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Key Details
Sold Price $1,200,000
Property Type Multi-Family
Sub Type 3 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,618 sqft
Price per Sqft $331
MLS Listing ID 73244463
Sold Date 08/20/24
Bedrooms 9
Full Baths 4
Year Built 1900
Annual Tax Amount $10,305
Tax Year 2024
Lot Size 3,484 Sqft
Acres 0.08
Property Description
11 Mora Street is a stable, cash-flowing (7.6% Cap Rate) three unit property located within walking distance to Ashmont Station (MBTA Red Line). The asset generates an impressive $8,848 per month which is still a great deal below market level. This is a great investment as the neighborhood continues to see strong yearly appreciation in both rent levels and property values. Units 1 and 2 feature spacious 3-bedroom/1-bath layouts while unit 3 has a second full bathroom. Driveway parking for 2 cars.
Location
State MA
County Suffolk
Area Dorchester
Zoning R3
Direction GPS
Rooms
Basement Full, Unfinished
Interior
Flooring Tile, Hardwood
Basement Type Full,Unfinished
Exterior
Community Features Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship, T-Station
Utilities Available for Gas Range
Roof Type Rubber
Total Parking Spaces 2
Garage No
Building
Lot Description Other
Story 6
Foundation Concrete Perimeter, Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
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Bought with Manny Pires • Vicente Realty, LLC