522 East 8th Street, Unit 2

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.

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 Area
South Boston
Area
MA-Boston-South Boston, MA-Boston
Style
2/3 Family
Garage Spaces
0
Parking Spaces
.00
Unit Placement
Middle

Location

Listing Courtesy of Compass, Michael Gilbert

Sold By Compass, The Bushari Team

Add your commute
LISTING UPDATED: 05/12/2022 10:15 PM

Property Details for 522 East 8th Street, Unit 2

StatusSold
MLS #72446747
Days on Market17
Taxes$3,449 / year
HOA Fees$200 / month
Compass TypeCondo
MLS TypeCondominium/Co-Op / Condo
Year Built1905
CountySuffolk County

Location

Listing Courtesy of Compass, Michael Gilbert

Sold By Compass, The Bushari Team

Add your commute

Building Information for 522 East 8th Street, Unit 2

Building/Complex522 East 8th St Condo AssociationFloor2Stories1Residences3Pet PolicyAllowedYear Built1905

Payment Calculator

$3,134 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,647

Property Taxes

$287

HOA Dues

$200

The Payment Calculator is for illustrative purposes only.

Property Information for 522 East 8th Street, Unit 2

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Swimming Pool, Tennis Court, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, House of Worship, T-Station, University
  • Current Financing: Conv. Fixed
  • Living Area: 548.0
  • Total Units: 3
  • Type of Condo: Condo
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
  • Basement Features: N
  • Common Walls: Middle
  • Num of Baths: 1.0
  • Num of Full Baths: 1
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 1.00
  • Bathrooms Total Integer: 1
  • FireplaceYN: No
  • Fireplaces: 0
  • Laundry Features: In Unit
  • Primary Bath: No
Exterior Features
  • Structure Type: 2/3 Family
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: On Street Permit
  • Open Parking: Yes
  • Parking Features: On Street Permit
  • Parking Features: On Street Permit
Utilities
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
Tax Information
  • Tax ID: W:07 P:01957 S:004,4396066
  • Assessments: $329,100
  • Book: 60134
  • Tax Year: 2018
  • Zoning: RES
Building / Association Information
Living Characteristics
  • Beds Total: 2
  • Total Living Levels: 1
Complex & Association Information
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure
  • Complex Name: 522 East 8th St Condo Association
  • Complex Complete: Yes
  • Management: Owner Association
  • Units Owner Occupied: 2
  • Owner Occupied Source: Trustees
Unit Information
Unit Information
  • Unit Building: 2
  • Unit Floor Level Integer: 2.0
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.5
  • Other Agent Compensation: 0.0

Property History for 522 East 8th Street, Unit 2

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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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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 Compass, Michael Gilbert

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.