20 Sheafe Street

Boston, MA 02113

$8,600,000
Last Sold Price
34
Beds
16
Baths
1
1/2 Bath
12,960 Sq. Ft.
$664 / Sq. Ft.
12,960
Sq. Ft.
$664
per Sq. Ft.

Description

20 Sheafe offers the opportunity to acquire a fully leased ($524,400 Gross Income) turnkey investment in an exceptional, urban-infill location in Boston's North End. The Property consists of a five-story, brick building with eleven (11) units comprised of one (1) 4-Bedroom/1.5 Bathroom unit, five (5) 3-Bedroom/2-Bathroom units and five (5) 3-Bedroom/1-Bathroom units with 12,960 square feet of living area in 13,309 square feet of total area. 20 Sheafe is fully occupied and was comprehensively renovated...20 Sheafe offers the opportunity to acquire a fully leased ($524,400 Gross Income) turnkey investment in an exceptional, urban-infill location in Boston's North End. The Property consists of a five-story, brick building with eleven (11) units comprised of one (1) 4-Bedroom/1.5 Bathroom unit, five (5) 3-Bedroom/2-Bathroom units and five (5) 3-Bedroom/1-Bathroom units with 12,960 square feet of living area in 13,309 square feet of total area. 20 Sheafe is fully occupied and was comprehensively renovated in 2017 featuring a new roof and new windows as well as a new electrical and gas service. Unit features consist of condo quality finishes including granite countertops, hardwood floors, stainless steel appliances, in-unit laundry and dishwashers as well as forced hot air heat and central air conditioning. Each unit is separately metered for utilities (Heat and AC – Electric Heat Pumps), hot water (Navien – Tankless) and separate electric, which the tenants all pay directly.
  1. Listed by John Pentore • Horvath & Tremblay
  2. Listed by Dennis Kelleher • Horvath & Tremblay

Property Details for 20 Sheafe Street

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

Location

Listing Courtesy of Horvath & Tremblay, John Pentore; Horvath & Tremblay, Dennis Kelleher

Sold By Horvath & Tremblay, John Pentore

Add your commute
LISTING UPDATED: 11/09/2022 07:41 PM

Property Details for 20 Sheafe Street

StatusSold
MLS #72972981
Days on Market70
Taxes$72,300 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5+ Family - 5+ Units Up/Down
Year Built1920
CountySuffolk County

Location

Listing Courtesy of Horvath & Tremblay, John Pentore; Horvath & Tremblay, Dennis Kelleher

Sold By Horvath & Tremblay, John Pentore

Add your commute

Building Information for 20 Sheafe Street

Stories11Residences11Year Built1920Building Size-Lot Size0.05 AC / 2,178 SF

Payment Calculator

$52,959 per month

30 year fixed, 7.25% Interest

Principal and Interest

$46,934

Property Taxes

$6,025

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 20 Sheafe Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Swimming Pool, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
  • Current Financing: Conv. Fixed
  • Living Area: 12960.0
  • SqFt with Basement: No
  • Total Units: 11
  • Waterfront: No
  • Water View: Yes
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Gas Water Heater
  • Num of Baths: 17.0
  • Num of Full Baths: 16
  • Num of Half Baths: 1
  • Bathrooms Total Decimal: 16.50
  • Bathrooms Total Integer: 17
  • FireplaceYN: No
  • Fireplaces: 0
Exterior Features
  • Lot Description: Other
  • Roof Material: Rubber
  • Waterfront Features: Beach Front
Parking Features
  • Covered Spaces: .00
  • Garage: No
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
Tax Information
  • Tax ID: 3365350
  • Assessments: $6,580,400
  • Book: 61334
  • Tax Year: 2021
  • Zoning: A
Building / Association Information
Living Characteristics
  • Beds Total: 34
  • Total Living Levels: 11
Other Building Characteristics
  • Foundation: Brick/Mortar
Income / Expenses
  • GOI: $501,684.00
  • GRE: $101,969
  • NOI: $399,715.00
  • Operating Expense: $101,969.00
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: 2
  • Lease U3: Y
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 3
  • Lease U4: Y
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $17,150.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 1.125
  • Selling Broker Comp: 0
  • Other Agent Compensation: 0

Property History for 20 Sheafe 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 20 Sheafe Street

Taxable ValueLand$1,176,000Additions$5,378,700Total$6,554,700
Tax Record2024$71,446 ($5,954 / month)
Home Facts
Total Finished SqFt7,360 SqFtAbove Grade Finished SqFt7,360 SqFtStories5Lot Size2,051 SqFtStyleMulti-Family Res (5+ Units)Year Built1920Year Renovated2015ZoningACountySUFFOLKAPNCBOS W:03 P:02247 S:000

Schools near 20 Sheafe Street

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.

Similar Homes

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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 Horvath & Tremblay, John Pentore; Horvath & Tremblay, Dennis Kelleher

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.