42 Orchard Rd

5,265 Sq. Ft.
$413 / Sq. Ft.
5,265
Sq. Ft.
$413
per Sq. Ft.

Description

This expansive multi-family property boasts three units with an additional partially finished basement level, a .12 acre corner lot, 8 parking spaces (including two garage spaces) and a large bike storage shed. Currently under-rented at $9450/month with leases terminating 8/31/2022. Five year rental history shows a consistent 4.5-5% cap rate with top annual income at $160,000. Each unit has a gas range, dishwasher, disposal and two refrigerators. Enormous potential to renovate, expand into the lower...This expansive multi-family property boasts three units with an additional partially finished basement level, a .12 acre corner lot, 8 parking spaces (including two garage spaces) and a large bike storage shed. Currently under-rented at $9450/month with leases terminating 8/31/2022. Five year rental history shows a consistent 4.5-5% cap rate with top annual income at $160,000. Each unit has a gas range, dishwasher, disposal and two refrigerators. Enormous potential to renovate, expand into the lower level or potentially convert to condos.

Listing Agent

  1. Mariel Yovino

    Mariel Yovino

    Alternative Listing Agent

    Compass

    P: (617)-717-4317

Property Details for 42 Orchard Road

Town
Boston
MLS Area
Brighton
Area
MA-Boston-Brighton, MA-Boston
Garage Spaces
2
Open Parking Spaces
8.00
Parking Spaces Total
8
LISTING CLOSED: 07/07/2022 12:00 AM

Property Details for 42 Orchard Road

StatusSold
MLS #72979140
Days on Market16
Taxes$23,393 / year
HOA Fees-
Property TypeMulti Family
MLS TypeMulti-family / 3 Family - 3 Units Up/Down
Year Built1910
CountySuffolk County
Buyer's Agent Compensation2.5%

Location

Sold By Compass, The Modern Group

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Building Information for 42 Orchard Road

Stories6Residences3Year Built1910Building Size-Lot Size0.12 AC / 5,142 SF

Payment Calculator

$13,005 per month

30 year fixed, 6.55% Interest

Principal and Interest

$11,055

Property Taxes

$1,949

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 42 Orchard Road

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Tennis Court, Park, Laundromat, Highway Access, Public School, T-Station
  • Current Financing: Cash
  • Living Area: 5265.0
  • SqFt with Basement: No
  • Total Units: 3
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Dryer
  • Basement Features: Partially Finished, Walk Out
  • Num of Baths: 7.0
  • Num of Full Baths: 7
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 7.00
  • Bathrooms Total Integer: 7
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood, Laminate
  • Laundry Features: Washer Hookup
Exterior Features
  • Construction: Frame
  • Exterior Features: Porch
  • Lot Description: Corner Lot
  • Patio And Porch Features: Porch
  • Roof Material: Rubber
Parking Features
  • Covered Spaces: 2.00
  • Garage: Yes
  • Garage Parking: Off-Street
  • Parking Features: Off-Street
  • Parking Features: Off-Street
Utilities
  • Electric: Circuit Breakers
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Gas Dryer, Washer Hookup
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Disclosures: Heat and hot water is on one system,and the cooking gas and electricity are both separately metered. Washer and dryer on site,both coin-operated. The roof was replaced and the chimney was repointed around 2014. Rear first floor deck was replaced in 2022.
Tax Information
  • Tax ID: 1215341
  • Assessments: $2,129,800
  • Book: 34388
  • Tax Year: 2022
  • Zoning: 0105
Building / Association Information
Living Characteristics
  • Beds Total: 15
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Block
  • Cooling Units: 0
  • Heat Units: 1
  • Heat Zones: 1
Income / Expenses
  • Electricity: $424.00
  • Annual Expenses Source: Owner
  • GOI: $147,000.00
  • Gross Scheduled Income: $4,077.00
  • Insurance: $8,000.00
  • GRE: $39,318
  • NOI: $107,682.00
  • Operating Expense: $39,318.00
  • WSE: $3,424.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 2
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Lease U3: Y
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $9,450.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.5%
  • Other Agent Compensation: 0%

Property History for 42 Orchard Road

DateEvent & SourcePriceAppreciation
Jul 7, 2022

Sold

MLS PIN #72979140

$2,175,000
May 20, 2022

Contingent

MLS PIN #72979140

May 11, 2022

Listed (Active)

MLS PIN #72979140

$2,399,000
DateEvent & SourcePrice
07/07/2022

Sold

MLS PIN #72979140

$2,175,000
05/20/2022

Contingent

MLS PIN #72979140

05/11/2022

Listed (Active)

MLS PIN #72979140

$2,399,000

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

Public Records for 42 Orchard Road

Taxable ValueLand$632,900Additions$1,617,800Total$2,250,700
Tax Record2025$26,063 ($2,172 / month)
Home Facts
Baths6Total Finished SqFt5,265 SqFtAbove Grade Finished SqFt5,265 SqFtStories3Lot Size5,142 SqFtStyleTriplexYear Built1910Year Renovated1992ZoningR3CountySUFFOLKAPNBRIG W:21 P:02048 S:000

Schools near 42 Orchard Road

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

Horace Mann School For The Deaf
PublicPK to 12

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.

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.