Last Sold Price
11 beds3,362 sqft$149/sqft
115 Deering Rd, Boston, MA 02126

Description

This is what you call a cash cow! 3 huge units with two of them 4 bedrooms and one three bedroom unit. Units 1 & 3 are rented out to excellent sec. 8 tenants who pay all of their own utilities. Unit 2 is now empty and ready for an owner occupant buyer looking to live for free while collecting the rental income units 1 and 3 are providing. This beauty generates over $3690 a month from only 2 units and only 7% of that income is paid by the tenants a month. This monster was totally done over in 2012...This is what you call a cash cow! 3 huge units with two of them 4 bedrooms and one three bedroom unit. Units 1 & 3 are rented out to excellent sec. 8 tenants who pay all of their own utilities. Unit 2 is now empty and ready for an owner occupant buyer looking to live for free while collecting the rental income units 1 and 3 are providing. This beauty generates over $3690 a month from only 2 units and only 7% of that income is paid by the tenants a month. This monster was totally done over in 2012 from the inside on out and everything in between. A true turn key investment opportunity priced well for the next investor to capitalize on. Brand new electrical and plumbing and systems are just some of the highlights on this property, come see for yourself before its to late!
LISTING CLOSED: 05/08/2015 12:00 AM

  1. Listed by Benjamin Virga • Bridgestone Properties, LLC
  2. Listed by Luke Marut • Bridgestone Properties, LLC

Property Details for 115 Deering Road

Status
MLS #
71762451
Days on Market
67
Taxes
$4,397 / year
HOA Fees
-
Property Type
MLS Type
Multi-family / 3 Family
Year Built
1925
Town
Boston
MLS Area
Mattapan
Area
MA-Boston-Mattapan, MA-Boston
Garage Spaces
0
Open Parking Spaces
.00

Location

Listing Courtesy of Bridgestone Properties, LLC, Benjamin Virga; Bridgestone Properties, LLC, Luke Marut

Sold By M&A Real Estate, Elizabeth Mlaguzi

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Building Information for 115 Deering Road

Stories6Residences3Year Built1925Building Size-Lot Size0.09 AC / 4,000 SF

Payment Calculator

$2,920 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,553

Property Taxes

$366

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 115 Deering Road

General Details
Property Details
  • Building Area Units: Square Feet
  • Current Financing: Conv. Fixed
  • Living Area: 3362.0
  • Total Units: 3
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Full
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • FireplaceYN: No
  • Fireplaces: 0
Exterior Features
  • Lot Description: Other
Parking Features
  • Covered Spaces: .00
  • Garage: No
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
Tax Information
  • Tax ID: 1361460
  • Assessments: $349,500
  • Book: 623
  • Tax Year: 2014
  • Zoning: RES
Building / Association Information
Living Characteristics
  • Beds Total: 11
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Other
Income / Expenses
  • GOI: $66,396.00
  • NOI: $66,396.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Lease U3: Y
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $3,692.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 2

Property History for 115 Deering Road

DateEvent & SourcePriceAppreciation
May 8, 2015

Sold (Public Record)

Public Record #547443760

$502,800

+26116.4% / yr

May 8, 2015

Sold

MLS PIN #71762451

$502,300
May 1, 2015

Under Agreement

MLS PIN #71762451

DateEvent & SourcePrice
05/08/2015

Sold (Public Record)

Public Record #547443760

$502,800

+26116.4% / yr

05/08/2015

Sold

MLS PIN #71762451

$502,300
05/01/2015

Under Agreement

MLS PIN #71762451

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

Public Records for 115 Deering Road

Taxable ValueLand$183,300Additions$635,800Total$819,100
Tax Record2025$9,485 ($790 / month)
Home Facts
Baths3Total Finished SqFt3,428 SqFtAbove Grade Finished SqFt3,428 SqFtStories3Lot Size4,000 SqFtStyleTriplexYear Built1925Year Renovated2023ZoningR3CountySUFFOLKAPNMATT W:14 P:04714 S:000

Schools near 115 Deering Road

This home is within Boston Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 12
Public - PK to 6
Public - PK to 6
Public - PK to 6
Rating
School
Distance
Horace Mann School For The Deaf
PublicPK to 12

Perry Elementary School
PublicPK to 6

Bradley Elementary School
PublicPK to 6

Guild 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.

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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 Bridgestone Properties, LLC, Benjamin Virga; Bridgestone Properties, LLC, Luke Marut

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.