Address
1853 Commonwealth Ave, Boston, MA
Price
$ 2,600,000
Property Attributes
  • MLS#73227694
  • TypeMulti-Family
  • CountySUFFOLK
  • CityBoston
  • AreaBrighton
  • Zip02135
  • Style5-9 Family
  • Year Built1910
  • Taxes$ 15427
  • Price$ 2,600,000
  • Bedrooms12
  • Full Bathrooms7
  • Half Bathrooms0
  • Sqr Footage4957
  • Lot Size5,663 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description

Gourgeous mulifamily in Prime Location right on Commionwealth ave in Brighton!!!Rare Opportunity for a developer and savvy investor! Mixed Use Property -- just approved by ZBA to convert to 6 residential units.Currently, Property is 3 Residential: 1) 4bd/2bath + 2) 3bd/1ba - No Changes needed, each have separate entrances, 3) 1bd/1ba.ZBA approval to convert 7 existing offices + 1bd to additional 4 Units. ZBA approved for 4 parkings spots. There is also a self-standing garage. Room for additional parking (currently, 10 cars fit).Approved Plans ?attached.Recent Capital Improvements: New ?Designer Siding done in 2023 (vinyl shingles).Property has been well maintained by non-corporate owner.Ideal location. Close to Boston University, Boston College, steps to Cleveland Circle and St. Elizabeth Hospital, 5 min to MassPike.Incredible opportunity to own a Multi-Family house with substantial post-construction income upside.

Price History
4/24/2024 Listed $2,600,000

General Features

Sewer Public Sewer
Utilities for Gas Range,for Gas Dryer,Washer Hookup
Zoning RC
Garage Spaces 2
Construction Materials Frame
Year Built 1910
Property SubType 5-9 Family
Tax Year 2024
Gross Income 208800
Community Features Public Transportation,Shopping,Pool,Tennis Court(s),Park,Walk/Jog Trails,Medical Facility,Laundromat,Bike Path,Highway Access,House of Worship,Public School,T-Station
County Suffolk
Net Operating Income 176081
Operating Expense 32719
Insurance Expense 1955
Property Type Residential Income
Garage Y/N Yes
Total Rooms 25
Status Active
Directions google maps
City Boston
Disclosures Rents projected after ZBA conversion. 3 1bed/1bath specified are currently officesCurrent rents reflect discounts for long term renters and have higher value
Senior Community Y/N No
Total Units 6
MLS Area Brighton
Lot Size Square Feet 5796
Waterfront Y/N No
Street Name Commonwealth Ave
Year Built Details Actual
Tax Annual Amount 15427.86
Electric Expense 3475
Home Warranty Y/N No
Water Sewer Expense 2123
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 1415400
Total Actual Rent 17400
Compensation Based On Gross/Full Sale Price
Sub-Agency Relationship Offered No

Interior Features

Basement Full
Flooring Wood
Total Stories 7
Fireplace Y/N No
Full Baths 7
Laundry Features Gas Dryer Hookup,Washer Hookup
Total Bedrooms 12
Total Baths 7

Exterior Features

Parking Features Paved Drive,Off Street,Paved
Water Source Public
Total Parking 8
Lot Size Area 0.13
Foundation Details Concrete Perimeter
Spa No
Building Area Total 4957
Lot Size Acres 0.13
Lot Size Units Acres
Covered Spaces 2
Road Frontage Type Public
Open Parking Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 02135

Price
AVG $2.01M
$2.6M
Taxes
AVG $12,486
$15,427
Visits
AVG 204
147
Data Provided by Inside Real Estate®
Year Built
AVG 1899
1910