9-16 Woodward Street

Boston, MA 02127

$4,400,000
Last Sold Price
13
Beds
15
Baths
10,509 Sq. Ft.
$419 / Sq. Ft.
10,509
Sq. Ft.
$419
per Sq. Ft.

Description

Fantastic Multi Family investment opportunity in the booming Andrew Square neighborhood of South Boston. This package consists 15 total units between 2 Multi Family buildings. A 9 unit building and 2 attached 3 families. (13) one bedrooms and (2) studios. Many recent updates in the units and they are in good condition but still a lot of possibilities to improve them, add on, or develop a couple unfinished basements. 13 of the 15 units are leased through 8/31/19. Rents currently a little below market...Fantastic Multi Family investment opportunity in the booming Andrew Square neighborhood of South Boston. This package consists 15 total units between 2 Multi Family buildings. A 9 unit building and 2 attached 3 families. (13) one bedrooms and (2) studios. Many recent updates in the units and they are in good condition but still a lot of possibilities to improve them, add on, or develop a couple unfinished basements. 13 of the 15 units are leased through 8/31/19. Rents currently a little below market rate. Unbelievable location 200 yards to Andrew Red Line T, .25 miles to 93 N/S and easy access to Mass Pike. Nearby Developments at South Bay (Stop and Shop, Target, Home Depot, Best Buy, Cinema, etc) which include South Bay Tower, Washington Village, and countless other projects between the Broadway- Andrew Stops make this a prime investment opportunity and a great time to get in.

Listing Agent

  1. Nick Rivers

    Nick Rivers

    Listing Agent

    Compass

Property Details for 9-16 Woodward Street

Town
Boston
MLS Area
South Boston's Andrew Square
Area
MA-Boston-South Boston's Andrew Square, MA-Boston
Garage Spaces
0
Parking Spaces
2.00
Parking Spaces Total
2

Location

Sold By Engel & Volkers Boston, Nathan Rock

Add your commute
LISTING UPDATED: 08/06/2022 07:03 AM

Property Details for 9-16 Woodward Street

StatusSold
MLS #72415322
Days on Market72
Taxes$16,916 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5+ Family - 5+ Units Up/Down
Year Built1890
CountySuffolk County

Location

Sold By Engel & Volkers Boston, Nathan Rock

Add your commute

Building Information for 9-16 Woodward Street

Stories3Residences15Year Built1890Building Size-Lot Size0.17 AC / 7,344 SF

Payment Calculator

$25,422 per month

30 year fixed, 7.25% Interest

Principal and Interest

$24,013

Property Taxes

$1,410

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 9-16 Woodward 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, Marina, Private School, Public School, T-Station, University
  • Current Financing: Conv. Fixed
  • Living Area: 10509.0
  • Total Units: 15
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Utility Connections for Electric Dryer
  • Num of Baths: 15.0
  • Num of Full Baths: 15
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 15.00
  • Bathrooms Total Integer: 15
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Bamboo, Hardwood
  • Laundry Features: Washer Hookup
Exterior Features
  • Exterior Features: Deck - Wood
  • Lot Description: Other
  • Patio And Porch Features: Deck - Wood
  • Roof Material: Rubber
  • Waterfront Features: Beach Front, 1 to 2 Mile To Beach
Parking Features
  • Covered Spaces: .00
  • Garage: No
Utilities
  • Sewer: City/Town Sewer
  • Utility Connections: for Electric Dryer, Washer Hookup
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Disclosures: 9-11-13 Woodward are the 9 unit and are on 1 deed. 14 & 16 Woodward are the 3 families. Buildings to be sold together. Sale contingent on Sellers ability to perform 1031 exchange,properties have been identified. Agent related to seller. Buyer to verify information and do due diligence.
Tax Information
  • Assessments: $3,199,400
  • Book: 9999
  • Tax Year: 2018
  • Zoning: Res
Building / Association Information
Living Characteristics
  • Beds Total: 13
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Stone, Other
Income / Expenses
  • Annual Expenses Source: Owner
  • GOI: $281,700.00
  • GRE: $38,665
  • NOI: $243,025.00
  • Operating Expense: $38,665.00
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
Rental Info
Rental Info
  • Total Actual Rent: $23,475.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 0

Property History for 9-16 Woodward Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 9-16 Woodward Street

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

James F. Condon School
PublicPK to 8

Roger Clap 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.