505-507 Talbot Ave, Boston MA 02124
Boston, MA 02124
$1,450,000
Sale Statistics
Sale Overview
Original List Price:
$1,325,000
Final Sale Price:
$1,450,000
Difference:
+$125,000 (+9.4%)
Performance Metrics
109.4%
List to Sale Ratio
Sold above asking price
15
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:
$308
Sale $/sq ft:
$337
This property sold for $337 per square foot
Sale Summary
This property sold for 9.4% above the original asking price, indicating strong buyer demand.
With only 15 days on market, this was a quick sale compared to typical market conditions.
About this home
Rarely available 6-unit multi-family building in convenient Ashmont location, close to the Red Line and popular neighborhood restaurants. This property consists of five 2BD/1BA and one studio. Fully tenanted with $9385/month rent roll, $112,296/annually with room to increase rents, gross expenses of $30,000 YTD. Additional income from coin operated common laundry. All tenants are TAW except for one unit with a lease. Separate systems, tenants pay utilities, except for water/sewer. Relatively newer heating systems and hot water heaters for all units. Large paved driveway in the back accommodating up to 6+ parking spaces. Take advantage of the low interest rates and invest in a great opportunity! Private showings by appointment only on Thursday December 3, 2:00-3:30. Serious inquiries only.
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Property History
Market Insights
99.8%
Price Range
17
Total Days on Market
Property Timeline
Current Active Listing - MLS #73558863
Full transaction history available when tracking began
Currently Listed
Aug 4, 2026
$2,645
MLS #73558863 - Active
Sold
Jan 29, 2021
$1,450,000
Property sold
Days on Market: 17
Listed for Sale
Dec 1, 2020
$1,325,000
Original listing
Agent: Remmes & Co. Team
Office: Coldwell Banker Realty - Boston
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/04/2026 | 🏡 Currently Listed | $2,645 | - | - | MLS #73558863 - Active |
| 01/29/2021 | ✓ Sold | $1,450,000 | - | - | Property sold |
| 12/01/2020 | 🏠 Listed for Sale | $1,325,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2021 | $10,856 | $1,108,000 |
Financial Details
Annual Property Tax
$10,856
Tax Year 2021
Assessed Value
$1,108,000
Facts & Features
Home Facts
Type
Residential Income
Style
5-9 Family
Year Built
1965
Living Area
4,308 sq ft
Lot Size
0.17 acres
Bedrooms
11
Full Baths
6
Total Rooms
16
Investment Metrics
Units
6
Unit 1 Rent
$1,850/mo · N
Unit 2 Rent
$1,650/mo · N
Unit 3 Rent
$1,350/mo · N
Unit 4 Rent
$1,800/mo · Y
Total Monthly Rent
$6,650/mo
Gross Income
$90,000
Net Operating Income
$60,000
Operating Expenses
$30,000
Cap Rate
4.53%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
Finished, Walk-out Access
Laundry
None
Features
None
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
Paved Drive, Off Street, Common, Paved
Total Spaces
6
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$10,856
Assessed Value
$1,108,000
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Listing Agent Has Partial Ownership In The Property.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
Gray
Sq Ft Source
Public Record
Documents
None
County
Suffolk
Total market time (incl. prior listings)
17 days
Property Overview
Property Type
5-9 Family
Listing Type
For Sale
Year Built
1965
Bedrooms
11
Full Bathrooms
6
Living Area
4,308 sq ft
Total Rooms
16
Stories
5
Levels
5
Floor Layout
Interactive room guide
Floor Layout
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Finished, Walk-Out Access
Laundry:
Security:
Construction & Materials
Year Built:
1965
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Concrete Perimeter
Stories:
5
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Total Parking Spaces:
6
Parking Features:
Paved Drive, Off Street, Common, Paved
Nearby Schools
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
Elementary Schools
10 schools
C-
Codman Academy Charter Public School
0.4 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
Henderson K-12 Inclusion School Upper
0.5 mi
|
#315 of 346
|
Score: 34.7
Improved 34 spots from last year
-23.5 below state avg
631 students
Diverse
Rising School
Diverse Student Body
Grades 02-12
C-
Kenny Elementary School
0.6 mi
|
#735 of 824
|
Score: 33.3
Dropped 23 spots from last year
-24.9 below state avg
329 students
Very Diverse
Diverse Student Body
Grades PK-06
C
Neighborhood House Charter School
0.7 mi
|
#275 of 346
|
Score: 43.8
Improved 16 spots from last year
-14.4 below state avg
786 students
Diverse
College Ready Curriculum
Diverse Student Body
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
C-
Holmes Elementary School
0.8 mi
|
#710 of 824
|
Score: 34.7
Dropped 24 spots from last year
-23.5 below state avg
283 students
Diverse
Grades PK-06
St. Brendan Elementary School
0.8 mi
Grades K-08
Saint John Paul II Academy - Neponset
0.9 mi
Grades PK-08
C-
UP Academy Charter School of Dorchester
0.9 mi
|
#308 of 352
|
Score: 30.7
Dropped 17 spots from last year
-27.5 below state avg
640 students
Diverse
Grades PK-08
Saint John Paul II Academy - Lower Mills
0.9 mi
Grades PK-08
Middle Schools
10 schools
Epiphany School
0.4 mi
Grades 05-08
Dearborn Middle School
1.6 mi
Mother Caroline Academy
1.7 mi
Grades 05-08
A
Uncommon Schools - Roxbury Preparatory Dorchester Campus Middle School
1.7 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
F
Higginson/Lewis K-8 School
2.5 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
3.0 mi
Grades 05-08
Middle School Academy
3.3 mi
C
Ohrenberger School
4.6 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
1.6 mi
McCormack Middle
2.4 mi
High Schools
10 schools
B+
TechBoston Academy
0.6 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
2.2 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
2.4 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
D
English High School
2.6 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
Meridian Academy
2.6 mi
Grades 06-09
B
Dearborn STEM Academy
2.8 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
B-
Margarita Muniz Academy
2.8 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-
Boston Preparatory Charter Public School
2.9 mi
|
#8 of 25
|
Score: 41.6
Improved 287 spots from last year
-16.6 below state avg
700 students
Diverse
High Graduation Rate
Rising School
College Ready Curriculum
Grades 06-12
C+
New Mission High School
3.2 mi
|
#240 of 346
|
Score: 47.3
Improved 88 spots from last year
-10.9 below state avg
715 students
Diverse
13 sports
• 458 athletes
Early College Program
High Graduation Rate
Rising School
Diverse Student Body
Grades 07-12
A-
O'Bryant School of Math & Science
3.3 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
Learn about these ratings
Location
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Neighborhood
505-507 Talbot Ave, Boston MA 02124
Boston, MA 02124
Listing Information
Agent MLS ID
TM332068
Office MLS ID
AN6195
Listing Data Updated
Jan 30, 2021 11:21 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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