15 Cleveland Place

Boston, MA 02113

$1,475,000
Last Sold Price
5
Beds
3
Baths
1
1/2 Bath
2,748 Sq. Ft.
$537 / Sq. Ft.
2,748
Sq. Ft.
$537
per Sq. Ft.

Description

Nestled in a quaint, private way just off of Margaret St in Boston's historic North End, this fully leased 3-unit, multifamily is a solid investment for immediate rental income or a tremendous potential value-add opportunity for investors to maximize rent and square footage after renovation. Current monthly rent roll is $6400. Rents are under market value. Unit 1 has one bedroom/one full bathroom; units 2 and 3 have two bedrooms and a full bathroom. Located just steps away from the area's famous...Nestled in a quaint, private way just off of Margaret St in Boston's historic North End, this fully leased 3-unit, multifamily is a solid investment for immediate rental income or a tremendous potential value-add opportunity for investors to maximize rent and square footage after renovation. Current monthly rent roll is $6400. Rents are under market value. Unit 1 has one bedroom/one full bathroom; units 2 and 3 have two bedrooms and a full bathroom. Located just steps away from the area's famous collection of pastry shops, bars, and countless fine restaurants, 15 Cleveland Place is a meticulously maintained property in one of the city’s most charming, highly coveted neighborhoods! Boasting a rare 99/100 walk score, this property is just a short walk to the Financial District, Waterfront, North Station, MGH, and much, much more! Easy access to highways and public transportation!
  1. Listed by Olivia Scimeca • Greenway Realty Group, LLC

Property Details for 15 Cleveland Place

Town
Boston
MLS Area
North End
Area
MA-Boston-North End, MA-Boston
Garage Spaces
0
Parking Spaces
.00

Location

Listing Courtesy of Greenway Realty Group, LLC, Olivia Scimeca

Sold By Greenway Realty Group, LLC, Scimeca/Ventresca

Add your commute
LISTING UPDATED: 07/24/2023 12:22 PM

Property Details for 15 Cleveland Place

StatusSold
MLS #73074253
Days on Market151
Taxes$13,172 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 3 Family
Year Built1890
CountySuffolk County

Location

Listing Courtesy of Greenway Realty Group, LLC, Olivia Scimeca

Sold By Greenway Realty Group, LLC, Scimeca/Ventresca

Add your commute

Building Information for 15 Cleveland Place

Stories10Residences3Year Built1890Building Size-Lot Size0.02 AC / 771 SF

Payment Calculator

$9,147 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,050

Property Taxes

$1,098

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 15 Cleveland Place

General Details
Property Details
  • Building Area Units: Square Feet
  • Current Financing: Conv. Fixed
  • Living Area: 2748.0
  • SqFt with Basement: No
  • Total Units: 3
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Num of Baths: 4.0
  • Num of Full Baths: 3
  • Num of Half Baths: 1
  • Bathrooms Total Decimal: 3.50
  • Bathrooms Total Integer: 4
  • FireplaceYN: No
  • Fireplaces: 0
  • SpaYN: No
Exterior Features
  • Lot Description: Level
Parking Features
  • Covered Spaces: .00
  • Garage: No
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
Tax Information
  • Tax ID: 3365332
  • Assessments: $1,210,700
  • Book: 49716
  • Tax Year: 2022
  • Zoning: 3
Building / Association Information
Living Characteristics
  • Beds Total: 5
  • Total Living Levels: 10
Other Building Characteristics
  • Foundation: Block
Income / Expenses
  • GOI: $76,800.00
  • NOI: $76,800.00
Complex & Association Information
  • Adult Community: No
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: 0
Unit 3 Description
  • Floor U3: 3
  • Levels U3: 9
Rental Info
Rental Info
  • Total Actual Rent: $6,400.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 0

Property History for 15 Cleveland Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 15 Cleveland Place

Taxable ValueLand$334,200Additions$973,400Total$1,307,600
Tax Record2024$14,253 ($1,188 / month)
Home Facts
Baths3.5Total Finished SqFt2,748 SqFtAbove Grade Finished SqFt2,748 SqFtStories3Lot Size771 SqFtStyleTriplexYear Built1890Year Renovated2005ZoningR3CountySUFFOLKAPNCBOS W:03 P:02230 S:000

Schools near 15 Cleveland Place

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

Charlestown High School
Public9 to 12

Harvard-Kent Elementary School
PublicPK to 6

Warren-Prescott K-8 School
PublicPK to 8

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Greenway Realty Group, LLC, Olivia Scimeca

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.