240 Parker Hill Avenue

Boston, MA 02120

$1,795,000
Price
8
Beds
4
Baths
2,851 Sq. Ft.
$630 / Sq. Ft.
2,851
Sq. Ft.
$630
per Sq. Ft.

Description

Prime Investment Opportunity in Mission Hill: Step into the vibrant Mission Hill real estate market with this fully renovated 2-family gem. Each unit exudes modern elegance with hardwood floors, granite countertops, and stainless steel appliances. The first-floor apartment offers 4 beds/2 baths with convenient rear access to parking, while the second unit spans two levels, featuring another 4 beds/2 baths and a charming 3rd-floor bonus space. Strategically situated across from McLaughlin Park and...Prime Investment Opportunity in Mission Hill: Step into the vibrant Mission Hill real estate market with this fully renovated 2-family gem. Each unit exudes modern elegance with hardwood floors, granite countertops, and stainless steel appliances. The first-floor apartment offers 4 beds/2 baths with convenient rear access to parking, while the second unit spans two levels, featuring another 4 beds/2 baths and a charming 3rd-floor bonus space. Strategically situated across from McLaughlin Park and within close proximity to Longwood Medical, Northeastern, and other universities, as well as the Green D-Line, this property boasts unmatched convenience and desirability. With abundant basement storage, additional income from coin-op laundry and parking, and a projected rent roll of $9,775/month starting on 9/1, this turnkey investment promises a solid return on investment. Seize the opportunity to own a piece of this highly sought-after community today.

Listing Agents

  1. Blake Sherwood

    Blake Sherwood

    Alternative Listing Agent

    Compass

Property Details for 240 Parker Hill Avenue

Town
Boston
MLS Area
Mission Hill
Area
MA-Boston-Mission Hill, MA-Boston
Garage Spaces
0
Parking Spaces
1.00
Parking Spaces Total
1

Location

Add your commute
LISTING UPDATED: 04/29/2024 08:16 PM

Property Details for 240 Parker Hill Avenue

StatusPrice Changed
MLS #73224019
Days on Market14
Taxes$16,985 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 2 Family - 2 Units Up/Down
Year Built1930
CountySuffolk County

Location

Add your commute

Building Information for 240 Parker Hill Avenue

Stories3Residences2Year Built1930Building Size-Lot Size0.09 AC / 3,725 SF

Payment Calculator

$11,211 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,796

Property Taxes

$1,415

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 240 Parker Hill Avenue

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, House of Worship, Public School, T-Station, University
  • Living Area: 2851.0
  • Color: Grey
  • SqFt with Basement: No
  • Total Units: 2
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Full, Walk Out, Interior Access, Concrete Floor, Unfinished Basement
  • Num of Baths: 4.0
  • Num of Full Baths: 4
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 4.00
  • Bathrooms Total Integer: 4
  • FireplaceYN: No
  • Fireplaces: 0
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Exterior Features: City View(s), Porch - Enclosed
  • Lot Description: Gentle Sloping
  • Other Structures: Shed(s)
  • Patio And Porch Features: Enclosed
  • Roof Material: Shingle
  • View: City View(s), City
  • View: Yes
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Shared Driveway, Off-Street, On Street Permit
  • Open Parking: Yes
  • Parking Features: Paved Drive, Shared Driveway, Off-Street, On Street Permit
  • Parking Features: Off-Street, On Street Permit
Utilities
  • Electric: 220 Volts
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Gas Dryer, Washer Hookup
  • 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 sold "as-is" and has been managed for the last 7 years by a local management company.
Tax Information
  • Listing Terms: Contract
  • Tax ID: W:10 P:01080 S:000,3397552
  • Assessments: $1,558,300
  • Book: 39488
  • Tax Year: 2024
  • Zoning: R2
Building / Association Information
Living Characteristics
  • Beds Total: 8
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Concrete Perimeter
  • Heat Units: 2
Income / Expenses
  • Electricity: $890.00
  • Annual Expenses Source: Other (See Remarks)
  • GOI: $119,700.00
  • GRE: $2,824
  • NOI: $116,875.00
  • Operating Expense: $2,824.00
  • WSE: $1,934.00
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: Y
  • Levels U2: 2
Rental Info
Rental Info
  • Total Actual Rent: $9,775.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 0

Property History for 240 Parker Hill Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 240 Parker Hill Avenue

Taxable ValueLand$479,000Additions$977,000Total$1,456,000
Tax Record2023$15,637 ($1,303 / month)
Home Facts
Baths3Total Finished SqFt2,851 SqFtAbove Grade Finished SqFt2,851 SqFtStories2Lot Size3,725 SqFtStyleDuplexYear Built1930Year Renovated2018ZoningR2CountySUFFOLKAPNROXB W:10 P:01080 S:000

Schools near 240 Parker Hill Avenue

This home is within Boston School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - PK to 1
Public - PK to 8
Rating
School
Distance
James W. Hennigan School
PublicK to 8

Fenway High School
Public9 to 12

Elc - West Zone
PublicPK to 1

Tobin 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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Similar Sold Homes

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240 Parker Hill Avenue is a multi-family home for sale in Boston, MA 02120. This property was listed for sale on April 15, 2024 by Compass, it's currently listed at $1,795,000. It has been on the market for a total of 14 days and was last sold on April 28, 2006. This listing's school district is Boston School District. Nearby schools include James W. Hennigan School, Fenway High School and Elc - West Zone. 240 Parker Hill Avenue is a 8-bed, 4-bath, 2,851 sqft multi-family home built in 1930.

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.

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.