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$1,595,000   Price Analysis
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16 Atlantic St
Boston, MA 02127
5 bed 3 bath 2,300 SqFt ($693/SqFt)
2,000SqFt lot. Built 1890
Listed 2024-06-09, Taxes $11,520		Ⓧ USDA Ineligible
due to price & location
near Boston

Fully renovated two-family home in the heart of South Boston!

This proprty features brand new siding, central A/C and mini splits, hardwood floors, big bedrooms and modern kitchens and bathrooms with stainless steel appliances. Enjoy a large patio space in the rear, perfect for outdoor entertaining. Unit 1 is a large, renovated 1-bedroom unit currently collecting $3, 300 a month in rent.

Upstairs, you'll find a spacious duplex with 4 bedrooms plus an office, collecting $5, 700 a month in rent. There's also potential to add value by converting the basement to a duplex for Unit 1. Additionally, there is room to increase the rent roll after the current lease cycle ends. Low maintenance and ready for new owners to enjoy. The location is fantasticwithin walking distance to Broadway shops and restaurants and next to Thomas Park. Don't miss this incredibl e opportunity!


Presented by John Federico at
Grove Property Group.


Property MLS #73249561 from MLSPIN

Bedrooms: 5

Total Rooms: 10

Total Bathrooms: 3
Full Bathrooms: 3

Beach Front

Fencing: Fenced/Enclosed

Lot Size Acres: 0.0459137
Lot Size Square Feet: 2000

Association: No
Calculated Total Monthly Association Fees: 0

Gross Income: 108000

Number of Units: 2

Annual Tax Amount: 12740
City Region: South Boston
Source Listing Status: Active
County: Suffolk
Directions: GPS
Tax Year: 2024
Source Property Type: Residential Income
Parcel Number: 1410970
Zoning: RES
Property Subtype: Multi Family
Source System Name: C2C

YearAssessments
Building + Land
Total		Tax
2023$718,700 + $353,900
$1,072,600		$11,520
2022$665,300 + $327,600
$992,900		$10,803
2021$652,200 + $321,200
$973,400		$10,386
2020$660,600 + $285,200
$945,800		$9,988
2019$707,500 + $220,100
$927,600		$9,777
2018$663,000 + $220,100
$883,100		$9,255
2017$582,700 + $220,100
$802,800		$8,502
2016$509,700 + $220,100
$729,800		$8,028
2015$412,700 + $154,800
$567,500		$6,872
2014$328,200 + $154,800
$483,000		$6,076
2006$298,900 + $85,300
$384,200		$4,272
2005$262,800 + $85,300
$348,100		$3,735
2004$246,200 + $85,300
$331,500		$3,365

Listed 2024-06-09
$1,595,000
MLSPIN
Listing removed 2024-05-01
$1,599,999
MLSPIN
Listing removed 2024-04-16
$1,599,999
MLSPIN
Listed 2024-03-01
$1,599,999
MLSPIN
Sold 2023-01-12
$975,000
MLSPIN
Listed 2022-11-09
$1,200,000
MLSPIN

Net Operating Income: 108000

Year Built: 1890
Building Area Total: 2300
Building Area Units: Square Feet
Property Age: 134
Levels or Stories: 3
Year Built Details: Actual
Year Built Source: Public Records

Sewer: Public Sewer
Water Source: Public

Excel High School is a public high school located approximately 0.1 miles away.
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Boston Green Academy Horace Mann Charter School is a public middle and high school located approximately 0.1 miles away.
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St Peter Academy is a private elementary and middle school located approximately 0.3 miles away.
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Perkins Elementary School is a public elementary school located approximately 0.3 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.