75 Webster Street

Boston, MA 02128

$1,150,000
Price
5
Beds
3
Baths
2,817 Sq. Ft.
$408 / Sq. Ft.
2,817
Sq. Ft.
$408
per Sq. Ft.

Description

Investment opportunity Well maintained Jeffries Point Three unit investment comprised of (1), 1-bedroom/1-bathroom unit, and (2) 2-bedroom/1-bathroom units. Prominently positioned in the vibrant Jeffries Point neighborhood of East Boston. This Property presents a unique opportunity to acquire a fully leased core asset in an exceptional urban-infill location within one of the nation's most robust real estate markets. Fully leased with laundry room in the basement, and below market rents. Opportunity...Investment opportunity Well maintained Jeffries Point Three unit investment comprised of (1), 1-bedroom/1-bathroom unit, and (2) 2-bedroom/1-bathroom units. Prominently positioned in the vibrant Jeffries Point neighborhood of East Boston. This Property presents a unique opportunity to acquire a fully leased core asset in an exceptional urban-infill location within one of the nation's most robust real estate markets. Fully leased with laundry room in the basement, and below market rents. Opportunity to dramatically increase the cash flow by achieving market rents through cosmetic renovations, expansion of living space into the basement, potential roof deck addition and strategic lease renewals. The Property is separately metered for electricity, which the tenants pay directly. The landlord is responsible for common area electric, and domestic water and sewer. Closing to take place in January 2025.
  1. Listed by Giancarlo Tiberi • Core Property Group, LLC
  2. Listed by Christopher Capo • Core Property Group, LLC

Property Details for 75 Webster Street

Town
Boston
MLS Area
East Boston's Jeffries Point
Area
MA-Boston-East Boston's Jeffries Point, MA-Boston
Garage Spaces
0
Parking Spaces
.00
LISTING UPDATED: 10/25/2024 03:09 AM

Property Details for 75 Webster Street

StatusActive
MLS #73299591
Days on Market41
Taxes$11,022 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 3 Family
Year Built1900
CountySuffolk County

Building Information for 75 Webster Street

Stories6Residences3Year Built1900Building Size-Lot Size0.03 AC / 1,100 SF

Property Information for 75 Webster Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Laundromat, Highway Access, Public School
  • Living Area: 2817.0
  • SqFt with Basement: No
  • Total Units: 3
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • FireplaceYN: No
  • Fireplaces: 0
  • SpaYN: No
Exterior Features
  • Lot Description: Other
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
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Disclosures: Property to be Sold As-Is with all tenants in place. Unit 1 is on lease to 6/30/27 $1750 per month. Unit 2 TAW $2250 . Unit 3 TAW $2350. Buyers and brokers to do any and all due diligence. All units have electric baseboard heat,each unit has their own gas hot water tank.
Tax Information
  • Tax ID: W:01 P:04494 S:000,1329700
  • Assessments: $1,011,200
  • Book: 0
  • Tax Year: 2024
  • Zoning: R3
Building / Association Information
Living Characteristics
  • Beds Total: 5
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Brick/Mortar
Income / Expenses
  • Annual Expenses Source: Pro. Forma Available
  • GOI: $76,200.00
  • NOI: $58,629.00
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: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Lease U3: N
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $6,350.00

Property History for 75 Webster 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 75 Webster Street

Taxable ValueLand$219,600Additions$791,600Total$1,011,200
Tax Record2024$11,022 ($918 / month)
Home Facts
Baths3Total Finished SqFt2,817 SqFtAbove Grade Finished SqFt2,817 SqFtStories3Lot Size1,100 SqFtStyleTriplexYear Built1900Year Renovated2014ZoningR3CountySUFFOLKAPNEBOS W:01 P:04494 S:000

Schools near 75 Webster Street

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

McKay K-8 School
PublicPK to 8

East Boston High School
Public7 to 12

East Boston Early Childhood 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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75 Webster Street is a multi-family home for sale in Boston, MA 02128. This property was listed for sale on October 7, 2024 by Core Property Group, LLC, it's currently listed at $1,150,000. This listing's school district is Boston School District. Nearby schools include Adams Elementary School, McKay K-8 School and East Boston High School. 75 Webster Street is a 5-bed, 3-bath, 2,817 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 Core Property Group, LLC, Giancarlo Tiberi; Core Property Group, LLC, Christopher Capo

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.