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813 Parker Street

$3,000,000
813 Parker Street, Boston, MA 02120
813 Parker Street

813 Parker Street

$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.

Features & Amenities

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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