515 Norfolk Street

Boston, MA 02126

$1,488,000
Price
10
Beds
4
Baths
5,237 Sq. Ft.
$284 / Sq. Ft.
5,237
Sq. Ft.
$284
per Sq. Ft.

Description

Introducing an exceptional investment opportunity to acquire a substantially large 4-unit BOSTON property in the heart of Mattapan, sitting on a generous 14,000 sq ft lot! Perfect for an investor or a buyer looking to owner occupy! Situated in a thriving Boston- Mattapan neighborhood with convenient access to public transit and just moments away from Downtown Boston, this building boasts 4 very spacious units, ample on-site parking, garage space, separately metered utilities, and efficient systems....Introducing an exceptional investment opportunity to acquire a substantially large 4-unit BOSTON property in the heart of Mattapan, sitting on a generous 14,000 sq ft lot! Perfect for an investor or a buyer looking to owner occupy! Situated in a thriving Boston- Mattapan neighborhood with convenient access to public transit and just moments away from Downtown Boston, this building boasts 4 very spacious units, ample on-site parking, garage space, separately metered utilities, and efficient systems. This building is currently a well stabilized cash cow; with significant potential to increase rents and enhance cash flow. The property showcases excellent value with tremendous potential for rent increases. Capitalize on the thriving momentum in Mattapan while unlocking substantial growth potential for the future. Mattapan Square is minutes away & the building is centrally located in one of Boston's most accessible neighborhoods. This is THE premier investment opportunity of the year!
  1. Listed by Markese Daise • Stony Brook & Lennox Realty Advisors

Property Details for 515 Norfolk Street

Town
Boston
MLS Area
Mattapan
Area
MA-Boston-Mattapan, MA-Boston
Garage Spaces
2
Parking Spaces
15.00
Parking Spaces Total
17

Location

Listing Courtesy of Stony Brook & Lennox Realty Advisors, Markese Daise
Add your commute
LISTING UPDATED: 04/26/2024 03:07 AM

Property Details for 515 Norfolk Street

StatusActive
MLS #73191910
Days on Market110
Taxes$10,638 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 4 Family
Year Built1905
CountySuffolk County

Location

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

Building Information for 515 Norfolk Street

Stories8Residences4Year Built1905Building Size-Lot Size0.32 AC / 13,797 SF

Payment Calculator

$9,007 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,121

Property Taxes

$887

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 515 Norfolk 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: 5237.0
  • 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: Full
  • 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
  • SpaYN: No
Exterior Features
  • Exterior Features: Porch, Deck
  • Lot Description: Level
  • Patio And Porch Features: Porch, Deck
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: 2.00
  • Garage: Yes
  • Garage Parking: Off-Street
  • Parking Features: Off-Street
  • Parking Features: Off-Street
Utilities
  • 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: Buyer & buyer's responsible for doing their own due diligence.
Tax Information
  • Tax ID: W:14 P:04190 S:000,1362836
  • Assessments: $990,500
  • Book: 0
  • Tax Year: 2023
  • Zoning: R3
Building / Association Information
Living Characteristics
  • Beds Total: 10
  • Total Living Levels: 8
Other Building Characteristics
  • Foundation: Concrete Perimeter
  • Heat Units: 4
Income / Expenses
  • GOI: $145,980.00
  • NOI: $145,980.00
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: 1
  • Lease U2: N
  • Levels U2: 2
Unit 3 Description
  • Floor U3: 3
  • Lease U3: N
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 3
  • Lease U4: N
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $12,200.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 2

Property History for 515 Norfolk 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 515 Norfolk Street

Taxable ValueLand$340,300Additions$650,200Total$990,500
Tax Record2023$10,638 ($886 / month)
Home Facts
Baths3Total Finished SqFt5,237 SqFtAbove Grade Finished SqFt5,237 SqFtStories3Lot Size13,797 SqFtStyleTriplexYear Built1905Year Renovated2002ZoningR3CountySUFFOLKAPNMATT W:14 P:04190 S:000

Schools near 515 Norfolk Street

This home is within Boston School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - PK to 3
Public - PK to 8
Rating
School
Distance
Mildred Avenue K-8
PublicPK to 8

Boston International High School
Public9 to 12

Pauline Agassiz Shaw Elementary School
PublicPK to 3

Young Achievers Science and Math 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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

515 Norfolk Street is a multi-family home for sale in Boston, MA 02126. This property was listed for sale on January 9, 2024 by Stony Brook & Lennox Realty Advisors, it's currently listed at $1,488,000. It has been on the market for a total of 110 days and was last sold on January 31, 1996. This listing's school district is Boston School District. Nearby schools include Mildred Avenue K-8, Boston International High School and Pauline Agassiz Shaw Elementary School. 515 Norfolk Street is a 10-bed, 4-bath, 5,237 sqft multi-family home built in 1905.

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.