178 Bowen Street

Boston, MA 02127

$590,000
Last Sold Price
6
Beds
2
Baths
1,890 Sq. Ft.
$312 / Sq. Ft.
1,890
Sq. Ft.
$312
per Sq. Ft.

Description

Attention investors - are you looking for your winter project? Look no further! Legal 2-family home in just under 2,000 square feet, currently used as a single family home. Prime for condo conversion or to renovate, rent, and hold. All systems are set up to be easily converted back to two units. Two electric meters, two gas meters, two heating systems, two hot water tanks, etc. Let's do the math - If you purchase this property for $600,000 and invest a further $100,000 into it to create two nice...Attention investors - are you looking for your winter project? Look no further! Legal 2-family home in just under 2,000 square feet, currently used as a single family home. Prime for condo conversion or to renovate, rent, and hold. All systems are set up to be easily converted back to two units. Two electric meters, two gas meters, two heating systems, two hot water tanks, etc. Let's do the math - If you purchase this property for $600,000 and invest a further $100,000 into it to create two nice rentable units (a 1 bed and a 4 bed) you could conservatively expect to generate $6,000 per month or $72,000 annually. That equates to a 10.3% cap on your $700,000 total investment. This one just makes sense. Delivered vacant at closing. Showings will begin this weekend at the open houses. Offers, if any, will be reviewed Tuesday (10/20) at noon. Seller reserves the right to accept an offer at any time. Please make all offers good until 10/21 at 5pm.
  1. Listed by Adam Burns • Burns Realty & Investments

Property Details for 178 Bowen Street

Town
Boston
MLS Area
South Boston
Area
MA-Boston-South Boston, MA-Boston
Style
Garden
Garage Spaces
0
Parking Spaces
.00

Location

Listing Courtesy of Burns Realty & Investments, Adam Burns

Sold By Boston Green Realty, Leland E. Dimeco

Add your commute
LISTING UPDATED: 08/06/2022 06:19 AM

Property Details for 178 Bowen Street

StatusSold
MLS #71917935
Days on Market22
Taxes$5,069 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 2 Family - 2 Units Up/Down
Year Built1880
CountySuffolk County

Location

Listing Courtesy of Burns Realty & Investments, Adam Burns

Sold By Boston Green Realty, Leland E. Dimeco

Add your commute

Building Information for 178 Bowen Street

Stories3Residences2Year Built1880Building Size-Lot Size0.03 AC / 1,500 SF

Payment Calculator

$3,642 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,220

Property Taxes

$422

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 178 Bowen Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Current Financing: Conv. Fixed
  • Living Area: 1890.0
  • Color: Red
  • Total Units: 2
  • Waterfront: No
  • Year Built Details: Approximate,Renovated Since
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Gas Water Heater, Utility Connections for Gas Range
  • Basement Features: Full, Interior Access, Bulkhead, Unfinished Basement
  • Num of Baths: 2.0
  • Num of Full Baths: 2
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 2.00
  • Bathrooms Total Integer: 2
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood, Tile
  • Interior Features: Unit 1 Rooms(Kitchen, Living RM/Dining RM Combo, Office/Den), Unit 2 Rooms(Kitchen, Living RM/Dining RM Combo)
  • Window Features: Insulated Windows, Screens
Exterior Features
  • Construction: Frame
  • Exterior Features: Rain Gutters, Garden
  • Exterior Features: Fenced Yard, Screens, Garden Area, Deck, Deck - Wood, Patio
  • Fencing: Fenced
  • Lot Description: Level
  • Patio And Porch Features: Deck, Deck - Wood, Patio
  • Roof Material: Rubber
  • Waterfront Features: Beach Front, Harbor, 1/10 to 3/10 To Beach, Beach Ownership(Public)
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: On Street Permit
  • Open Parking: Yes
  • Parking Features: On Street Permit
  • Parking Features: On Street Permit
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
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Property is a legal 2-family dwelling. Currently utilized as a single family dwelling. All separate systems still present. Income numbers based on market rents for a 1 bedroom and a 4 bedroom duplex unit. Bed/ bath count for individual units based on recommended unit layout - not current.
Tax Information
  • Tax ID: 1415316
  • Assessments: $418,600
  • Book: 45568
  • Tax Year: 2015
  • Zoning: H-1-50
Building / Association Information
Living Characteristics
  • Beds Total: 6
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Brick/Mortar, Granite
  • Cooling Units: 0
  • Cooling Zones: 0
  • Heat Units: 2
  • Heat Zones: 2
Income / Expenses
  • GOI: $72,000.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 2
Rental Info
Rental Info
  • Total Actual Rent: $.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2%
  • Other Agent Compensation: 1%

Property History for 178 Bowen Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 178 Bowen Street

Taxable ValueLand$209,800Additions$747,400Total$957,200
Tax Record2024$10,433 ($869 / month)
Home Facts
Baths3Total Finished SqFt1,890 SqFtAbove Grade Finished SqFt1,890 SqFtStories3Lot Size1,500 SqFtStyleDuplexYear Built1880ZoningR2CountySUFFOLKAPNSBOS W:06 P:00608 S:000

Schools near 178 Bowen Street

This home is within Boston School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 10 to 12
Public - PK to 6
Public - 9 to 12
Rating
School
Distance
James F. Condon School
PublicPK to 8

Perkins Elementary School
PublicPK to 6

Excel High School
Public9 to 12

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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Burns Realty & Investments, Adam Burns

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.