55 Dudley Street

Boston, MA 02119

$695,000
Last Sold Price
8
Beds
3
Baths
3,476 Sq. Ft.
$200 / Sq. Ft.
3,476
Sq. Ft.
$200
per Sq. Ft.

Description

Prime investment opportunity! Offered at a cap rate near 6.25%, this property offers a great return and tremendous appreciation potential! A corporate tenant leases the entire multifamily and operates it as supervised residential housing for 7 individuals pursuant to an agreement with the MA Dept of Mental Health. The tenant has just signed a new 2 year lease (plus a 1 year option) and is responsible for all utilities, snow removal and increases in real estate taxes and building insurance. A new...Prime investment opportunity! Offered at a cap rate near 6.25%, this property offers a great return and tremendous appreciation potential! A corporate tenant leases the entire multifamily and operates it as supervised residential housing for 7 individuals pursuant to an agreement with the MA Dept of Mental Health. The tenant has just signed a new 2 year lease (plus a 1 year option) and is responsible for all utilities, snow removal and increases in real estate taxes and building insurance. A new rubber roof was installed in 2010.
  1. Listed by Eric Shabshelowitz • Cabot & Company
  2. Listed by Michael Schwartz • Cabot & Company

Property Details for 55 Dudley Street

Town
Boston
MLS Area
Roxbury
Area
MA-Boston-Roxbury, MA-Boston
Garage Spaces
0
Parking Spaces
.00

Location

Listing Courtesy of Cabot & Company, Eric Shabshelowitz; Cabot & Company, Michael Schwartz

Sold By Keller Williams Realty Boston-Metro | Back Bay, Debbie Adamidis

Add your commute
LISTING UPDATED: 08/06/2022 06:20 AM

Property Details for 55 Dudley Street

StatusSold
MLS #71926874
Days on Market106
Taxes$3,978 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 2 Family
Year Built1900
CountySuffolk County

Location

Listing Courtesy of Cabot & Company, Eric Shabshelowitz; Cabot & Company, Michael Schwartz

Sold By Keller Williams Realty Boston-Metro | Back Bay, Debbie Adamidis

Add your commute

Building Information for 55 Dudley Street

Stories4Residences2Year Built1900Building Size-Lot Size0.04 AC / 1,540 SF

Payment Calculator

$4,124 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,793

Property Taxes

$332

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 55 Dudley Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, T-Station
  • Current Financing: Conv. Fixed
  • Living Area: 3476.0
  • SqFt with Basement: Yes
  • Total Units: 2
  • Waterfront: No
  • Year Built Details: Actual,Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Gas Water Heater
  • Basement Features: Full, Finished
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • FireplaceYN: No
  • Fireplaces: 0
Exterior Features
  • Construction: Brick
  • Lot Description: Gentle Sloping
  • Roof Material: Rubber
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
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: One of the sellers is a licensed RE broker in another state. Washer/dryer owned by tenant,not included in sale. Buyers to do their own due diligence.
Tax Information
  • Tax ID: 3393307
  • Assessments: $328,500
  • Book: 999
  • Tax Year: 2015
  • Zoning: 999
Building / Association Information
Living Characteristics
  • Beds Total: 8
  • Total Living Levels: 4
Other Building Characteristics
  • Foundation: Other
  • Heat Units: 2
  • Heat Zones: 2
Income / Expenses
  • GOI: $54,000.00
  • NOI: $54,000.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 2
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 2
Rental Info
Rental Info
  • Total Actual Rent: $4,500.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.5%
  • Other Agent Compensation: 0

Property History for 55 Dudley 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 55 Dudley Street

Taxable ValueLand$134,500Additions$877,900Total$1,012,400
Tax Record2024$11,035 ($920 / month)
Home Facts
Baths3Total Finished SqFt2,967 SqFtAbove Grade Finished SqFt2,967 SqFtStories3Lot Size1,540 SqFtStyleDuplexYear Built1900Year Renovated2017ZoningR2CountySUFFOLKAPNROXB W:09 P:03231 S:000

Schools near 55 Dudley Street

This home is within Boston School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 7 to 12
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Nathan Hale School
PublicPK to 5

O'bryant School Math/Science
Public7 to 12

James P Timilty Middle School
Public6 to 8

Madison Park High
Public9 to 12

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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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 Cabot & Company, Eric Shabshelowitz; Cabot & Company, Michael Schwartz

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.