Brosnan Realty Group, Inc
Brosnan Realty Group, Inc | 617-787-2860 | kieran@BrosnanRealty.com

236 Geneva Ave, Boston, MA 02121

Dorchester

Multi-Family

$1,850,000
Price

9
Units
9,597
Approx. GLA
This 9 unit building is comprised of 2 separate but connected buildings on one deed. 236 Geneva Ave has 6 total units with one 1 bedroom, 3 two bedrooms and 2 three bedrooms and generates $10,699 per month. 100 Olney Street has 3 units all with 2 bedrooms and generates $4,414 per month. The total monthly income for all 9 units is $15,113 per month or $181,356 per year. The property is being offered at better then a 6% cap rate (using 30% for expenses of GRI) and is a rare opportunity in todays market to get a building this size that cash flows this well that is in this good of condition. Showings will be done on group basis only as all units occupied.
Open House
No scheduled Open Houses
Highlights
Area/Village: Dorchester
Basement Features: Full
List Price: $1,850,000
Type: Multi-Family
Multi-Family Type: 5-9 Family
Status: Active
Beds: 19
Baths: 9
Units: 9
Year Built: 1920
Approx. GLA: 9,597
MLS#: 72403106
Interior
Basement: Yes
Rooms: 38
Lead Paint: Certified Treated
Total Floors: 3
Exterior
Water: No
Acres: 0.15
Lot Size: 6,361.00
Lot Description: Other (See Remarks)
Foundation: Other (See Remarks)
Parking Spaces: 3
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: No
Assessed Price: $1,295,400
Taxes: $13,576
Tax Year: 2018
Book/Page: 99999/999
Beach
Beach: No
Expenses
Gross Income: $88,968
Total Rent: $15,113
Net Income: $88,968
Additional
Disclosure Declaration: No
Disclosure: Property is 236 Geneva Ave which has 6 units and 100 Olney Street which has 3 units. They are 2 separate but connected buildings on one deed. Taxes and SF and lot size and assessed value are all combined totals for the 2 buildings.
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 4 2 0 1 1 0 Yes 1 $1,400
Unit 2 4 2 0 2 1 0 Yes 1 $1,514
Unit 3 4 2 0 3 1 0 Yes 1 $1,500
Unit 4 4 1 0 1 1 0 Yes 1 $1,350
Map
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The listing office is Bridgestone Properties, LLC and the listing agent is Benjamin Virga. 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 it's 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. The data was last modified on 12/13/2018 2:05:00 PM.
 
Office
Office
Brosnan Realty Group, Inc