76 Olney Street

Boston, MA 02121

$375,000
Last Sold Price
6
Beds
3
Baths
3,714 Sq. Ft.
$101 / Sq. Ft.
3,714
Sq. Ft.
$101
per Sq. Ft.

Description

Looking for a solid investment? Check out this cash cow with potential for condo conversion! This well laid out, owner-occupied three-family home is currently rented for well under market and is just a short distance from parks, grocery stores, and the new Fields Corner T Station.. Flexible floorplans, outdoor space, parking and tons of upside make this perfect option for the investor or owner-occupant alike. Layouts would work well for condo-conversion, offering flexible floorplans that would function...Looking for a solid investment? Check out this cash cow with potential for condo conversion! This well laid out, owner-occupied three-family home is currently rented for well under market and is just a short distance from parks, grocery stores, and the new Fields Corner T Station.. Flexible floorplans, outdoor space, parking and tons of upside make this perfect option for the investor or owner-occupant alike. Layouts would work well for condo-conversion, offering flexible floorplans that would function well as either two- or three-bedroom floorplans. Unit 1 is owner-occupied and units 2 & 3 are rented at $1000/mo on month-to-month leases. Property could use updating which would in turn increase rents and value drastically.
  1. Listed by Eric Rollo • The Agency

Property Details for 76 Olney Street

Town
Boston
MLS Area
Dorchester's Mount Bowdoin
Area
MA-Boston-Dorchester's Mount Bowdoin, MA-Boston
Garage Spaces
0
Parking Spaces
.00

Location

Listing Courtesy of The Agency, Eric Rollo

Sold By William Raveis R.E. & Home Services, Martin Carey

Add your commute
LISTING UPDATED: 08/06/2022 06:15 AM

Property Details for 76 Olney Street

StatusSold
MLS #71877939
Days on Market25
Taxes$4,014 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 3 Family - 3 Units Up/Down
Year Built1905
CountySuffolk County

Location

Listing Courtesy of The Agency, Eric Rollo

Sold By William Raveis R.E. & Home Services, Martin Carey

Add your commute

Building Information for 76 Olney Street

Stories6Residences3Year Built1905Building Size-Lot Size0.09 AC / 3,982 SF

Payment Calculator

$2,381 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,047

Property Taxes

$335

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 76 Olney Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station
  • Current Financing: Cash
  • Living Area: 3714.0
  • Color: Brown
  • Total Units: 3
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Gas Water Heater
  • Basement Features: Full, Concrete Floor
  • 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
  • Interior Features: Unit 1 Rooms(Living Room, Dining Room), Unit 2 Rooms(Living Room, Dining Room, Office/Den), Unit 3 Rooms(Living Room
Exterior Features
  • Exterior Features: Porch
  • Fencing: Fenced/Enclosed
  • Patio And Porch Features: Porch
Parking Features
  • Covered Spaces: .00
  • Garage: No
Utilities
  • Electric: Circuit Breakers, 100 Amp Service, Individually Metered
  • Heating: Unit 1(Gas), Unit 2(Gas), Unit 3(Gas)
  • Heating: Yes
  • 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: Property needs work and is being sold as-is. Likely will not qualify for FHA financing and may require high downpayment or cash. Owner has previously parked up to 3 cars on side of building. Tenants are all TAW & under market value. Unit 1 currently owner-occupied and to be vacant.
Tax Information
  • Tax ID: W:15 P:02231 S:000,1296929
  • Assessments: $331,500
  • Book: 0
  • Tax Year: 2015
  • Zoning: RES
Building / Association Information
Living Characteristics
  • Beds Total: 6
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Stone
Income / Expenses
  • Annual Expenses Source: Limited Information
  • GOI: $24,000.00
  • NOI: $24,000.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $2,000.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.5
  • Other Agent Compensation: 1

Property History for 76 Olney 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 76 Olney Street

Taxable ValueLand$259,200Additions$581,500Total$840,700
Tax Record2023$9,029 ($752 / month)
Home Facts
Baths3Total Finished SqFt3,714 SqFtAbove Grade Finished SqFt3,714 SqFtStories3Lot Size3,982 SqFtStyleTriplexYear Built1905Year Renovated1984ZoningR3CountySUFFOLKAPNDORC W:15 P:02231 S:000

Schools near 76 Olney Street

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

Lilla G. Frederick Middle School
Public6 to 8

Jeremiah E Burke High School
Public9 to 12

King K-8
PublicPK to 8

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 The Agency, Eric Rollo

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.