3 Stockton Street

Boston, MA 02124

$1,339,000
Price
9
Beds
3
Baths
3
1/2 Baths
3,600 Sq. Ft.
$372 / Sq. Ft.
3,600
Sq. Ft.
$372
per Sq. Ft.

Description

3 Stockton Street is a fully renovated turn-key three unit investment property located in the highly desirable Ashmont neighborhood of Dorchester. The asset generates an impressive $9,375 per month and has significant upside as this area continues to see yearly appreciation in both rent levels and property values. The property is a short walk to Ashmont Station (Red Line) and is comprised entirely of 3-Bedroom/1.5 Bath units. The apartments boast hardwood flooring throughout, shaker cabinets, stone...3 Stockton Street is a fully renovated turn-key three unit investment property located in the highly desirable Ashmont neighborhood of Dorchester. The asset generates an impressive $9,375 per month and has significant upside as this area continues to see yearly appreciation in both rent levels and property values. The property is a short walk to Ashmont Station (Red Line) and is comprised entirely of 3-Bedroom/1.5 Bath units. The apartments boast hardwood flooring throughout, shaker cabinets, stone countertops, and tile bathrooms. The building also features new vinyl siding, new rubber roof, and the mechanicals are in excellent condition.
  1. Listed by Tony Pepdjonovic • Marcus & Millichap Real Estate Investment Services

Property Details for 3 Stockton Street

Town
Boston
MLS Area
Dorchester's Ashmont
Area
MA-Boston-Dorchester's Ashmont, MA-Boston
Garage Spaces
0
Parking Spaces
.00

Location

Listing Courtesy of Marcus & Millichap Real Estate Investment Services, Tony Pepdjonovic
Add your commute
LISTING UPDATED: 04/25/2024 09:02 PM

Property Details for 3 Stockton Street

StatusUnder Agreement
MLS #73221370
Days on Market17
Taxes$11,056 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 3 Family
Year Built1905
CountySuffolk County

Location

Listing Courtesy of Marcus & Millichap Real Estate Investment Services, Tony Pepdjonovic
Add your commute

Building Information for 3 Stockton Street

Stories6Residences3Year Built1905Building Size-Lot Size0.10 AC / 4,300 SF

Payment Calculator

$8,229 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,307

Property Taxes

$921

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3 Stockton Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, House of Worship, Public School, T-Station
  • Living Area: 3600.0
  • SqFt with Basement: No
  • Total Units: 3
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Range, Dishwasher, Microwave, Refrigerator
  • Basement Features: Concrete Floor, Unfinished Basement
  • Num of Baths: 6.0
  • Num of Full Baths: 3
  • Num of Half Baths: 3
  • Bathrooms Total Decimal: 4.50
  • Bathrooms Total Integer: 6
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Hardwood, Wood
  • Interior Features: Stone/Granite/Solid Counters, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Remodeled
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Exterior Features: Balcony
  • Exterior Features: Balcony
  • Lot Description: Other
  • Roof Material: Rubber
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Open Parking: Yes
Utilities
  • Electric: Circuit Breakers
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Surface Type: Paved
Tax Information
  • Tax ID: 1309967
  • Assessments: $1,014,300
  • Book: .
  • Tax Year: 2024
  • Zoning: R3
Building / Association Information
Living Characteristics
  • Beds Total: 9
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Stone
Income / Expenses
  • Annual Expenses Source: Owner
  • GOI: $112,500.00
  • GRE: $23,053
  • NOI: $89,447.00
  • Operating Expense: $23,053.00
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: 1
Unit 3 Description
  • Floor U3: 3
  • Lease U3: Y
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $9,375.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2%
  • Other Agent Compensation: N/A

Property History for 3 Stockton 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 3 Stockton Street

Taxable ValueLand$226,800Additions$712,200Total$939,000
Tax Record2023$10,085 ($840 / month)
Home Facts
Baths3Total Finished SqFt3,600 SqFtAbove Grade Finished SqFt3,600 SqFtStories3Lot Size4,300 SqFtStyleTriplexYear Built1905ZoningR3CountySUFFOLKAPNDORC W:17 P:02838 S:000

Schools near 3 Stockton Street

This home is within Boston School District.
Rating
School
Type
Grades
Distance
Public - 2 to 12
Public - PK to 3
Public - 6 to 12
Public - PK to 5
Rating
School
Distance
Henderson K-12 Inclusion School Upper
Public2 to 12

Lee Academy
PublicPK to 3

Techboston Academy
Public6 to 12

Taylor 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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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.

Listing Courtesy of Marcus & Millichap Real Estate Investment Services, Tony Pepdjonovic

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.