17-19 Pleasant St

$3,175,000
Last Sold Price
21
Beds
7,938 Sq. Ft.
$400 / Sq. Ft.
7,938
Sq. Ft.
$400
per Sq. Ft.

Description

Almost 6% CAP rate! 17-19 Pleasant St represents a rare double-building investment opportunity in the thriving North Dorchester neighborhood. The package is comprised of two detached 3-unit buildings with 4-car parking, a gross combined sq footage of 12,168 (+/-), and a gross annual income of $224,400. Large floor plates and abundance of windows make these buildings particularly special. Currently configured as three 4-bed units and three 3-bed units, this investment offers future upside with minor...Almost 6% CAP rate! 17-19 Pleasant St represents a rare double-building investment opportunity in the thriving North Dorchester neighborhood. The package is comprised of two detached 3-unit buildings with 4-car parking, a gross combined sq footage of 12,168 (+/-), and a gross annual income of $224,400. Large floor plates and abundance of windows make these buildings particularly special. Currently configured as three 4-bed units and three 3-bed units, this investment offers future upside with minor floor plan changes. Many recent updates include newer roofs, newer siding, central AC, renovated kitchens and baths. Fully leased through 8/31/2018. Superb Dorchester location near Dorchester Ave and Columbia Rd: 0.8mi to South Bay Center (mixed-use development with cinema, grocery, condos, apartments), 0.6mi to JFK/UMass station (Red Line), 0.7mi to Savin Hill station (Red Line), 0.5mi to the future "Dot Block" (mixed-used development with retail, condos, apartments), 0.5mi to I-93 N/S.

Listing Agent

  1. Chris Gonzales

    Chris Gonzales

    Alternative Listing Agent

    Compass

    gonzales@compass.com

    P: (617)-487-3436

Property Details for 17-19 Pleasant Street

Town
Boston
MLS Area
Dorchester
Area
MA-Boston-Dorchester, MA-Boston
Garage Spaces
0
Parking Spaces
4.00
Parking Spaces Total
4
LISTING UPDATED: 08/06/2022 06:55 AM

Property Details for 17-19 Pleasant Street

StatusSold
MLS #72326781
Days on Market41
Taxes$16,888 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1905
CountySuffolk County
Buyer's Agent Compensation2%

Location

Sold By Century 21 North East, Vicky Xiao

Add your commute

Building Information for 17-19 Pleasant Street

Stories3Residences6Year Built1905Building Size-Lot Size0.28 AC / 12,168 SF

Payment Calculator

$17,096 per month

30 year fixed, 6.28% Interest

Principal and Interest

$15,689

Property Taxes

$1,407

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 17-19 Pleasant Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Current Financing: Cash
  • Living Area: 7938.0
  • Total Units: 6
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Gas Water Heater
  • Basement Features: Full, Unfinished Basement
  • Num of Baths: 12.0
  • Num of Full Baths: 6
  • Num of Half Baths: 6
  • Bathrooms Total Decimal: 9.00
  • Bathrooms Total Integer: 12
  • FireplaceYN: Yes
  • Fireplaces: 10
  • Interior Features: Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room, Unit 3 Rooms(Living Room, Unit 4 Rooms(Living Room
  • Laundry Features: Unit 1 Laundry Room, Unit 2 Laundry Room, Unit 3 Laundry Room, Unit 4 Laundry Room
Exterior Features
  • Lot Description: Corner Lot
Parking Features
  • Covered Spaces: .00
  • Garage: No
Utilities
  • Cooling: Unit 1(Central Air), Unit 2(Central Air), Unit 3(Central Air), Unit 4(Window AC)
  • Cooling: Yes
  • Heating: Unit 1(Forced Air), Unit 2(Forced Air), Unit 3(Forced Air), Unit 4(Hot Water Radiators)
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Disclosures: 17 and 19 Pleasant are separately deeded buildings to be sold as one package. Seller will not split buildings. Properties to be sold "As Is". Seller prefers 60-day close with 1031 exchange contingency for sale.
Tax Information
  • Assessments: $1,611,500
  • Book: 9999
  • Tax Year: 2018
  • Zoning: RES
Building / Association Information
Living Characteristics
  • Beds Total: 21
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Stone
Income / Expenses
  • Electricity: $50.00
  • Annual Expenses Source: Owner
  • GOI: $224,400.00
  • Insurance: $7,400.00
  • GRE: $550
  • NOI: $203,467.00
  • Operating Expense: $550.00
  • WSE: $500.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 0
  • Lease U3: Y
  • Levels U3: 0
Unit 4 Description
  • Floor U4: 1
  • Lease U4: Y
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $18,700.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 0

Property History for 17-19 Pleasant Street

DateEvent & SourcePriceAppreciation
Jul 18, 2018

Sold

MLS PIN #72326781

$3,175,000—
Jun 13, 2018

Under Agreement

MLS PIN #72326781

—
Jun 13, 2018

Contingent

MLS PIN #72326781

—
May 15, 2018

Listed (Active)

MLS PIN #72326781

$3,200,000—
DateEvent & SourcePrice
07/18/2018

Sold

MLS PIN #72326781

$3,175,000
06/13/2018

Under Agreement

MLS PIN #72326781

—
06/13/2018

Contingent

MLS PIN #72326781

—
05/15/2018

Listed (Active)

MLS PIN #72326781

$3,200,000

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

Schools near 17-19 Pleasant Street

This home is within Boston Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 6
Rating
School
Distance
Russell Elementary School
PublicPK to 5

Lilla G. Frederick Middle School
Public6 to 8

Boston Arts Academy
Public9 to 12

Everett 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 descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

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.