Movoto Real Estate
Sold on 02/28/2024

92 Maple, Boston, MA 02121

$1,259,233

Last sold 02/28/2024 for $1.26M

  • 13

    bed

  • 4

    bath

  • 5,559

    Sqft ($227/Sqft)

Multi-family not for sale

About 92 Maple

Property type Multi-family
Neighborhood
Year built 1916
HOA fee $0/month
Lot size 7,719 Sqft
Movoto estimate
Parking 2 garage spaces
Property description
Unveiling 92 Maple Street – A Victorian treasure with unparalleled value! This property sets a new standard for value in the market, standing as the best-priced 3-family in the area. Boasting one of the most competitive prices per square foot, it offers remarkable returns and investment potential. This fully leased turnkey operation is not just a property; it's a strategic investment opportunity. With a cap rate exceeding 7% and an impressive cash-on-cash return, this gem ensures immediate returns and long-term growth. Currently configured as a 3-unit, multi-family residence featuring 12 bedrooms and 3 bathrooms, the property gained approval from Boston's Board of Appeal on 2/26/2019, for a transformative conversion into a five-unit dwelling. Imagine four 2-bedroom/2-bathroom units and one 3-bedroom/2-bathroom unit, offering a range of possibilities. With strategic access to both the Orange and Red Lines, situated between Route 93 and the Massachusetts Turnpike. Buy & Hold or build!
Listed by
Listing Agent - Zachary Conley
Listing Office - NextGen Realty, Inc.
Source: MLS Property Information Network, Inc. mls logo
MLS#73199231 • last updated 2 years ago
Movoto checked MLS Property Information Network, Inc. for data 8 minutes ago
Overview
Cooling/AC Other
Heating Natural Gas
Levels/Style 6
MLS # 73199231
Type Residential Income
Status Closed
SubType 3 Family
SqFt 5559
Lot Size (SqFt) 7719
Lot Size (Acres) 0.18
Annual Property Tax 10390
Year Built 1916
Interior
Total # of Bathrooms 4
# Full Baths 3
# Half Baths 1
Total # of Bedrooms 13
Basement Full
Total # of Rooms 24
Flooring Wood, Vinyl, Other
Appliances Other
Interior Features Other
Exterior
Foundation Stone
Roof Shingle
Construction Frame
# Covered Spaces 2
Parking Desc Off Street, Leased, Tandem, Common, Paved
# Parking Spaces 4
# Garage Spaces 2
Patio/ Porch Porch, Deck - Wood
Lot Desc Corner Lot, Other
Amenities / Utilities
Sewer Public Sewer
Utilities For Gas Range
Electricity Other (See Remarks)
Water Source Public
Location
County Suffolk
Community Features Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House Of Worship, Public School, T-Station, University
Zoning 3-FAM
APN 1434233
Directions GPS
Multifamily Details
Net Operating Income 25014
Operating Expense 101386
Total Actual Rent 10565
Financial Data Source Projected
Expense: Water/ Sewer 6500
Gross Income 126400
Expense: Electricity 750
Lot/ Land Details
Road Frontage Public
$1.25M
Range: $1.13M-$1.38M
Last 30 days 
  • Apr 2024
    mls logo MLS # 73199231
  • Apr 5, 2024 Sold
    $1,260,000 (-8.4%)
  • Feb 3, 2024 Listed
    $1,375,000 (+41.0%)
  • Oct 2019
    mls logo MLS # 72500907
  • Oct 7, 2019 Price Change
    $975,000 (+6.6%)
  • Sep 11, 2019 Price Change
    $915,000 (-2.7%)
  • Aug 14, 2019 Price Change
    $940,000 (-5.5%)
  • May 15, 2019 Listed
    $995,000
  • 92 Maple
    $1.26M
  • Washington Park
    $629K +3% y/y
  • 02121
    $575K -8% y/y
  • Boston
    —
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Statistics calculated by Movoto

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Massachusetts Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the Massachusetts Multiple Listing Service™ system.
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith in interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
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