522 East 8th Street, Unit 2

South Boston, MA 02127

$485,000
Last Sold Price
2
Beds
1
Bath
548 Sq. Ft.
$885 / Sq. Ft.
548
Sq. Ft.
$885
per Sq. Ft.

Property Details for 522 East 8th Street, Unit 2

StatusSold
MLS #-
Year Built-
DOM21
Compass TypeCondo
MLS Type-
Taxes$234.67 / quarter
Condo/Co-op Fees-
HOA Fees$200 / month
CountySuffolk County

Listing Agent

Contact Agent(s)

Description

Fantastic chance to get into the red hot Southie investment market! This investment opportunity currently rented for $2,500/mo. produces a 5% cap rate and has everything a landlord could want: great tenants on a September lease cycle w/ last month rent & full security deposit in place, low condo fees & taxes, small 3 unit highly owner occupied self-managed association, healthy reserves, no assessments and tenants pay all utilities! Many new updates such as a brand new furnace, high efficiency central... air conditioning, new windows throughout and a front door smart lock so your packages won't sit out on the stoop in the cold. Extra storage in the basement. Easy permit parking one block over and plenty of visitor spots in the neighborhood. With two bedrooms on opposite ends of this 2nd floor front to back unit and located in the sought after East Side of South Boston right near the beach, you will never have trouble renting this property.

Amenities

Washer / Dryer in UnitCentral ACForced AirStreet ParkingDishwasherWindowed KitchenHardwood FloorsPrivate Storage Included

Location

Listing Agent

  1. Michael Gilbert

    Listing Agent

    Compass

    mpg@compass.com

    P: 781.249.9684

Building Information for 522 East 8th Street, Unit 2

Building/Complex-Floor2Stories3Residences3Pet PolicyNot AllowedYear Built-

Payment Calculator

$2,179 per month

30 year fixed, 3.51% Interest

Principal and Interest

$1,744

Property Taxes

$235

HOA Dues

$200

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Property History for 522 East 8th Street, Unit 2

DateEvent & SourcePriceAppreciation
Mar 14, 2019Sold (Public Records)

Public Record #641509219

$485,000
Mar 14, 2019Sold (Public Records)

Public Record #641509219

$485,000

+26.2% / yr

Mar 14, 2019Sold

MLS PIN #72446747

$485,000
DateEvent & SourcePrice
03/14/2019
Sold (Public Records)

Public Record #641509219

$485,000
03/14/2019
Sold (Public Records)

Public Record #641509219

$485,000

+26.2% / yr

03/14/2019
Sold

MLS PIN #72446747

$485,000

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

Public Records for 522 East 8th Street, Unit 2

Taxable ValueLand-Additions$345,700Total-
Tax Record2019$3,644
Home Facts
Beds1Baths1Finished Sq.Ft.548 SqFtStories1Lot Size548 SqFtStyleCondominiumYear Built1905Year Renovated1991CountySUFFOLKAPNW:07 P:01957 S:004

Schools near 522 East 8th Street, Unit 2

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
Tynan Elementary SchoolPublicPK-50.2 mi
3
Excel High SchoolPublic9-120.2 mi
2
Perkins Elementary SchoolPublicK-50.5 mi
3
Perry K-8 SchoolPublicPK-80.5 mi
4

Tynan Elementary School

PK-5, 0.2 mi, Public

3

Excel High School

9-12, 0.2 mi, Public

2

Perkins Elementary School

K-5, 0.5 mi, Public

3

Perry K-8 School

PK-8, 0.5 mi, Public

4

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.

South Boston
A traditional city neighborhood with an extended waterfront playground.

Similar Sold Homes

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