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38-38a Browning Ave
Boston, MA 02124

$1,099,999

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Listing Details

  • $1,099,999
  • MLS# 73571506
  • Type Multi Unit - Multiple
  • Status Active
  • 9
    Bedrooms
  • 3 full
    Bathrooms
  • 3,505
    Square Feet
  • 0.088 acres
    Lot Size
  • 1940
    Year Built

Listed By

Agency Name: Thumbprint Realty, LLC
Agent Name: Stevon Baron
Agency Phone: 617-287-9000

Shown By

Agency Title: Donahue Real Estate Co.
Agency Phone: 781-251-0080

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Home Value Estimate


Description

Major Dorchester asset coming to market. A three-family: 3,505 SF above grade across three 3BR/1BA units, plus an 888.6 SF finished lower level with a full bath. NEW HEATING SYSTEMS. Tenants pay gas, heat, and electric; owner pays water and sewer only. All three tenancies are TENANT AT WILL ?? NO LEASES IN PLACE.Unit 1 at $2,700. Unit 2 owner-occupied and available at closing ($3,000??$3,200 potential). Unit 3 at $3,000 (potential $3,200). Collected today: $5,700/mo. Market-rate potential: $9,600/mo ?? $115,200/yr, roughly $46,800 of annual upside. ~7% cap at market rents; ~7.6% at historical rents of $3,400/unit.ADU POTENTIAL: Boston's expanded...read more

Features

  • 3.0 Stories
  • $7,228 Taxes
  • Public
  • Built in 1940

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