Sold
Last Sold Price
9 beds7,680 sqft
50 Monastery Rd, Boston, MA 02135
Multi FamilyProperty Type
0.18 acresLot Size
1899Year Built
$239/sq ftPrice per sq ft

Description

Investor opportunity in the heart of Brighton! 50-50A Monastery is an oversized 4 family that sits on .18 acres with 7680 square feet of living space and 4 recently updated income-generating units with plenty more potential for the new owner. Total rent roll is $104,700 annually, leased through 7/31/2022 and under-rented reflecting current market conditions. This property boasts front and back green space with no electrical running under the right front side of the house which may be developed for...Investor opportunity in the heart of Brighton! 50-50A Monastery is an oversized 4 family that sits on .18 acres with 7680 square feet of living space and 4 recently updated income-generating units with plenty more potential for the new owner. Total rent roll is $104,700 annually, leased through 7/31/2022 and under-rented reflecting current market conditions. This property boasts front and back green space with no electrical running under the right front side of the house which may be developed for parking (Due diligence to be performed by buyer). Centrally located just 3 blocks to Washington and Commonwealth Avenue (T) stop and other area amenities. Notable recent improvements include recently replaced gas furnaces (2 years, and 8 years respectively), and oil furnace in 2015. New sewer line to street was installed 2020 at cost of $26K, irrigation system for $10K, and new rubber roof and decking for 3rd floor balcony at $5K. 1-year free property management offered. Showings by appt only
  • Listed by: Rahul Singh • Phoenix Realty Group
Listing closed: 08/24/2021 12:00 AM • Source: MLS PIN, MLS#: 72866272

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Location

Listing Courtesy of Phoenix Realty Group, Rahul Singh

Sold By Clockhouse Realty, Tony Chen

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$10,894 per month

30 year fixed, 7.03% Interest

Principal and Interest

$9,796

Property Taxes

$1,098

HOA Dues

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Property Information for 50 Monastery Road

Property Details
  • Taxes: $13,170 / year
  • MLS Type: Multi-family / 4 Family
  • Town: Boston
  • MLS Area: Brighton
  • Area: MA-Boston-Brighton, MA-Boston
  • Style: Garden
  • Garage Spaces: 0
  • Open Parking Spaces: .00
Building Information
  • Stories: 6
  • Residences: 4
  • Year Built: 1899
  • Lot Size: 0.18 AC / 8,021 SF
General Details
Property Details
  • Building Area Units: Square Feet
  • Current Financing: Other
  • Living Area: 7680.0
  • Total Units: 4
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Washer, Dryer, Oil Water Heater, Gas Water Heater
  • Num of Baths: 4.0
  • Num of Full Baths: 4
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 4.00
  • Bathrooms Total Integer: 4
  • FireplaceYN: No
  • Fireplaces: 0
Exterior Features
  • Exterior Features: Balcony, Professional Landscaping, Sprinkler System, Garden, Balcony/Deck
  • Exterior Features: Balcony, Professional Landscaping, Sprinkler System, Garden Area, Deck, Patio
  • Lot Description: Level
  • Patio And Porch Features: Deck, Patio
Parking Features
  • Covered Spaces: .00
  • Garage: No
Utilities
  • Electric: 60 Amps/Less, 100 Amp Service
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
Tax Information
  • Tax ID: W:21 P:01967 S:100,3322770
  • Assessments: $1,234,300
  • Book: 0
  • Tax Year: 2021
  • Zoning: R4
Building / Association Information
Living Characteristics
  • Beds Total: 9
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Stone
Income / Expenses
  • GOI: $104,100.00
  • NOI: $67,590.00
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
  • Levels U4: 2
Rental Info
Rental Info
  • Total Actual Rent: $8,725.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.0
  • Other Agent Compensation: 0

Property History for 50 Monastery Road

DateEvent & SourcePriceAppreciation
Aug 24, 2021

Sold

MLS PIN #72866272

$1,835,000—
Jul 20, 2021

Under Agreement

MLS PIN #72866272

—
Jul 20, 2021

Contingent

MLS PIN #72866272

—
DateEvent & SourcePrice
08/24/2021

Sold

MLS PIN #72866272

$1,835,000
07/20/2021

Under Agreement

MLS PIN #72866272

—
07/20/2021

Contingent

MLS PIN #72866272

—

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

Public Records for 50 Monastery Road

Taxable ValueLand$404,200Additions$787,000Total$1,191,200
Tax Record2024$12,984 ($1,082 / month)
Home Facts
Total Finished SqFt7,680 SqFtAbove Grade Finished SqFt7,680 SqFtStories3Lot Size8,021 SqFtStyleMulti-Family Res (5+ Units)Year Built1899Year Renovated1980ZoningR4CountySUFFOLKAPNBRIG W:21 P:01967 S:100

Schools near 50 Monastery Road

This home is within Boston Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 1
Public - 7 to 12
Public - 9 to 12
Public - PK to 6
Rating
School
Distance
Baldwin Early Learning Center
PublicPK to 1

Brighton High School
Public7 to 12

Another Course To College
Public9 to 12

Winship 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 Phoenix Realty Group, Rahul Singh

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.