522 East 8th Street, Unit 2
522 East 8th Street, Unit 2
$485,000
2
1
548
548
$885
Sold 3/14/19
Description
Fantastic chance to get into the red hot Southie investment market! This investment opportunity currently rented for $2,500/mo till 09/01/19 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...Fantastic chance to get into the red hot Southie investment market! This investment opportunity currently rented for $2,500/mo till 09/01/19 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.
Property Details for 522 East 8th Street, Unit 2
Town
Boston
MLS AreaSouth Boston
AreaMA-Boston-South Boston, MA-Boston
Style2/3 Family
Garage Spaces0
Parking Spaces.00
Unit PlacementMiddle
Location
LISTING UPDATED: 05/12/2022 10:15 PM
Property Details for 522 East 8th Street, Unit 2
Status | Sold |
---|---|
MLS # | 72446747 |
Days on Market | 17 |
Taxes | $3,449 / year |
HOA Fees | $200 / month |
Compass Type | Condo |
MLS Type | Condominium/Co-Op / Condo |
Year Built | 1905 |
County | Suffolk County |
Location
Building Information for 522 East 8th Street, Unit 2
Building/Complex522 East 8th St Condo AssociationFloor2Stories1Residences3Pet PolicyAllowedYear Built1905
Payment Calculator
$3,134 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 522 East 8th Street, Unit 2
Property History for 522 East 8th Street, Unit 2
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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$450,800Total-
Tax Record2023$4,842 ($404 / month)
Home Facts
Beds2Baths1Total Finished SqFt548 SqFtAbove Grade Finished SqFt548 SqFtStories1Lot Size548 SqFtStyleCondominiumYear Built1905Year Renovated1991ZoningCDCountySUFFOLKAPNSBOS W:07 P:01957 S:004
Schools near 522 East 8th Street, Unit 2
This home is within Boston School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Public - | PK to 6 |
Rating | School | Distance |
---|---|---|
Joseph P. Tynan Elementary School PublicPK to 5 | ||
James F. Condon School PublicPK to 8 | ||
Excel High School Public9 to 12 | ||
Perkins Elementary School PublicPK to 6 |
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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