VALUE ADD Work finishing up and VALUE ADD for the savvy investor, for this amazing spacious 5 family in A+ location. Brand new 5-unit 4-story condo/apartment building. Havre Street is mostly new apartment and condominium buildings; located next to the tunnel and airport and highly sought as both condominium and rental buildings. The current owner would provide a second $300,000 at 1% 10-year balloon mortgage giving instant equity and market time to gain further. 2024 appraisal is $3,800,000, value in East Boston up 7% in the last year, new owner winning big. Get this cash cow for a short down payment. Great 1030 exchange or portfolio builder. ** Note: property hitting individual unit sales Monday July 7 if some savvy group does not snap up this amazing opportunity. Open house: Thursday 6/19 and Friday 6/20 11-2.
— MLSPIN #: 73380477Map of 197 Havre St, Boston, MA 02128
| Start Time: | End Time: | Comments: |
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| 06-19-2025 11:00 AM | 06-19-2025 02:00 PM | |
| 06-20-2025 11:00 AM | 06-20-2025 02:00 PM |
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| List Price: | $3,800,000 |
|---|---|
| Status: | Back on Market |
| MLS ID: | 73380477 |
| Town: | Boston |
| Neighborhood: | East Boston |
| County: | Suffolk |
| Zip: | 02128 |
| Property Type: | Residential Income |
| Property Sub Type: | 5+ Family - 5+ Units Up/Down |
| Bedrooms: | 9 |
| Full Baths: | 5 |
| Half Baths: | 1 |
| Living Area: | 4,703 sqft |
| Acres: | 0.06 |
| Taxes: | 23,595 |
| Appliances: | Disposal, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Washer, Oven, ENERGY STAR Qualified Refrigerator, Plumbed For Ice Maker |
| Cooling: | Heat Pump |
| Flooring: | Wood, Tile, Concrete, Varies, Hardwood, Stone/Ceramic Tile |
| Heating: | Heat Pump |
| Lot Features: | Zero Lot Line, Level |
| Parking Features: | Off Street, Assigned, Deeded |
| Status: | Active |
| Water Source: | Public |
| Year Built: | 2025 |
| Roof: | Rubber |
| Window Features: | Picture Window, Insulated Windows, Screens |
| Directions: | use GPS |
| Laundry Features: | Electric Dryer Hookup, Washer Hookup |
| Foundation Details: | Concrete Perimeter |
| Postal Code Plus4: | 3026 |
| Electric: | Circuit Breakers, 100 Amp Service, 200+ Amp Service, Individually Metered, Varies per Unit |
| Construction Materials: | Frame, Conventional (2x4-2x6), Cement Board |
| Listing Contract Date: | 2025-05-27 |
| Cooling?: | Yes |
| Garage?: | Yes |
| Heating?: | Yes |
| Lot Size Area: | 0.06 |
| Lot Size Square Feet: | 2,500 |
| Rooms Total: | 20 |
| Bathrooms Total Integer: | 6 |
| Building Area Source: | Owner |
| Building Area Total: | 4,703 |
| Community Features: | Public Transportation, Shopping, Pool, Tennis Court(s), Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University |
| Door Features: | Insulated Doors |
| Exterior Features: | Balcony/Deck, Balcony, Rain Gutters, Professional Landscaping, Sprinkler System, Decorative Lighting |
| Interior Features: | Crown Molding, Stone/Granite/Solid Counters, High Speed Internet, Bathroom with Shower Stall, Open Floorplan, Walk-In Closet(s), Slider, Kitchen, Family Room |
| Levels: | 6 |
| Living Area Units: | Square Feet |
| Lot Size Units: | Acres |
| Number Of Units Total: | 5 |
| Parcel Number: | W:01 P:06233 S:000, 1332308 |
| Patio And Porch Features: | Porch, Deck, Deck - Roof, Deck - Composite |
| Rent Includes: | Unit 1(Water), Unit 2(Water), Unit 3(Hot Water), Unit 4(Water) |
| Road Frontage Type: | Public |
| Sewer: | Public Sewer |
| Utilities: | for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup, Icemaker Connection |
| Waterfront Features: | Harbor, Ocean, Direct Access, Walk to, 1/10 to 3/10 To Beach, Beach Ownership(Public) |
| Zoning: | A |
| Covered Spaces: | 5 |
| Elementary School: | Sam Adams |
| Exclusions: | This Is A Value Add As Is Listing With No Appliances. Its As Is Where Is. Option To Buy Complete |
| Garage Spaces: | 5 |
| High School: | Cent Catholic |
| Middle Or Junior School: | Kennedy |
| Stories Total: | 6 |
| View: | City View(s) |
| Year Built Source: | Owner |
| Disclosures: | The building is field measured and actual sf total may vary. no adjustments up/down on final measure |
| Farm Land Area Units: | Square Feet |
| Financial Data Source: | Not Available |
| Foundation Area: | 2,160 |
| Frontage Length: | 25.00 |
| Gross Income: | $245,988 |
| Home Warranty?: | Yes |
| Listing Agreement: | Facilitation/Exclusive |
| Apod Available: | No |
| Certificate Number: | 000000073020 |
| Color: | Blue |
| Mh:Cooling Zones, Cc:Cooling Zones, Mf:Cooling Zones, Sf:Cooling Zones: | 15 |
| Disclosure: | Yes |
| Dpr Flag: | No |
| Flrs 1: | 2 |
| Flrs 2: | 2 |
| Flrs 3: | 3 |
| Flrs 4: | 3 |
| Heat Zones: | 15 |
| Lead Paint: | None |
| Lease 1: | No |
| Lease 2: | No |
| Lease 3: | No |
| Lease 4: | No |
| Levels 1: | 1 |
| Levels 2: | 1 |
| Levels 3: | 2 |
| Levels 4: | 1 |
| Listing Alert: | No |
| List Price Per Sqft: | $807.99 |
| Page: | 259 |
| Price Per Sqft: | $807.99 |
| Square Feet Disclosures: | Includes exclusive use balconies and roof decks |
| Square Feet Incl Base: | No |
| Uffi: | No |
| Year Round: | Yes |
| Net Operating Income: | $245,988 |
| Original List Price: | $3,195,000 |
| Parking Total: | 5 |
| Tax Assessed Value: | $2,037,600 |
| Tax Year: | 2025 |
| Total Actual Rent: | $20,400 |
| View?: | Yes |
| Year Built Details: | Actual |
| Waterview Flag: | No |
| Bedrms 1: | 1 |
| Bedrms 2: | 2 |
| Bedrms 3: | 2 |
| Bedrms 4: | 2 |
| F Bths 1: | 1 |
| F Bths 2: | 1 |
| F Bths 3: | 1 |
| F Bths 4: | 1 |
| Hot Water: | Electric |
| H Bths 3: | 1 |
| Rent1: | 3,000 |
| Rent2: | 4,200 |
| Rent3: | 4,800 |
| Rent4: | 4,200 |
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein.
MLS Property Information Network, Inc. data last updated on June 18, 2025 03:58 PM
Property Last Updated: June 17, 2025 08:09 AM
Listing Courtesy of: The Greene Realty Group
Listing Agent: Derek Greene
860-560-1006
