233-235 Norwell Street
233-235 Norwell Street
$585,800
9
3
3,768
3,768
$155
Sold 5/13/16
Description
Attention investors: stunning updated 3-family building in a great dorchester location! This building will be a cash cow and turn key for the new owner! All units are very good sized 3 bedrooms and have lead compliance certificates the exterior is vinyl siding with vinyl replacement windows. The kitchens & baths are all modern. Unit's #1 & #3 have hardwood floors and unit #2 has carpets. The current gross annual income is $62,400/year with expenses of $7,880. The noi is $52,647 and the estimated...Attention investors: stunning updated 3-family building in a great dorchester location! This building will be a cash cow and turn key for the new owner! All units are very good sized 3 bedrooms and have lead compliance certificates the exterior is vinyl siding with vinyl replacement windows. The kitchens & baths are all modern. Unit's #1 & #3 have hardwood floors and unit #2 has carpets. The current gross annual income is $62,400/year with expenses of $7,880. The noi is $52,647 and the estimated cap rate is a solid 8.8% with an estimated return on investment of 18%! The basement also has great potential for a coin-op laundry room to generate more income! All units are currently fully leased so only one unit and the basement will be shown at the first showings then after an accepted offer the buyer can view the rest of the units. This won't last long so call us today! No weekend or evening showings.
- Listed by Michael McGuire • Insight Realty Group, Inc.
- Listed by Timothy Hearn • Insight Realty Group, Inc.
Property Details for 233-235 Norwell Street
Town
Boston
MLS AreaDorchester
AreaMA-Boston-Dorchester, MA-Boston
Garage Spaces0
Parking Spaces.00
Location
LISTING UPDATED: 08/06/2022 06:23 AM
Property Details for 233-235 Norwell Street
Status | Sold |
---|---|
MLS # | 71966492 |
Days on Market | 47 |
Taxes | $3,681 / year |
HOA Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-family / 3 Family |
Year Built | 1900 |
County | Suffolk County |
Location
Building Information for 233-235 Norwell Street
Stories6Residences3Year Built1900Building Size-Lot Size0.06 AC / 2,602 SF
Payment Calculator
$3,504 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 233-235 Norwell Street
Property History for 233-235 Norwell 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 233-235 Norwell Street
Taxable ValueLand$185,200Additions$724,100Total$909,300
Tax Record2023$9,766 ($814 / month)
Home Facts
Baths3Total Finished SqFt3,768 SqFtAbove Grade Finished SqFt3,768 SqFtStories3Lot Size2,602 SqFtStyleTriplexYear Built1900Year Renovated2008ZoningR3CountySUFFOLKAPNDORC W:17 P:00317 S:000
Schools near 233-235 Norwell Street
This home is within Boston School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 6 to 12 | |||
Public - | PK to 8 | |||
Public - | PK to 5 |
Rating | School | Distance |
---|---|---|
Joseph Lee School PublicPK to 8 | ||
Techboston Academy Public6 to 12 | ||
Greenwood K-8 School PublicPK to 8 | ||
Holmes Elementary School PublicPK to 5 |
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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