416 Harvard Street

Boston, MA 02124

$2,400,000
Price
12
Beds
8
Baths
4,710 Sq. Ft.
$510 / Sq. Ft.
4,710
Sq. Ft.
$510
per Sq. Ft.

Description

TROPHY Ground-Up New Construction Dorchester Massive 4-Unit building available now with a huge parking lot! This impressive turnkey property offers an unparalleled investment opportunity in a prime location. Meticulously crafted and brand new, ensuring low-maintenance ownership. Each unit boasts a luxurious 3-bed, 2-bath condo-quality layout, showcasing exceptional craftsmanship! The potential for maximizing rental income is substantial, with the possibility to achieve rents up to $4,000/month per...TROPHY Ground-Up New Construction Dorchester Massive 4-Unit building available now with a huge parking lot! This impressive turnkey property offers an unparalleled investment opportunity in a prime location. Meticulously crafted and brand new, ensuring low-maintenance ownership. Each unit boasts a luxurious 3-bed, 2-bath condo-quality layout, showcasing exceptional craftsmanship! The potential for maximizing rental income is substantial, with the possibility to achieve rents up to $4,000/month per floor. This translates to a gross income of $16,000/month and an impressive $192,000 annually. Featuring hardwood floors, central air, expansive open-layouts, lux spa bathrooms, chef-inspired kitchens, & large bedrooms, this building offers an array of desirable amenities. Strategically positioned in the heart of Boston, with close proximity to an abundance of public transit options, shops, restaurants, hospitals, and universities, this property presents an ideal investment opportunity!
  1. Listed by Markese Daise • Stony Brook & Lennox Realty Advisors

Property Details for 416 Harvard Street

Town
Boston
MLS Area
Dorchester
Area
MA-Boston-Dorchester, MA-Boston
Garage Spaces
0
Parking Spaces
6.00
Parking Spaces Total
6

Location

Listing Courtesy of Stony Brook & Lennox Realty Advisors, Markese Daise
Add your commute
LISTING UPDATED: 05/13/2024 03:06 AM

Property Details for 416 Harvard Street

StatusActive
MLS #73235874
Days on Market13
Taxes$11,302 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 4 Family
Year Built2018
CountySuffolk County

Location

Listing Courtesy of Stony Brook & Lennox Realty Advisors, Markese Daise
Add your commute

Building Information for 416 Harvard Street

Stories10Residences4Year Built2018Building Size-Lot Size0.15 AC / 6,620 SF

Payment Calculator

$14,040 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,098

Property Taxes

$942

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 416 Harvard Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Living Area: 4710.0
  • SqFt with Basement: No
  • Total Units: 4
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Finished
  • Num of Baths: 8.0
  • Num of Full Baths: 8
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 8.00
  • Bathrooms Total Integer: 8
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Hardwood
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Lot Description: Corner Lot
  • Roof Material: Rubber
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Off-Street, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Off-Street, Paved Driveway
  • Parking Features: Off-Street, Paved Driveway
Utilities
  • Electric: 200+ Amp Service
  • 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
  • Disclosures: All units are month to month. MLS rents showcase max rents. Contact broker for current rent roll.
Tax Information
  • Tax ID: W:14 P:04448 S:000,1312690
  • Assessments: $1,036,900
  • Book: 000
  • Tax Year: 2024
  • Zoning: R4
Building / Association Information
Living Characteristics
  • Beds Total: 12
  • Total Living Levels: 10
Other Building Characteristics
  • Foundation: Concrete Perimeter
  • Cooling Units: 4
  • Cooling Zones: 4
  • Heat Units: 4
  • Heat Zones: 4
Income / Expenses
  • GOI: $187,200.00
  • NOI: $187,200.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Lease U3: N
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 4
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $16,000.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 2

Property History for 416 Harvard 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 416 Harvard Street

Taxable ValueLand$241,600Additions$795,300Total$1,036,900
Tax Record2024$11,302 ($942 / month)
Home Facts
Baths4.5Total Finished SqFt4,710 SqFtAbove Grade Finished SqFt4,710 SqFtStories3Lot Size6,620 SqFtStyleMulti-Family Res (5+ Units)Year Built2018ZoningR4CountySUFFOLKAPNDORC W:14 P:04448 S:000

Schools near 416 Harvard Street

This home is within Boston School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - PK to 8
Public - PK to 3
Rating
School
Distance
Young Achievers Science and Math School
PublicPK to 8

Boston International High School
Public9 to 12

Joseph Lee School
PublicPK to 8

Pauline Agassiz Shaw Elementary School
PublicPK to 3

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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416 Harvard Street is a multi-family home for sale in Boston, MA 02124. This property was listed for sale on May 9, 2024 by Stony Brook & Lennox Realty Advisors, it's currently listed at $2,400,000. It has been on the market for a total of 13 days and was last sold on May 26, 2016. This listing's school district is Boston School District. Nearby schools include Young Achievers Science and Math School, Boston International High School and Joseph Lee School. 416 Harvard Street is a 12-bed, 8-bath, 4,710 sqft multi-family home built in 2018.

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 Stony Brook & Lennox Realty Advisors, Markese Daise

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.