178 Bowen Street
178 Bowen Street
$590,000
6
2
1,890
1,890
$312
Sold 1/6/16
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.
- Listed by Adam Burns • Burns Realty & Investments
Property Details for 178 Bowen Street
Town
Boston
MLS AreaSouth Boston
AreaMA-Boston-South Boston, MA-Boston
StyleGarden
Garage Spaces0
Parking Spaces.00
Location
LISTING UPDATED: 08/06/2022 06:19 AM
Property Details for 178 Bowen Street
Status | Sold |
---|---|
MLS # | 71917935 |
Days on Market | 22 |
Taxes | $5,069 / year |
HOA Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-family / 2 Family - 2 Units Up/Down |
Year Built | 1880 |
County | Suffolk County |
Location
Building Information for 178 Bowen Street
Stories3Residences2Year Built1880Building Size-Lot Size0.03 AC / 1,500 SF
Payment Calculator
$3,642 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 178 Bowen Street
Property History for 178 Bowen Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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 | ||
Boston - Boston Collaborative High School Public10 to 12 | ||
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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