after rental property is updated throughout, each unit boasting 3 beds, 1 bath, kitchen, a living room, central air/heat & three sets of laundry facilities in the walk-out basement. Each unit also has tankless hot water heaters, separate systems, and individual storage units. Units 1 and 3 are occupied by tenants at will, paying $3,200 respectively. Potential market rent exceeds $9,600 monthly. The property is FULLY LEAD COMPLIANT, making it a superb addition to any active investor's portfolio or an ideal first-time investment – simply turn the key and start cashing checks!
  1. Listed by Arian Simaku • Simaku Realty, LLC

Property Details for 12 Lorenzo Street

Town
Boston
Area
MA-Boston
Garage Spaces
0
Parking Spaces
.00

Open Houses

Saturday, Dec 28th

11:00 AM - 1:00 PM

Public

LISTING UPDATED: 12/27/2024 06:03 PM

Property Details for 12 Lorenzo Street

StatusNew
MLS #73321329
Days on Market3
Taxes$12,277 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 3 Family - 3 Units Up/Down
Year Built1900
CountySuffolk County

Building Information for 12 Lorenzo Street

Stories6Residences3Year Built1900Building Size-Lot Size0.06 AC / 2,765 SF

Property Information for 12 Lorenzo Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Highway Access, Marina, Private School, Public School, T-Station, University
  • Living Area: 3264.0
  • SqFt with Basement: No
  • Total Units: 3
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual,Renovated Since
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Range, Dishwasher, Microwave, Refrigerator
  • Basement Features: Full, Finished, Walk Out
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • DoorFeatures: Insulated Doors
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Hardwood, Tile
  • Interior Features: Ceiling Fan(s), Stone/Granite/Solid Counters, Cathedral/Vaulted Ceilings, Living Room, Dining Room, Kitchen
  • Laundry Features: Gas Dryer Hookup
  • SpaYN: No
  • Window Features: Insulated Windows
Exterior Features
  • Construction: Frame
  • Exterior Features: Balcony/Deck, Balcony
  • Exterior Features: Fenced Yard, Balcony
  • Fencing: Fenced/Enclosed, Fenced
  • Roof Material: Shingle
  • Waterfront Features: Beach Front, Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: On Street Permit
  • Open Parking: Yes
  • Parking Features: On Street Permit
  • Parking Features: On Street Permit
Utilities
  • Cooling: Central Air
  • Cooling: Yes
  • Electric: 220 Volts
  • Heating: Central, Forced Air
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Gas Dryer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Disclosures: The seller is doing 1031 exchange.
Tax Information
  • Tax ID: 1316994
  • Assessments: $1,126,300
  • Book: 61701
  • Tax Year: 2024
  • Zoning: R3
Building / Association Information
Living Characteristics
  • Beds Total: 9
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Concrete Perimeter
Income / Expenses
  • Electricity: $907.00
  • GOI: $6,400.00
  • Insurance: $4,446.00
  • GRE: $4,277
  • RME: $2,967
  • NOI: $76,800.00
  • Operating Expense: $4,277.00
  • WSE: $3,388.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Lease U3: N
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $7,705.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2

Property History for 12 Lorenzo Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 12 Lorenzo Street

Taxable ValueLand$161,100Additions$965,200Total$1,126,300
Tax Record2024$12,277 ($1,023 / month)
Home Facts
Baths3Total Finished SqFt3,264 SqFtAbove Grade Finished SqFt3,264 SqFtStories3Lot Size2,765 SqFtStyleTriplexYear Built1900Year Renovated2010ZoningR3CountySUFFOLKAPNDORC W:16 P:02749 S:000

Schools near 12 Lorenzo Street

This home is within Boston School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - PK to 8
Public - 9 to 12
Public - PK to 1
Rating
School
Distance
Kenny Elementary School
PublicPK to 6

Murphy K-8 School
PublicPK to 8

Community Academy Of Science And Health
Public9 to 12

Henderson Inclusion Elementary School
PublicPK to 1

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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12 Lorenzo Street is a multi-family home for sale in Boston, MA 02122. This property was listed for sale on December 25, 2024 by Simaku Realty, LLC, it's currently listed at $1,289,000. It has been on the market for a total of 3 days and was last sold on September 5, 2019. This listing's school district is Boston School District. Nearby schools include Kenny Elementary School, Murphy K-8 School and Community Academy Of Science And Health. 12 Lorenzo Street is a 9-bed, 3-bath, 3,264 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Simaku Realty, LLC, Arian Simaku

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.