55 Mt Vernon Street

Boston, MA 02125

$2,335,000
Last Sold Price
12
Beds
6
Baths
4,149 Sq. Ft.
$563 / Sq. Ft.
4,149
Sq. Ft.
$563
per Sq. Ft.

Description

Turnkey 3-family located in the heart of Dorchester’s vibrant Polish Triangle neighborhood. The 3 luxury rental units, each consisting of 4 bedrooms & 2 bathrooms, has been renovated to the studs. The units feature modern kitchens with semi-custom cabinetry, quartz countertops & stainless steel appliances, modern bathrooms, in-unit laundry, new efficient HVAC systems & water heaters. The electrical & plumbing systems have been fully updated. Each unit has private outdoor space, high ceilings that...Turnkey 3-family located in the heart of Dorchester’s vibrant Polish Triangle neighborhood. The 3 luxury rental units, each consisting of 4 bedrooms & 2 bathrooms, has been renovated to the studs. The units feature modern kitchens with semi-custom cabinetry, quartz countertops & stainless steel appliances, modern bathrooms, in-unit laundry, new efficient HVAC systems & water heaters. The electrical & plumbing systems have been fully updated. Each unit has private outdoor space, high ceilings that enhance the sense of spaciousness, an abundance of natural light, great views & hardwood floors throughout. Located in close proximity to the JFK/UMass Redline T-Station, UMass Boston, South Bay, Dorchester Brewing, beaches, parks, I-93, downtown Boston, as well as a plethora of restaurants & shops, offering unparalleled convenience & accessibility. This is a fantastic investment opportunity, with all units rented through 8/31/24 with a monthly rent roll of $13,350 & a 6% cap rate.

Listing Agent

  1. Eric Johnson

    Eric Johnson

    Listing Agent

    Compass

Property Details for 55 Mt Vernon Street

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

Location

Sold By Compass, Mission Realty Advisors

Add your commute
LISTING UPDATED: 06/22/2023 10:08 AM

Property Details for 55 Mt Vernon Street

StatusSold
MLS #73112202
Days on Market28
Taxes$12,757 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 3 Family - 3 Units Up/Down
Year Built1905
CountySuffolk County

Location

Sold By Compass, Mission Realty Advisors

Add your commute

Virtual Tour

Building Information for 55 Mt Vernon Street

Stories6Residences3Year Built1905Building Size-Lot Size0.05 AC / 2,100 SF

Payment Calculator

$13,806 per month

30 year fixed, 7.25% Interest

Principal and Interest

$12,743

Property Taxes

$1,063

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 55 Mt Vernon Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Marina, Public School, T-Station, University
  • Current Financing: Cash
  • Living Area: 4149.0
  • SqFt with Basement: No
  • Total Units: 3
  • Property Condition: Unit 1 Remodeled, Unit 2 Remodeled, Unit 3 Remodeled
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Location/School
  • Grade School: Clap Innovation
  • High School: Excel High
  • Middle School: Mccormack
Features
Interior Features
  • Appliances: Unit 1(Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer), Unit 2(Range, Unit 3(Range, Electric Water Heater, Plumbed For Ice Maker, Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Basement Features: Full
  • Num of Baths: 6.0
  • Num of Full Baths: 6
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 6.00
  • Bathrooms Total Integer: 6
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood, Tile, Unit 1(undefined), Unit 2(Tile Floor, Hardwood Floors, Wood Flooring, Stone/Ceramic Tile Floor), Unit 3(Hardwood Floors
  • Interior Features: Unit 1(Cathedral/Vaulted Ceilings, Storage, Stone/Granite/Solid Counters, High Speed Internet Hookup, Upgraded Cabinets, Upgraded Countertops, Bathroom with Shower Stall, Open Floor Plan, Slider), Unit 2(Cathedral/Vaulted Ceilings, Unit 3(Cathedral/Vaulted Ceilings, Unit 1 Rooms(Kitchen, Living RM/Dining RM Combo), Unit 2 Rooms(Kitchen, Unit 3 Rooms(Kitchen
  • Laundry Features: Washer Hookup, Unit 1 Laundry Room, Unit 2 Laundry Room, Unit 3 Laundry Room
  • SpaYN: No
  • Window Features: Insulated Windows
Exterior Features
  • Construction: Frame
  • Exterior Features: Unit 1 Balcony/Deck, Unit 2 Balcony/Deck, Unit 3 Balcony/Deck
  • Exterior Features: Porch, Deck, Patio
  • Fencing: Fenced/Enclosed
  • Patio And Porch Features: Porch, Deck, Patio
  • Roof Material: Rubber
  • Waterfront Features: Beach Front, Bay, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
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: Unit 1(Central Air), Unit 2(Central Air), Unit 3(Central Air)
  • Cooling: Yes
  • Electric: 200+ Amp Service
  • Heating: Unit 1(Central Heat), Unit 2(Central Heat), Unit 3(Central Heat)
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Electric Dryer, Washer Hookup, Icemaker Connection
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Quoted rents begin on 9/1/23. Tenants belongings not included. Property was measured for living area sq. footage. Buyer to do own due diligence.
Tax Information
  • Tax ID: W:07 P:02823 S:000,1296086
  • Assessments: $1,177,000
  • Book: 65975
  • Tax Year: 2023
  • Zoning: 3F
Building / Association Information
Living Characteristics
  • Beds Total: 12
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Stone
  • Cooling Units: 3
  • Cooling Zones: 3
  • Heat Units: 3
  • Heat Zones: 3
Income / Expenses
  • Annual Expenses Source: Estimated
  • GOI: $160,200.00
  • NOI: $160,200.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Lease U3: Y
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $13,350.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.5
  • Other Agent Compensation: 2

Property History for 55 Mt Vernon 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 Mt Vernon Street

Taxable ValueLand$258,900Additions$1,153,300Total$1,412,200
Tax Record2024$15,393 ($1,283 / month)
Home Facts
Baths3Total Finished SqFt3,834 SqFtAbove Grade Finished SqFt3,834 SqFtStories3Lot Size2,100 SqFtStyleTriplexYear Built1905Year Renovated2021ZoningR3CountySUFFOLKAPNDORC W:07 P:02823 S:000

Schools near 55 Mt Vernon Street

This home is within Boston School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 10 to 12
Public - PK to 5
Rating
School
Distance
Roger Clap Elementary School
PublicPK to 5

McCormack Middle School
Public6 to 8

Russell Elementary School
PublicPK to 5

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.

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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

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.