Sold
Last Sold Price
12 beds5,238 sqft

108 George St, Boston, MA 02119

Multi FamilyProperty Type
0.07 acresLot Size
1905Year Built
$305/sq ftPrice per sq ft

Description

7% cap! Prime Roxbury 6 Unit Building located in the heart of the city bringing in strong rental income! This is the one! Great investment opportunity, 1031 exchange, and solid portfolio addition. This building is located within minutes of South Bay Shopping Center, Boston Medical Center, BU Med School, & just a stone's throw to the South End/Back Bay neighborhoods. Multiple public transportation options nearby & easy I-93 highway access! Gross monthly rents are north of $13K & there is upside to...7% cap! Prime Roxbury 6 Unit Building located in the heart of the city bringing in strong rental income! This is the one! Great investment opportunity, 1031 exchange, and solid portfolio addition. This building is located within minutes of South Bay Shopping Center, Boston Medical Center, BU Med School, & just a stone's throw to the South End/Back Bay neighborhoods. Multiple public transportation options nearby & easy I-93 highway access! Gross monthly rents are north of $13K & there is upside to increase rents in the near future! Coin-Op laundry in the basement & all systems are in great shape in the building. Tremendous opportunity to own a building surrounded in the mist of all the development action. Guaranteed to not only be a great pick-up now; but one that will absolutely be a true iconic building given the location in the future. Great investment for years to come!
  • Listed by: Markese Daise • Stony Brook & Lennox Realty Advisors
Listing closed: 02/07/2023 12:00 AM • Source: MLS PIN, MLS#: 73061289
See It First™ on Compass

Find homes before they're listed on other real estate sites.

Start your search

Location

Listing Courtesy of Stony Brook & Lennox Realty Advisors, Markese Daise

Sold By Stony Brook & Lennox Realty Advisors, Markese Daise

Add your commute
Payment Calculator

$9,161 per month

30 year fixed, 7.03% Interest

Principal and Interest

$8,542

Property Taxes

$620

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.
Know your buying power with a preapproval and custom rate in minutes
Rocket Mortgage1

Property Information for 108 George Street

Property Details

  • Taxes: $7,434 / year
  • MLS Type: Multi-family / 5-9 Family
  • Town: Boston
  • MLS Area: Roxbury
  • Area: MA-Boston-Roxbury, MA-Boston
  • Garage Spaces: 0
  • Parking Spaces Total: 0

Building Information

  • Stories: 9
  • Residences: 6
  • Year Built: 1905
  • Lot Size: 0.07 AC / 2,860 SF

General Details

Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Current Financing: Other
  • Living Area: 5238.0
  • SqFt with Basement: No
  • Total Units: 6
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Location/School
  • High School: Latin Academy
  • Middle School: Latin Academy

Features

Interior Features
  • Appliances: Gas Water Heater, Utility Connections for Gas Range
  • Basement Features: Full
  • Num of Baths: 6.0
  • Num of Full Baths: 6
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 6.00
  • Bathrooms Total Integer: 6
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Hardwood
Exterior Features
  • Construction: Frame
  • Lot Description: Level
  • Roof Material: Rubber
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Open Parking: Yes
Utilities
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range
  • Water: Public

Property Information

Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Unit 6: $1700/ Month----Upside to rent each unit for $2400/month...Inquire for Pro-Forma
Tax Information
  • Tax ID: W:08 P:00516 S:000,3398539
  • Assessments: $696,700
  • Book: 57121
  • Tax Year: 2021
  • Zoning: R4

Building / Association Information

Living Characteristics
  • Beds Total: 12
  • Total Living Levels: 9
Other Building Characteristics
  • Foundation: Concrete Perimeter
Income / Expenses
  • Annual Expenses Source: Pro. Forma Available
  • GOI: $151,200.00
  • NOI: $151,200.00

Unit Information

Unit 1 Description
  • Floor U1: 2
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 1
  • Lease U3: Y
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 3
  • Lease U4: Y
  • Levels U4: 1

Rental Info

Rental Info
  • Total Actual Rent: $10,900.00

Market and Agent Information

Sale Info
  • Buyer Broker Comp: 1.5
  • Other Agent Compensation: 1

Property History for 108 George Street

DateEvent & SourcePriceAppreciation
Feb 7, 2023

Sold

MLS PIN #73061289

$1,600,000—
Dec 14, 2022

Under Agreement

MLS PIN #73061289

—
Dec 14, 2022

Contingent

MLS PIN #73061289

—
DateEvent & SourcePrice
02/07/2023

Sold

MLS PIN #73061289

$1,600,000
12/14/2022

Under Agreement

MLS PIN #73061289

—
12/14/2022

Contingent

MLS PIN #73061289

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 108 George Street

This home is within Boston Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Public - PK to 8
Public - PK to 6
Rating
School
Distance
Samuel W. Mason Pilot Elementary
PublicPK to 5

Dearborn Middle School
Public6 to 12

Orchard Gardens K-8 School
PublicPK to 8

Winthrop Elementary School
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Stony Brook & Lennox Realty Advisors, Markese Daise

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its 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.