16-18 Fernboro Street

Boston, MA 02121

$2,675,000
Price
28
Beds
12
Baths
8,334 Sq. Ft.
$321 / Sq. Ft.
8,334
Sq. Ft.
$321
per Sq. Ft.

Description

Investors Special! Your opportunity to own a 6-unit property in Boston is here! Assessed as two 3 Units. The chance to expand your investment portfolio is now. This property holds its unique character with exquisite exterior moldings and boasts luxury up-to date modernization. 26 BEDROOMS & 12 BATHROOMS! Each bedroom is rented individually bringing you an excess amount of income. Recent renovations include - Vinyl siding, newer windows, doors, trim, insulation, light fixtures, 6 new Navien hot water...Investors Special! Your opportunity to own a 6-unit property in Boston is here! Assessed as two 3 Units. The chance to expand your investment portfolio is now. This property holds its unique character with exquisite exterior moldings and boasts luxury up-to date modernization. 26 BEDROOMS & 12 BATHROOMS! Each bedroom is rented individually bringing you an excess amount of income. Recent renovations include - Vinyl siding, newer windows, doors, trim, insulation, light fixtures, 6 new Navien hot water tanks, plumbing, electrical. ALL units remodeled with new kitchens with granite/quartz, new bathroom with custom tiles, and flooring. Driveway to private parking lot. Pre-approved and cash buyer special.
  1. Listed by Crystal Kavanaugh • HomeSmart Professionals Real Estate

Property Details for 16-18 Fernboro Street

Town
Boston
Area
MA-Boston
Garage Spaces
0
Parking Spaces
6.00
Parking Spaces Total
6
LISTING UPDATED: 11/03/2024 01:42 PM

Property Details for 16-18 Fernboro Street

StatusActive
MLS #73290248
Days on Market65
Taxes$22,517 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5+ Family - 5+ Units Up/Down
Year Built1900
CountySuffolk County

Building Information for 16-18 Fernboro Street

Stories12Residences6Year Built1900Building Size-Lot Size0.12 AC / 5,216 SF

Property Information for 16-18 Fernboro Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Medical Facility, Highway Access, Public School, T-Station
  • Living Area: 8334.0
  • SqFt with Basement: No
  • Total Units: 6
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Full
  • Num of Baths: 12.0
  • Num of Full Baths: 12
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 12.00
  • Bathrooms Total Integer: 12
  • FireplaceYN: No
  • Fireplaces: 0
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Exterior Features: Deck - Vinyl
  • Lot Description: Easements
  • Patio And Porch Features: Deck - Vinyl
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive
  • Open Parking: Yes
  • Parking Features: Paved Drive
Utilities
  • Electric: 200+ Amp Service
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Disclosures: Easement for driveway access. Each bedroom is rented individually through Boston Housing Programs/Student Programs. $1325-1350 per month. Gross and net based on all rooms rented and estimated expenses. Accessed as TWO - 3 family properties
Tax Information
  • Listing Terms: Lender Approval Required
  • Assessments: $2,065,800
  • Book: 68797
  • Tax Year: 2024
  • Zoning: R
Building / Association Information
Living Characteristics
  • Beds Total: 28
  • Total Living Levels: 12
Other Building Characteristics
  • Foundation: Concrete Perimeter
  • Cooling Units: 0
  • Cooling Zones: 0
  • Heat Units: 6
  • Heat Zones: 6
Income / Expenses
  • Annual Expenses Source: Estimated, Owner
  • GOI: $417,600.00
  • Gross Scheduled Income: $2,500.00
  • Insurance: $7,100.00
  • GRE: $21,000
  • HTE: $6,500
  • NOI: $372,400.00
  • Operating Expense: $21,000.00
  • WSE: $5,100.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 2
  • Lease U3: Y
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 1
  • Lease U4: Y
  • Levels U4: 4
Rental Info
Rental Info
  • Total Actual Rent: $24,300.00

Property History for 16-18 Fernboro Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 16-18 Fernboro Street

This home is within Boston School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 6 to 8
Public - 7 to 12
Public - PK to 1
Rating
School
Distance
King Elementary School
PublicPK to 6

Lilla G. Frederick Middle School
Public6 to 8

Jeremiah E Burke High School
Public7 to 12

Haynes Early Education Center
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.

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16-18 Fernboro Street is a multi-family home for sale in Boston, MA 02121. This property was listed for sale on September 14, 2024 by HomeSmart Professionals Real Estate, it's currently listed at $2,675,000. It has been on the market for a total of 65 days and was last sold on November 18, 2021. This listing's school district is Boston School District. Nearby schools include King Elementary School, Lilla G. Frederick Middle School and Jeremiah E Burke High School. 16-18 Fernboro Street is a 28-bed, 12-bath, 8,334 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.

Listing Courtesy of HomeSmart Professionals Real Estate, Crystal Kavanaugh

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.