116 Wales St Boston MA 02124 MLS #73280071

116 Wales St
Boston, MA, 02124
$1,699,900
15 Beds
1 Baths
5,760 SqFt
0.13 Acres
$1,699,900
116 Wales St
Boston, MA, 02124
Great investment opportunities! Revenue enhancements through possible rent increases, laundry installation, possible parking fees and possible building expansion on the huge lot. 8- 2 Bedroom units in a low maintenance building The building is concrete block construction on a concrete foundation with concrete floors/ceilings – very low maintenance. Electric heat so there are no heating systems to maintain. Again, very low operating costs! See attached rent roll. .Proof of Funds or letter of bank credit needed prior to viewing the property.

Property Details

Price:
$1,699,900
MLS #:
73280071
Status:
Active Under Contract
Beds:
15
Baths:
1
Address:
116 Wales St
Type:
Multi Family
Subtype:
5-9 Family
Neighborhood:
Dorchester
City:
Boston
Listed Date:
Aug 21, 2024
State:
MA
Finished Sq Ft:
5,760
Total Sq Ft:
5,760
ZIP:
02124
Lot Size:
5,610 sqft / 0.13 acres (approx)
Year Built:
1965
Units:
8

Schools

Middle School:
Latin By Exam
High School:
Latin By Exam

Interior

Bathrooms
1 Full Bathroom
Flooring
Vinyl, Carpet, Laminate
Laundry Features
Electric Dryer Hookup, Washer Hookup

Exterior

Community Features
Public Transportation, Shopping, Park, Highway Access, Public School, T- Station
Construction Materials
Stone
Parking Features
Off Street
Parking Spots
10
Roof
Rubber

Financial

Net Operating Income
$77,183
Tax Year
2024
Taxes
$12,321
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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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Courtesy of LAER Realty Partners. The property listing data and information 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 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 its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
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116 Wales St
Boston, MA