Multifamily For Sale

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58 Prince St
Boston, MA 02113

  • 11 beds
  • 8 baths
  • 4,665 sqft
  • 1,500 sqft lot
  • $803 per sqft
  • 1920 build
  • on site

~$100K Price Drop - Motivated sellers~****RARE NORTH END EIGHT UNIT INVESTMENT OPPORTUNITY**** Offering a EIGHT unit TURN KEY NORTH END rental property. Comprised of (3) Two bedroom One bath units, & (5) One bedroom one bath units. Pro- forma rents are $18,500 per month - $222 K per Year. Building is professionally managed and has been well maintained. Fantastic layouts. Ideal for investors who want to purchase an income generating asset in an area with historically scarce inventory. Perfect for a 1031 Tax Exchange or anyone looking to take advantage of low rates and secure a fabulous investment in Boston’s North End. ROCK SOLID INVESTMENT. Excellent Location near North Station, Downtown Boston, the Financial District & all major transportation points. PRE-APPROVAL NEEDED TO SCHEDULE A SHOWING. BUILDING SOLD AS IS.

MLSPIN logo Listing courtesy of MLSPIN / Giancarlo Tiberi / Core Property Group, LLC

Last checked: Checking… • Last updated Nov 15, 2021 •

MLS# 72909161 —

Amenities & Taxes

The Building

Year Built:
1920
Year Built Source:
Public Record
Year Built Description:
Approximate
Yes
Basement:
Basement Feature:
Partial
Foundation:
Other (See Remarks)
Levels:
4
Number of Units:
8
Square Feet:
4665
SqFt Disclosure:
Total Area: 4665 sqft per Public Record. Buyers to do any and all diligence.
Square Feet Source:
Public Record

Interior

Total Levels:
2
Total Rooms:
4
Total Floors:
2
Number of Rooms:
4
Total Rooms:
27
Lead Paint:
Unknown

Financial & Terms

Price Per SqFt:
$803.86
Price Per SqFt:
$803.86
Assessed Value:
$999
Status:
Active

Location

Directions:
Salem Street to Prince Street.
Longitude:
-71.055104
Latitude:
42.364805

The Property

Property Type:
Multi-family
Area:
North End
Lot Description:
Other (See Remarks)
Approximate Acres:
0.03
Approximate Lot Size:
1,500 Sqft
Beachfront Flag:
No
Zoning:
Res

Listing Agent

Contact info:

Taxes

Tax ID:
3365640
Tax Year:
2021
Taxes:
$14,982

Beds

Total Bedrooms:
11

Baths

Total Bathrooms:
11
Full Bathrooms:
8
Full Baths:
8

The Listing

Short Sale Approved:
No
Buyer's Brokerage Compensation:
1.5%

Utilities

Water:
City/Town Water
Sewer:
1800
Sewer:
City/Town Sewer

Extra Units

Unit 1 Rooms:
2
Unit 1 Bedrooms:
1
Unit 1 Full Baths:
1
Unit 2 Rooms:
2
Unit 2 Bedrooms:
1
Unit 2 Full Baths:
1

Schools

Rating Details

John Eliot Elementary School

  • Public
  • K-8
  • 0.1 mi

Harvard Kent Elementary School

  • Public
  • K-5
  • 0.8 mi

Dante Alighieri Montessori School

  • Public
  • K-5
  • 1.0 mi

Warren Prescott K 8 School

  • Public
  • K-8
  • 1.0 mi

Samuel Adams Elementary School

  • Public
  • K-5
  • 1.0 mi

GreatSchools scores are based on a scale from 1 to 10, where 10 is above average.

The school service areas are not definitive and should only be used as guidance. GreatSchools Ratings provided by www.greatschools.org

Flood Factor

Flood likelihood over time

year probability
1y 0%
5y 0%
10y 2%
15y 3%
20y 5%
25y 9%
30y 12%

Because risk accumulates over time, this property has a 12% chance of flooding within the next 30 years.

Provided by Flood Factor®

Flood Insurance

Recommended: MassiveCert estimates that this property is in FEMA Zone X, which means that flood insurance is recommended, but not required.

Get an instant insurance quote

ClimateCheck

80 /100
  • Storm Risk
  • Extreme

32 /100
  • Drought Risk
  • Significant

48 /100
  • Heat Risk
  • High

0 /100
  • Fire Risk
  • Relatively Low

ClimateCheck® ratings reflect hazard risk at a property relative to the rest of the contiguous United States. Ratings are based on projected 2050 risk and the change from historical risk.

A rating of 1 represents the lowest risk; 100 is the highest.

See the full report from ClimateCheck®

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Sale history

Date Event Source Price % Change
11/4/21
Price Changed MLSPIN $3,750,000 -2.6%
10/15/21
Listed / Active MLSPIN $3,850,000

Finding records…

No additional history available

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