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$529,900

Multi-family - 3 Units

1,897 sqft

7 Corbet Street #
Boston, 02124 - Mattapan


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.

MLS ID:72302050
Annual Tax:$3,915
Assessments:$373,600
Year Built:1900
Days on market:200
Basement:Full

Unit information

Unit 1
Unit Floor:1 Living Levels:1 Rooms:3 Bedrooms:1 Bathrooms:1 full / 0 half Rent:1350 Lease:Y
Unit 2
Unit Floor:2 Living Levels:1 Rooms:3 Bedrooms:1 Bathrooms:1 full / 0 half Rent:1300 Lease:Y
Unit 3
Unit Floor:3 Living Levels:1 Rooms:3 Bedrooms:1 Bathrooms:1 full / 0 half Rent:1350 Lease:Y

Similar Properties

# id type br/bth status price sq ft
1 72378255 Multi-family 2 Units Active $474,900 2,208

Location of Similar Properties



Aggasiz-Harvard | Back Bay | Bay Village | Beacon Hill | Brighton-Allston | Brookline | Cambridge Highlands | Cambridgeport | Charlestown | Chinatown | Downtown | East Boston | East Cambridge | Fenway-Kenmore | Hyde Park | Jamaica Plain | Kendall Square | Leather District | Mattapan | Mid-Cambridge | Mid-Town | MIT | Navy Yard | North Cambridge | North Dorchester | North End | Porter Square | Riverside | Roslindale | Roxbury | Seaport | South Boston | South Dorchester | South End | Theatre District | Waterfront | Wellington-Harrington | West Cambridge | West End | West Roxbury |