813 Parker Street

Sold

$3,000,000

This one of a kind Mission Hill 3-family home has been fully renovated offering 15 bedrooms, 8.5 baths, spanning four floors of living over 5,000+ sqft. Each luxury rental unit has a desirable floorplan, featuring modern kitchens with semi-custom cabinets, stainless appliances & quartz/granite countertops, spacious living rooms, separate laundry, hardwood floors, tiled kitchens & ample outdoor space. The bathrooms are adorned with glass doors, modern vanities & tiled showers. Numerous upgrades include new energy efficient systems, HVAC systems, tankless hot water, roof, sprinkler system, newer plumbing & electrical systems & replacement windows. All units are leased until August 31, 2024, generating rental income of $17,675/mo. with room to improve rents to $20.5k+ a month next year. This property has a proven track record as a successful investment property, offered at a 7.3% cap rate. Close to Orange & Green T stops, several universities, Longwood Medical Area & Fenway.

Interior

Total Bedrooms	15
Total Bathrooms	9
Full Bathrooms	8
Half Bathrooms	1
Laundry Room	Unit 1 Laundry Room, Unit 3 Laundry Room
Flooring	Wood, Tile, Unit 1(undefined), Unit 2(Tile Floor, Hardwood Floors, Stone/Ceramic Tile Floor), Unit 3(Tile Floor, Hardwood Floors)
Appliances	Unit 2(Range,Dishwasher,Disposal,Microwave,Washer,Dryer), Unit 3(Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer)
Other Interior Features	Unit 1(Storage, Bathroom with Shower Stall), Unit 2(Storage, Stone/Granite/Solid Counters, Upgraded Cabinets, Upgraded Countertops, Bathroom with Shower Stall, Open Floor Plan), Unit 3(Cathedral/Vaulted Ceilings, Storage, Stone/Granite/Solid Counters, Upgraded Cabinets, Upgraded Countertops, Bathroom with Shower Stall, Open Floor Plan), Unit 1 Rooms(Living Room, Dining Room, Kitchen, Mudroom, Office/Den), Unit 2 Rooms(Kitchen, Living RM/Dining RM Combo), Unit 3 Rooms(Living Room, Dining Room, Kitchen)

Exterior

Stories	6
Water Source	Public
Lot Features	Corner Lot
Parking	Off Street
Heat type	Unit 1(Central Heat, Forced Air, Gas), Unit 2(Central Heat, Forced Air, Gas), Unit 3(Central Heat, Forced Air)
Air Conditioning	Unit 1(Central Air), Unit 2(Central Air), Unit 3(Central Air)
Sewer	Public Sewer
Substructure	Concrete Perimeter, Granite
Other Exterior Features	Porch, Deck, Deck - Wood, Deck - Composite, Fenced Yard

Area & Lot

Status	Sold
LIVING SPACE	5,077 Sq.Ft.
LOT SIZE	6,275 Sq.Ft.
MLS® ID	73168465
Type	Multi-Family
Year Built	1893

Financial

SALES PRICE	$3,000,000
REAL ESTATE TAXES	$24,456/yr
Zoning	0105

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813 Parker Street