1 Louis D Brown Way, Boston MA 02124

Boston, MA 02124 • Dorchester
$688,000
7
Beds
3.5
Baths
2,580
Sq Ft
$267
Price/Sq Ft
0.06
Acres
1890
Year Built
3
Parking
70
Days on Market
Sold Listed Sep 22, 2018 • MLS# 72399732 Copied! • Updated Dec 27, 2018

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Sale Statistics

Sale Overview
Original List Price: $725,000
Final Sale Price: $688,000
Difference: $37,000 (-5.1%)
Performance Metrics
94.9%
List to Sale Ratio
Sold below asking price
70
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $281
Sale $/sq ft: $267
This property sold for $267 per square foot
Sale Summary

This property sold for 5.1% below the original asking price.

The property spent 70 days on market before selling.

About this home

Perfect opportunity for either an owner occupant who wants to live in a 5 room, 3 bedroom, 1.5 bath first floor unit with a driveway while collecting $3450 in rent from two units above or an investor looking for a great building with good cash flow and very low maintenance to add to their portfolio. This building generates $5250 a month in rent and has not proven to be a costly asset regarding maintenance in 2 years current property manager has overseen it. Good income and low expenses, perfect recipe for any investor. If owner occupant buyer is interested then Unit 1 can be delivered vacant for the sale. For an investor buyer there is plenty of room for growth on current rent roll with existing tenants as can add up to $450 per month through standard rent increases.

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Recently Sold Nearby

Property History

Market Insights

47.8%
Price Range
72
Total Days on Market
2
Previous Sales

Property Timeline

Current Active Listing - MLS #73563651
Full transaction history available when tracking began
🏡
Currently Listed
Aug 14, 2026
$1,015,000
MLS #73563651 - Active
Previous Transaction - MLS #73158454
Full transaction history available when tracking began
🏷️
Previously Sold
Jul 17, 2024
$879,000
MLS #73158454
Sold
Dec 20, 2018
$688,000
Property sold
Days on Market: 72
🏠
Listed for Sale
Sep 22, 2018
$699,900
Original listing
Agent: Benjamin Virga Office: Bridgestone Properties, LLC
Previous Transaction - MLS #72009641
Full transaction history available when tracking began
🏷️
Previously Sold
Sep 23, 2016
$530,000
MLS #72009641

Tax History

Year Taxes Assessment
2018 $4,877 $465,400

Financial Details

Annual Property Tax
$4,877
Tax Year 2018
Assessed Value
$465,400

Facts & Features

Home Facts

Type Residential Income
Style 3 Family
Year Built 1890
Living Area 2,580 sq ft
Lot Size 0.06 acres
Bedrooms 7
Full Baths 3
Half Baths 1
Total Rooms 13

Investment Metrics

Units 3
Unit 1 Rent $1,800/mo · N
Unit 2 Rent $1,800/mo · Y
Unit 3 Rent $1,650/mo · Y
Total Monthly Rent $5,250/mo
Gross Income $63,000
Net Operating Income $63,000
Cap Rate 9.00%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Full
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None
Total Spaces 3
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $4,877
Assessed Value $465,400
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Units 1 And 2 Are De-leaded As Is Exterior And Common Areas But Unit 3 Has Lead Paint Present
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Suffolk
Total market time (incl. prior listings) 72 days

Property Overview

Property Type
3 Family
Listing Type
Sold
Year Built
1890
Bedrooms
7
Full Bathrooms
3
Half Bathrooms
1
Living Area
2,580 sq ft
Total Rooms
13
Stories
3
Levels
3

Floor Layout

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Full
Laundry:
Security:

Construction & Materials

Year Built: 1890
Structure Type:
Exterior Materials:
Roof:
Foundation: Other
Stories: 3

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Other
Road Surface:

Parking & Garage

Total Parking Spaces: 3
Parking Features:
School District
Boston School District local
C-
🎓 Where Graduates Go Class of 2021
52% attend college
38% 4-Year 14% 2-Year 7% Out of State 7% Working
School Safety 2024-25
3.7% Above Average
3.2% Suspensions 0.3% In-School 0.5% Emergency
1.8% below state avg
E

Elementary Schools

10 schools
C-
UP Academy Charter School of Dorchester
< 0.1 mi | #308 of 352 | Score: 30.7
Dropped 17 spots from last year
-27.5 below state avg
640 students Diverse
Grades PK-08
C-
Holmes Elementary School
0.4 mi | #710 of 824 | Score: 34.7
Dropped 24 spots from last year
-23.5 below state avg
283 students Diverse
Grades PK-06
C-
UP Academy Holland School
0.4 mi | #721 of 824 | Score: 34.1
Improved 98 spots from last year
-24.1 below state avg
641 students Diverse
Rising School
Grades PK-06
Compass School
0.5 mi
Grades PK-12
D
Greenwood Sarah K-8 School
0.6 mi | #334 of 352 | Score: 27.2
Same rank as last year
-31 below state avg
357 students Less Diverse
Grades PK-08
D
Mather Elementary School
0.7 mi | #754 of 824 | Score: 32.2
Dropped 257 spots from last year
-26 below state avg
473 students Very Diverse
Diverse Student Body
Grades PK-06
C
Conservatory Lab Charter School
0.8 mi | #261 of 352 | Score: 35.6
Dropped 4 spots from last year
-22.6 below state avg
454 students Diverse
Grades PK-08
F
King Elementary School
0.8 mi | #823 of 824 | Score: 22.7
Dropped 3 spots from last year
-35.6 below state avg
464 students Diverse
Grades PK-06
C-
Codman Academy Charter Public School
0.8 mi | #293 of 346 | Score: 40.3
Dropped 9 spots from last year
-17.9 below state avg
344 students Moderate
College Ready Curriculum
Grades PK-12
D
Lee K-8 School
0.8 mi | #335 of 352 | Score: 27.1
Improved 8 spots from last year
-31.1 below state avg
551 students Diverse
Grades PK-08
M

Middle Schools

10 schools
Epiphany School
0.6 mi
Grades 05-08
Dearborn Middle School
0.7 mi
A
Uncommon Schools - Roxbury Preparatory Dorchester Campus Middle School
0.8 mi | #4 of 16 | Score: 41.9
Improved 187 spots from last year
-16.3 below state avg
1,126 students Diverse
Rising School College Ready Curriculum
Grades 05-08
Mother Caroline Academy
0.9 mi
Grades 05-08
F
Higginson/Lewis K-8 School
1.7 mi | #349 of 352 | Score: 23.6
Improved 3 spots from last year
-34.6 below state avg
213 students Diverse
Grades 03-08
Nativity Prep School
2.2 mi
Grades 05-08
Middle School Academy
2.5 mi
C
Ohrenberger School
4.9 mi | #265 of 352 | Score: 34.9
Improved 20 spots from last year
-23.3 below state avg
477 students Diverse
Rising School Diverse Student Body
Grades 03-08
Frederick Pilot Middle
0.7 mi
McCormack Middle
1.8 mi
H

High Schools

10 schools
B+
TechBoston Academy
1.1 mi | #11 of 25 | Score: 34.1
Improved 349 spots from last year
-24.1 below state avg
850 students Diverse
Rising School
Grades 07-12
A+
Boston Latin Academy
1.3 mi | #2 of 25 | Score: 63.9
Improved 214 spots from last year
+5.7 above state avg
1,693 students Very Diverse
17 sports • 1,298 athletes
High Graduation Rate Rising School Strong Athletics Diverse Student Body
Grades 07-12
C
Ruth Batson Academy
1.8 mi | #19 of 25 | Score: 27.6
Improved 346 spots from last year
-30.6 below state avg
604 students Diverse
8 sports • 128 athletes
Early College Program Rising School
Grades 07-12
B
Dearborn STEM Academy
1.9 mi | #13 of 25 | Score: 31.7
Improved 356 spots from last year
-26.6 below state avg
565 students Diverse
10 sports • 242 athletes
Early College Program Rising School
Grades 07-12
Meridian Academy
1.9 mi
Grades 06-09
D
English High School
2.1 mi | #324 of 346 | Score: 29.7
Improved 34 spots from last year
-28.5 below state avg
720 students Moderate
8 sports • 332 athletes
Rising School Career Tech Programs
Grades 07-12
B-
Margarita Muniz Academy
2.3 mi | #14 of 25 | Score: 31.3
Improved 349 spots from last year
-26.9 below state avg
428 students Less Diverse
Strong AP Program Rising School
Grades 07-12
A-
O'Bryant School of Math & Science
2.4 mi | #90 of 346 | Score: 61.1
Improved 94 spots from last year
+2.9 above state avg
1,509 students Very Diverse
High Graduation Rate Rising School College Ready Curriculum Diverse Student Body
Grades 07-12
Cathedral High School
2.8 mi
9 sports • 430 athletes
Grades 07-12
A+
Boston Latin School
3.0 mi | #19 of 346 | Score: 73.3
Improved 61 spots from last year
+15.1 above state avg
2,424 students Very Diverse
18 sports • 2,006 athletes
Strong AP Program High Graduation Rate Rising School Strong Athletics
Grades 07-12
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Location

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Neighborhood

Dorchester

1 Louis D Brown Way, Boston MA 02124

Boston, MA 02124

Listing Information

Listing Agent Benjamin Virga
Listing Office Bridgestone Properties, LLC
Office Phone 617-268-2743
Agent MLS ID BB922207
Office MLS ID BB8195
Listing Data Updated Dec 27, 2018 11:29 AM EST
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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