Braintree 781-826-9300 | Plymouth 508-830-0300 | Pembroke | 781-826-9300 | Boston 617-921-3636
TradeWinds Realty Group
381 Washington Street
Braintree, MA 02184

Direct: 781-826-9300 
Phone: 781-826-9300 
Cell: 781-910-7294 
Fax: 781-987-9300 

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7 Corbet Street, Boston, MA 02124

Dorchester

Multi-Family

$529,900
Price

3
Units
1,897
Approx. GLA
3 FAMILY IN EXCELLENT CONDITION. ALL 3 UNITS ARE ONE BEDROOMS AND UNITS 1 & 3 ARE RENTED FOR $1,350 PER MONTH TO THE SAME NON PROFIT WHILE UNIT 2 IS A SUBSIDIZED TENANT WITH A $0.00 PORTION RENTED FOR $1,300 PER MONTH. LANDLORD RECEIVES 2 CHECKS EVERY MONTH FOR ENITRE RENT ($4,000) FOR ALL 3 UNITS. THIS PROPERTY HAS AT LEAST 60% LESS MAINTENANCE RELATED EXPENSES THEN A NORMAL 3 FAMILY DUE TO THE TYPE OF TENANCIES IN PLACE. THESE LOW OPERATING EXPENSES WHEN COUPLED WITH THE 100% GUARANTEE OF RECEIVING ALL OF THE RENT EVERY MONTH MAKES THIS AN INCREDIBLE INVESTMENT OPPORTUNITY. THIS INVESTMENT PROPERTY IS A RARE ONE, IT ACTUALLY PROVIDES THE RETURN CALCULATED BECAUSE EXPENSES ARE SO LOW AND VACANCY/CREDIT LOSS DO NOT EXISIT. NO SHOWINGS UNTIL THE OPEN HOUSES ON APRIL 7TH & 8TH.
Open House
No scheduled Open Houses
Highlights
Area/Village: Dorchester
Basement Features: Full
List Price: $529,900
Type: Multi-Family
Multi-Family Type: 3 Family
Status: Active
Beds: 3
Baths: 3
Units: 3
Year Built: 1900
Approx. GLA: 1,897
MLS#: 72302050
Interior
Basement: Yes
Rooms: 9
Lead Paint: Unknown
Total Floors: 3
Exterior
Water: No
Acres: 0.03
Lot Size: 1,400.00
Lot Description: Other (See Remarks)
Foundation: Other (See Remarks)
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: No
Assessed Price: $373,600
Taxes: $3,915
Tax Year: 2018
Book/Page: 47551/100
Beach
Beach: No
Expenses
Gross Income: $48,600
Total Rent: $4,000
Net Income: $48,600
Additional
Disclosure Declaration: No
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 3 1 0 1 1 0 Yes 1 $1,350
Unit 2 3 1 0 2 1 0 Yes 1 $1,300
Unit 3 3 1 0 3 1 0 Yes 1 $1,350
Map
Similar Properties
The listing office is Bridgestone Properties, LLC and the listing agent is Benjamin Virga. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. 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. and it's 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. The data was last modified on 10/23/2018 10:35:00 PM.
 
Office
Office
TradeWinds Realty Group



TradeWinds Realty Group   TradeWinds Realty Group
381 Washington Street • Braintree, MA 02184 Map it
Direct: 781-826-9300 • Phone: 781-826-9300 
Cell: 781-910-7294 • Fax: 781-987-9300
BrokerAssistant@TradeWindsRealtyGroup.com

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