107-111 Erie St Boston MA 02121 MLS #73051541

107-111 Erie St
Boston, MA, 02121
$1,925,000
12 Beds
6 Baths
5,222 SqFt
0.08 Acres
$1,925,000
107-111 Erie St
Boston, MA, 02121
PREMIER TROPHY BRICK DORCHESTER 6-UNIT DE-LEADED BUILDING LOCATED IN A PRIME NEIGHBORHOOD WITH GROSS RENTS UPWARDS OF $166,000! Superb well maintained FULLY LEASED building making for a great investment with tremendous upside or a strong 1031 Exchange option. LOW OPERATING EXPENSES & EASY TO MAINTAIN! This energy efficient brick building features great overall systems & many upgrades. 6 Units total! There are (5) lead compliant 2 bed 1 bath units w/great open layouts & 1 leased commercial store space unit with additional storage. SEPERATE UTILITIES! The building sits directly across from a brand new park/playground & features a young rubber roof, in-unit tankless Navien water heaters, hardwood floors, separate utilities, sturdy rear decks, parking, a huge basement, & much more! Four Corners/Geneva Commuter Rail stop is 3 blocks away! Multiple bus lines nearby, short commute Downtown Boston, easy highway access. Franklin Park + William Devine Golf Course. Great brick Boston investment!

Property Details

Price:
$1,925,000
MLS #:
73051541
Status:
Active
Beds:
12
Baths:
6
Address:
107-111 Erie St
Type:
Multi Family
Subtype:
5-9 Family
City:
Boston
Listed Date:
Oct 24, 2022
State:
MA
Finished Sq Ft:
5,222
ZIP:
02121
Lot Size:
3,500 sqft / 0.08 acres (approx)
Year Built:
1920

Schools

Interior

Appliances
Utility Connections for Gas Range
Bathrooms
6 Full Bathrooms
Flooring
Hardwood

Exterior

Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/ Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T- Station, University
Construction Materials
Brick
Exterior Features
Deck – Wood
Parking Features
Off Street
Roof
Rubber

Financial

Buyer Agent Compensation
2%
Net Operating Income
$144,000
Tax Year
2022
Taxes
$6,692
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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