116 Homestead Street, DorchesterBoston, MA 02121MLS Number 71769842

  • Sale Price: $2,100,000
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Federal 30-year interest rate: 3.57% last updated on Oct 10, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 20Bedrooms
  • 14,688Square Feet
  • 1940Year Built
  • 0.38Acreage

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A substantial property of the size and kind rarely available in Boston. Solid, brick, exceptionally maintained, in need of no capital improvements, and with the prospect of instant cash-flow growth. Current Gross rent $198,192 with NOI at $161,393 yields a 7.3% cap rate but this could easily be increased to 8.9% with modest rent increases to market rates (See listing attachment for all financials). Located in desirable Elm Hill, this Brookline-style, rock-solid apartment building featuring old-world craftsmanship with its brick exterior, marble staircases, and mahogany trim-work. has been fixed up from stem to stern with new systems, roof, and more making it truly turn-key. New heating & hot water, rubber roof, repointed brick exterior, replacement windows, new fire alarm control, pressure-treated decks, updated unit interiors & more. 1st showings of unit #5, basement, and systems only. Subsequent showing of all units contingent on satisfactory offer being presented.

Listed by Justin L. Green of In Realty Inc

Listing Sold by My Boston Condo

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More Info

Parking

  • Garage Spaces3
  • Parking Spaces6
  • Parking DescriptionOff-Street

Building

  • Year Built1940
  • ConstructionFrame, Brick
  • Bathroom13
  • Full Baths13
  • Terms FeatureOther (See Remarks)
  • Bedrms 12
  • Bedrms 21
  • Bedrms 31
  • Bedrms 42
  • Bedrooms20
  • Total Brs20
  • Rms 15
  • Total Fbh13
  • Rms 23
  • Total Flrs6
  • Rms CommonLaundry, Mudroom, Other (See Remarks)
  • Rms 33
  • Rms 45
  • Total Levels5
  • No Units13
  • No Rooms21
  • Total Rms60
  • Total Rooms21
  • Levels3
  • Col CommonNone
  • Levels 11
  • Levels 21
  • Levels 31
  • App CommonWasher, Dryer
  • Levels 41
  • BasementYes
  • FoundationBrick, Granite
  • Foundation Size105x70
  • DirectionElm Hill Avenue to Homestead Avenue
  • Lead PaintCertified Treated

Water Body

  • WaterfrontNo
  • BeachfrontNo

Photos

  • Number of Photos15
  • Photo Date2014-11-18T00:01:00
  • Prop TypeMF

Basic Information

  • StatusSLD
  • Property Type5-9 Family
  • Date Listed11/18/2014
  • List Price$2,200,000
  • Sale Price$2,100,000
  • Price Per Sq Ft$150
  • Status Date2015-04-14T15:27:00
  • Ant Sold Date2015-02-16T00:00:00
  • MLS Number71769842

Property

  • Acreage0.38
  • Lot Size16508
  • Square Feet14,688
  • Lease 1Y
  • Lease 2Y
  • Lease 3N
  • Lease 4Y
  • Rent41425
  • Rnt Dscrp 2Heat, Water, Hot Water
  • Lot DescriptionPaved Drive, Fenced/Enclosed
  • Rent3800
  • Rent21225
  • Rnt Dscrp 3Heat, Water, Hot Water
  • Rent11450
  • Rnt Dscrp 4Heat, Water, Hot Water
  • Rnt Dscrp 1Heat, Water, Hot Water
  • Total Rent16516
  • Assessments969500
  • Frontage125
  • Main SoAC2453
  • Main LoAC0499
  • Road TypePublic

Exterior

  • ColorBrick
  • ExteriorBrick
  • Exterior FeaturesDeck, Gutters, Fenced Yard
  • Roof MaterialRubber

Utilities

  • Heat Units1
  • Heat Zones1
  • Utility Connectionsfor Electric Range
  • Electric FeatureCircuit Breakers, Individually Metered
  • Energy FeaturesInsulated Windows
  • WaterCity/Town Water
  • Hot WaterNatural Gas
  • SewerCity/Town Sewer
  • Sewage DistrictMWRA

Other

  • UffiUnknown
  • Wse7332
  • Year Built DescrpApproximate
  • Apod AvailableYes
  • Certificate Number55258
  • Insc5992
  • Parcel NumberW:12 P:02249 S:000
  • Noi161393
  • View Count408

Location

  • Street Num116
  • Building Number116
  • StreetHomestead Street
  • TownBoston
  • StateMA
  • Zip02121
  • Zip Code 42302
  • NeighborhoodDorchester
  • CountySuffolk
  • Adult CommunityNo
  • Elementary SchoolBoston Public
  • Junior HighBoston Public
  • High SchoolBoston Public

Interior

  • Ife Dscrp 4Lead Certification Available, Hardwood Floors
  • Ife Dscrp 3Lead Certification Available, Hardwood Floors
  • Ife Dscrp 1Lead Certification Available, Hardwood Floors
  • Ife Dscrp 2Lead Certification Available, Hardwood Floors
  • Rms Dscrp 2Living Room, Kitchen
  • Rms Dscrp 3Living Room, Kitchen
  • Rms Dscrp 4Living Room, Kitchen, Other (See Remarks)
  • Rms Dscrp 1Living Room, Kitchen, Other (See Remarks)
  • Ife CommonLead Certification Available, Intercom, Stone/Ceramic Tile Floor
  • Col Dscrp 4None
  • Col Dscrp 3None
  • Col Dscrp 1None
  • Col Dscrp 2None
  • App Dscrp 3Range, Refrigerator
  • App Dscrp 4Range, Refrigerator
  • App Dscrp 2Range, Refrigerator
  • App Dscrp 1Range, Refrigerator
  • Basement FeatureFull, Partially Finished, Walk Out, Interior Access, Concrete Floor
  • F Bths 21
  • F Bths 11
  • Hea CommonSteam, Gas, Common
  • Hea Dscrp 1Gas, Common
  • F Bths 31
  • Hea Dscrp 2Gas, Common
  • Hea Dscrp 3Gas, Common
  • Hea Dscrp 4Gas, Common
  • Flrs 11
  • Flrs 21
  • Flrs 31
  • FlooringTile, Marble, Hardwood
  • F Bths 41
  • Flrs 41

The property listing data and information, or the Images, 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, 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. 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.

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