2747 Washington St

9,275 Sq. Ft.
$377 / Sq. Ft.
9,275
Sq. Ft.
$377
per Sq. Ft.

Description

New Construction 6 Family, Fully Leased with a cap rate of nearly 6%! An investors dream, 2747 Washington Street boasts 24 bedrooms configured as (2) 3 bedroom units, (2) 4 bedroom units and (2) 5 bedroom units. All units are on lease to 8/31/21 and beyond. Invest with the confidence, knowing that you are buying new construction in one of Boston Magazine's 2021 Top Places to Live. The building is fully sprinklered and the units feature dark stained hardwood floors, central HVAC with A/C, outdoor...New Construction 6 Family, Fully Leased with a cap rate of nearly 6%! An investors dream, 2747 Washington Street boasts 24 bedrooms configured as (2) 3 bedroom units, (2) 4 bedroom units and (2) 5 bedroom units. All units are on lease to 8/31/21 and beyond. Invest with the confidence, knowing that you are buying new construction in one of Boston Magazine's 2021 Top Places to Live. The building is fully sprinklered and the units feature dark stained hardwood floors, central HVAC with A/C, outdoor decks and parking for 6 vehicles. Annual income tops $258,000. This is a Grade A investment, perfect for the investor looking to diversify their portfolio, or for a 1031 tax exchange.
  1. Listed by The Residential Group • William Raveis R.E. & Home Services
  2. Listed by Caleb Charles • William Raveis R.E. & Home Services

Property Details for 2747 Washington Street

Town
Boston
MLS Area
Roxbury
Area
MA-Boston-Roxbury, MA-Boston
Garage Spaces
0
Open Parking Spaces
6.00
Parking Spaces Total
6
LISTING UPDATED: 08/06/2022 07:37 AM

Property Details for 2747 Washington Street

StatusSold
MLS #72790190
Days on Market20
Taxes$24,470 / year
HOA Fees-
Property TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built2017
CountySuffolk County

Location

Listing Courtesy of William Raveis R.E. & Home Services, The Residential Group; William Raveis R.E. & Home Services, Caleb Charles

Sold By Boston Commercial Realty, Laurence Tamkin

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Building Information for 2747 Washington Street

Stories13Residences6Year Built2017Building Size-Lot Size0.12 AC / 5,376 SF

Payment Calculator

$19,480 per month

30 year fixed, 6.36% Interest

Principal and Interest

$17,441

Property Taxes

$2,039

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 2747 Washington Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, University
  • Current Financing: Withheld
  • Living Area: 9275.0
  • Color: Tan
  • Total Units: 6
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual
  • Year Built Source: Owner
Features
Interior Features
  • Appliances: Utility Connections for Gas Range
  • Num of Baths: 12.0
  • Num of Full Baths: 8
  • Num of Half Baths: 4
  • Bathrooms Total Decimal: 10.00
  • Bathrooms Total Integer: 12
  • DoorFeatures: Insulated Doors
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Tile, Hardwood
  • Window Features: Insulated Windows
Exterior Features
  • Construction: Frame
  • Exterior Features: Deck
  • Patio And Porch Features: Deck
  • Roof Material: Rubber
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Paved Driveway
  • Parking Features: Off-Street, Paved Driveway
Utilities
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range
  • Water: Public
Property Information
Property Info
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Unit 1-5 as noted. Unit #6: 5 bedroom/1.5 bath on Lease for $3,620.
Tax Information
  • Tax ID: 3396944
  • Assessments: $2,271,700
  • Book: 0
  • Tax Year: 2021
  • Zoning: 3F-4000
Building / Association Information
Living Characteristics
  • Beds Total: 24
  • Total Living Levels: 13
Other Building Characteristics
  • Foundation: Concrete Perimeter
  • Cooling Units: 6
  • Cooling Zones: 6
  • Heat Units: 6
  • Heat Zones: 6
Income / Expenses
  • Electricity: $1,000.00
  • Annual Expenses Source: Pro. Forma Available
  • GOI: $258,960.00
  • Insurance: $4,382.00
  • GRE: $48,562
  • RME: $10,358
  • NOI: $210,398.00
  • Operating Expense: $48,562.00
  • WSE: $6,700.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Lease U3: Y
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 3
  • Lease U4: N
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $21,580.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.25
  • Other Agent Compensation: 2.25

Property History for 2747 Washington Street

DateEvent & SourcePriceAppreciation
Apr 30, 2021

Sold

MLS PIN #72790190

$3,500,000—
Mar 3, 2021

Contingent

MLS PIN #72790190

—
Feb 25, 2021

Listed (Active)

MLS PIN #72790190

$3,595,000—
DateEvent & SourcePrice
04/30/2021

Sold

MLS PIN #72790190

$3,500,000
03/03/2021

Contingent

MLS PIN #72790190

—
02/25/2021

Listed (Active)

MLS PIN #72790190

$3,595,000

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

Public Records for 2747 Washington Street

Taxable ValueLand$274,700Additions$2,054,900Total$2,329,600
Tax Record2025$26,977 ($2,248 / month)
Home Facts
Total Finished SqFt9,275 SqFtAbove Grade Finished SqFt9,275 SqFtStories4Lot Size5,376 SqFtStyleMulti-Family Res (5+ Units)Year Built2017ZoningR4CountySUFFOLKAPNROXB W:11 P:00230 S:000Fireplace TypeHas Fireplace

Schools near 2747 Washington Street

This home is within Boston Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 3 to 8
Public - 7 to 12
Public - PK to 2
Rating
School
Distance
Hale Elementary School
PublicPK to 6

Higginson/Lewis K-8
Public3 to 8

Boston Latin Academy
Public7 to 12

Higginson School
PublicPK to 2

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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Listing Courtesy of William Raveis R.E. & Home Services, The Residential Group; William Raveis R.E. & Home Services, Caleb Charles

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.