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236 Geneva Avenue, DorchesterBoston, MA 02121MLS Number 72403106

  • Price: $1,850,000The price has recently decreased
  • Est. Mortgage of $/month
  • 73 Days on Market
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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 4.75% last updated on 2018-12-06

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

  • 19Bedrooms
  • 9Bathroom
  • 9597Square Feet
  • 0.15Acreage

This 9 unit building is comprised of 2 separate but connected buildings on one deed. 236 Geneva Ave has 6 total units with one 1 bedroom, 3 two bedrooms and 2 three bedrooms and generates $10,699 per month. 100 Olney Street has 3 units all with 2 bedrooms and generates $4,414 per month. The total monthly income for all 9 units is $15,113 per month or $181,356 per year. The property is being offered at better then a 6% cap rate (using 30% for expenses of GRI) and is a rare opportunity in todays market to get a building this size that cash flows this well that is in this good of condition. Showings will be done on group basis only as all units occupied.

Listed by Benjamin Virga and Luke Marut of Bridgestone Properties, LLC

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Call: 617-716-0240 or send a message:

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Driving Directions

Marsh Properties

Your Local Office

Marsh Properties
30 Newbury Street, 3rd Floor
Boston MA, 02116

Office: (617) 716-0240

More Info

Parking

  • Garage Spaces
  • Parking Spaces3

Building

  • Year Built1920
  • Bathroom9
  • Full Baths9
  • Bedrms 12
  • Bedrms 22
  • Bedrms 32
  • Bedrms 41
  • Bedrooms19
  • Total Brs19
  • Rms 14
  • Total Fbh9
  • Rms 24
  • Total Flrs8
  • Rms 34
  • Rms 44
  • Total Levels5
  • No Units9
  • No Rooms20
  • Total Rms38
  • Total Rooms20
  • Levels3
  • Levels 11
  • Levels 21
  • Levels 31
  • Levels 41
  • BasementYes
  • FoundationOther (See Remarks)
  • Direction236 geneva Ave & 100 Olney Street
  • Lead PaintCertified Treated

Basic Information

  • StatusACT
  • Property Type5-9 Family
  • Date Listed09/28/2018
  • List Price$1,850,000
  • Price Per Sq Ft$193
  • Status Date2018-11-08T15:22:00
  • MLS Number72403106

Interior

  • Basement FeatureFull
  • F Bths 21
  • F Bths 11
  • F Bths 31
  • Flrs 11
  • Flrs 22
  • Flrs 33
  • F Bths 41
  • Flrs 41

Utilities

  • WaterCity/Town Water
  • SewerCity/Town Sewer

Water Body

  • WaterfrontNo
  • BeachfrontNo

Photos

  • Number of Photos3
  • Photo Date2018-09-28T19:02:00
  • Prop TypeMF

Location

  • Street Num236
  • Building Number236
  • StreetGeneva Avenue
  • TownBoston
  • StateMA
  • Zip02121
  • NeighborhoodDorchester
  • CountySuffolk

Property

  • Acreage0.15
  • Lot Size6361
  • Square Feet9597
  • Lease 1Y
  • Lease 2Y
  • Lease 3Y
  • Lease 4Y
  • Rent41350
  • Lot DescriptionOther (See Remarks)
  • Rent31500
  • Rent21514
  • Rent11400
  • Total Rent15113
  • Assessments1295400
  • Main LoBB8195

Other

  • Year Built DescrpActual
  • Apod AvailableNo
  • Noi88968
  • View Count1

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