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174, 178, 180 Maverick/102 Orleans, E Boston 174, 178, 180 Maverick Street & 102 Orleans Street

12 Unit Apartment Building $5,990,000 ($499,167/Unit) 3.31% Cap Rate Boston, MA 02128

Investment Highlights

  • Corner lot property.

Executive Summary

12 units. Mixed residential/commercial. 100% occupancy. Sale includes four separately taxed parcels - 174 Maverick Street (3 units - residential), 178 Maverick Street (3 units - residential), 180 Maverick Street (3 units - mixed residential/commercial) and 102 Orleans Street (3 units - residential).

Data Room Click Here to Access

Financial Summary (Pro forma - 2021) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro forma - 2021) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $5,990,000
Price Per Unit $499,167
Sale Type Investment
Cap Rate 3.31%
Sale Conditions Bulk/Portfolio Sale
Gross Rent Multiplier 21.8
No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class B
Lot Size 0.09 AC
Building Size 7,498 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 1910/2001

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Microwave
  • Heating
  • Tile Floors
  • Eat-in Kitchen
  • Kitchen
  • Granite Countertops
  • Hardwood Floors
  • High Speed Internet Access
  • Refrigerator
  • Oven
  • Range
  • Deck
  • Double Pane Windows

Site Amenities

  • Laundry Facilities
  • Storage Space
  • Public Transportation
Walk Score ®
Walker's Paradise (94)
Transit Score ®
Excellent Transit (77)
Bike Score ®
Very Bikeable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
EBOS-000000-000001-003913
Land Assessment
$78,600 (2024)
Improvements Assessment
$283,400 (2024)
Total Assessment
$362,000 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2021 Payable 2021

zoning

Zoning Code Residential/Commercial (174, 178 Maverick & 102 Orleans (0105 - residential - 3 family); 180 Maverick (0013 - residential/commercial))
Residential/Commercial (174, 178 Maverick & 102 Orleans (0105 - residential - 3 family); 180 Maverick (0013 - residential/commercial))
  • Listing ID: 26147149

  • Date on Market: 7/12/2022

  • Last Updated:

  • Address: 174, 178, 180 Maverick Street & 102 Orleans Street, Boston, MA 02128

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