6 Cleveland Pl consists of a five-story

Brick building with seventeen units comprised of four 3-Bedroom/1-Bathroom units, seven 2-Bedroom/1-Bathroom units and six 1-Bedroom/1-Bathroom units. 6 Cleveland Place is fully occupied and has an on site coin-operated laundry facility. The Property is separately metered for electricity, electric heat and hot water which the tenants pay directly.

The Landlord is responsible for common area electric and domestic water and sewer. Centrally located in the heart of the North End and 0.4 miles to Bostons North Station, the subject property is ideal for a potntial buyer looking for income growth and strong investment returns. In-place rents are below market rates and offer upside by achieving market rents upon lease renewal and through programmatic upgrades to the unrenovated units.

Request Information
on 6 Cleveland Pl
in Boston, MA
Presented by Dennis Kelleher at
Horvath & Tremblay.


Property MLS #73252637 from MLSPIN

+ Reveal additional info including schools and tax history

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+ Bedrooms

Bedrooms: 32

+ Other Rooms

Total Rooms: 66
Basement Description: Partially Finished

+ Bathrooms

Total Bathrooms: 17
Full Bathrooms: 17

+ Appliances

Washer
Dryer

+ Land Info

Lot Size Acres: 0.05
Lot Size Square Feet: 2178

+ Exterior and Lot Features

Road Frontage Type: Public

+ Garage and Parking

Open Parking: Yes
Parking Features: On Street

+ Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

+ Rental Info

Gross Income: 664543
Rent Includes: Unit 1(Water), Unit 2(Water)

+ Multi-Unit Info

Number of Units: 17

+ Amenities and Community Features

Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University

+ Other Property Info

Annual Tax Amount: 59979
City Region: North End
Source Listing Status: Active
County: Suffolk
Directions: Please Use GPS
Tax Year: 2024
Source Property Type: Residential Income
Parcel Number: 4890667
Zoning: ResA
Property Subtype: 5+ Family - 5+ Units Up/Down
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2023	$4,066,300 + $1,547,700 $5,614,000	$60,294
2022	$3,979,900 + $1,547,700 $5,527,600	$60,140
2021	$3,992,700 + $1,508,300 $5,501,000	$58,696
2020	$3,813,600 + $1,508,300 $5,321,900	$56,199
2019	$3,734,200 + $1,508,300 $5,242,500	$55,256
2018	$3,574,800 + $1,449,200 $5,024,000	$52,652
2017	$3,474,700 + $1,378,800 $4,853,500	$51,399
2016	$3,298,500 + $1,277,500 $4,576,000	$50,336
2015	$3,183,500 + $915,500 $4,099,000	$49,639
2014	$2,695,100 + $779,900 $3,475,000	$43,716

+ Reveal Property Sale History

Listed 2024-06-14
$9,400,000
MLSPIN

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Listing removed 2021-05-04
$0
AppfolioUnits

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Listed for rent 2021-03-29
$2,650
AppfolioUnits

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Listing removed 2019-11-03
$0
AppfolioUnits

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Listed for rent 2019-09-18
$2,675
AppfolioUnits

+ Commercial Info

Net Operating Income: 519136
Operating Expense: 145407

+ Utilities

Electric: Individually Metered
Sewer: Public Sewer
Water Source: Public

+ Building and Construction

Year Built: 1910
Building Area Total: 11400
Building Area Units: Square Feet
Foundation Details: Stone, Brick/Mortar
Property Age: 114
Roof: Rubber
Levels or Stories: 5
Year Built Details: Actual
Year Built Source: Public Records

+ Display Complete School Details

Eliot Elementary School is a public elementary and middle school located approximately 0.1 miles away.
Map directions

St John School is a private elementary and middle school located approximately 0.2 miles away.
Map directions

Charlestown High School is a public high school located approximately 1 miles away.
Map directions