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116 Wales St, Boston MA 02124 – 15 bed 1 bath For Sale – 73280071

$ 1,699,900
116 Wales St, Boston MA 02124, ,

Overview

  • Updated On:
  • December 14, 2024
  • listingid
  • 73280071
  • 15 Bedrooms
  • 1 Bathroom
  • 0 Garage Spaces
  • 10 Total Parking
  • 1965
  • HOA Fee

Description

Great investment opportunities! Revenue enhancements through possible rent increases, laundry installation, possible parking fees and possible building expansion on the huge lot. 8- 2 Bedroom units in a low maintenance building The building is concrete block construction on a concrete foundation with concrete floors/ceilings – very low maintenance. Electric heat so there are no heating systems to maintain. Again, very low operating costs! See attached rent roll. .Proof of Funds or letter of bank credit needed prior to viewing the property.

Property Details

Property Id: 411281
Price: $ 1,699,900
Property Size: 5,760.00 ft2
Property Lot Size: 0.13 ft2
Rooms: 32
Bedrooms: 15
Bathrooms: 1
Full Bath: 1
Total Bathrooms: 1
Disclosures: N
Last Updated: 2024-11-18T08:10:20.512Z
Building Area Source: Public Records
Building Area Total: 5760
Building Area Units: Square Feet
Community Features: Public Transportation,Shopping,Park,Highway Access,Public School,T-Station
Construction Materials: Stone
Contingency: Pending P&S
Directions: Near the corner of Talbot Ave. Wales is a one-way from (Harvard St or Blue Hill Ave)
Disclosures: Listing agent has an ownership interest in this property.
Expiration Date: 1900-01-01
Fencing: Fenced/Enclosed
Financial Data Source: Estimated
Flooring: Vinyl,Carpet,Laminate
Foundation Details: Concrete Perimeter
Gross Income: 112500
High School: Latin By Exam
Laundry Features: Electric Dryer Hookup,Washer Hookup
List Agent MlsId: TEAM0336
List Office MlsId: AN1366
Listing Agreement: Exclusive Right To Sell
Listing Contract Date: 2024-08-21
Listing ID: 73280071
Lot Features: Corner Lot,Level
Lot Size: 0.13
Lot Size SqFt: 5610
Lot Size Units: Acres
Anticipated Sale Date: 2025-02-28T05:00:00.000Z
Date Available: No
Bedroom 1: 2
Bedroom 2: 2
Bedroom 3: 2
Bedroom 4: 2
Bath 1: 2
Bath 2: 2
Bath 3: 2
Bath 4: 2
Hot Water: Electric
Lead Paint: Unknown
Lease 1: N
Lease 2: N
Lease 3: N
Unit 1 Living Levels: 1
Unit 2 Living Levels: 1
Unit 3 Living Levels: 1
Unit 4 Living Levels: 1
Listing Alert: No
Price Per SqFt: 295.12
Days in Market: 55
Total Days on Market: 55
MLS PIN Page: 113
Price Per SqFt: 295.12
Unit 1 Rent: 775
Unit 2 Rent: 850
Unit 3 Rent: 1600
Unit 4 Rent: 1500
Sewage District: MWRA
Living Area Includes Basement: No
Team Member: BB903079
Water View: No
Middle School: Latin By Exam
MLS Status: Under Agreement
Last Updated: 2024-11-18T08:05:00.000Z
Net Operating Income: 77183
Number Of Units: 8
Off Market Date: 2024-11-17
Original List Date: 2024-08-21T12:46:00.000Z
Original List Price: 1699900
Parcel Number: W:14 P:02163 S:000,1310126
Parking Features: Off Street
Total Parking: 10
Purchase Contract Date: 2024-11-01
Road Type: Public
Roof: Rubber
Sewer: Public Sewer
State: MA
Status Change Time: 2024-11-18T08:05:00.000Z
Total Stories: 9
Tax Annua lAmount: 12321
Tax Assessed Value: 1130400
Tax Book Number: 21688
Tax Year: 2024
Total Actual Rent: 4725
Utilities: for Electric Dryer,Washer Hookup
Water Source: Public
Window Features: Insulated Windows
Year Built: 1965
Year Built Details: Approximate
Year Built Source: Public Records
Zoning: A

Payment Calculator

$ 9,739.98
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 8,153.41

Property Address

Address: 116 Wales St, Boston MA 02124
City:
State/County:
Zip: 02124
Country: US

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116 Wales St, Boston MA 02124 | © 2024 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS ARE DEEMED RELIABLE, BUT SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. THE NUMBER OF BEDROOMS LISTED ABOVE IS NOT A LEGAL CONCLUSION. EACH PERSON SHOULD CONSULT WITH HIS/HER OWN ATTORNEY, ARCHITECT OR ZONING EXPERT TO MAKE A DETERMINATION AS TO THE NUMBER OF ROOMS IN THE UNIT THAT MAY BE LEGALLY USED AS A BEDROOM. EQUAL HOUSING OPPORTUNITY.

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