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16 Sewall St Boston, MA 02120
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Key Details
Sold Price $2,446,000
Property Type Multi-Family
Sub Type 3 Family - 3 Units Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 3,696 sqft
Price per Sqft $661
MLS Listing ID 72963711
Sold Date 06/16/22
Bedrooms 12
Full Baths 6
Year Built 1890
Annual Tax Amount $19,962
Tax Year 2022
Lot Size 2,178 Sqft
Acres 0.05
Property Sub-Type 3 Family - 3 Units Up/Down
Property Description
Rarely available brick 3-family on the front of Mission Hill provides a great opportunity for investors looking to take advantage of Boston's surging rental market. 16 Sewall St is completely turn-key with each unit offering 4 bedrooms, 2 updated bathrooms. Units feature updated granite kitchens with stainless steel appliances, central HVAC, & hardwood floors throughout. All units have been freshly repainted. Unit 1 is a 4 bedroom 2 bath duplex leased at $4,500/mo, unit 2 is leased at $4,300/mo and unit 3 is leased at $4,250/mo beginning on 9/1/22. Amazing location, close to Longwood Medical Area – the largest employer in the city outside of downtown Boston, easy access to Orange Line (Roxbury Crossing) & Green (E) Line (Brigham Circle), 66 Bus, restaurants, cafes, parks, grocery stores, and Southwest Corridor Park. Nearby to several area universities, Northeastern, Wentworth, MCPHS and Harvard Medical. Very stable asset with zero vacancies over 9 years, being offered at a 5 cap rate.
Location
State MA
County Suffolk
Area Mission Hill
Zoning RH
Direction Tremont St. to Parker St. to Delle Ave. to Sewall St.
Rooms
Basement Partially Finished
Interior
Interior Features Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen)
Heating Unit 1(Central Heat, Forced Air), Unit 2(Central Heat, Forced Air), Unit 3(Central Heat, Forced Air)
Cooling Unit 1(Central Air), Unit 2(Central Air), Unit 3(Window AC)
Flooring Wood, Tile
Appliance Unit 1(Range, Dishwasher, Disposal, Microwave, Refrigerator), Unit 2(Range, Dishwasher, Disposal, Microwave, Refrigerator), Unit 3(Range, Dishwasher, Disposal, Microwave, Refrigerator), Utility Connections for Gas Range
Exterior
Community Features Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
Utilities Available for Gas Range
Roof Type Rubber
Garage No
Building
Lot Description Level
Story 6
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
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Bought with Mission Realty Advisors • Compass