Address
1-400-778 Franklinstuartboylston, Boston, MA
Price
$ 5,500,000
Property Attributes
  • MLS#73170807
  • TypePending
  • CountySUFFOLK
  • CityBoston
  • AreaMidtown
  • Zip02110
  • Style4 Family
  • Taxes$ 49035
  • Price$ 5,500,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms1
  • Sqr Footage3262
  • Lot Size3,049 SqFt
Data Source:
MLSPIN Pending - For Use With DASHCMA Only
Property Description

Unique investment opportunity which for some, truly should not be passed up.This is the sale of a Jersey (Channel Islands) Company + U.S. subsidiary with legal, banking, accounting, and management already in place, of course with the four properties it owns in three of Boston's premier luxury residential buildings: Millennium Tower-Midtown, The Clarendon-Back Bay, and The Mandarin Oriental-Back Bay.The benefits for international buyers are noteworthy, which include: no estate tax (up to 40% for non-U.S. citizens), no capital gains tax, no FIRPTA withholding (typically 15% total sales price not returned until after the calendar year’s taxes are filed), international anonymity, and for some this will be the most important...ability to place any currently owned properties in the U.S. into the company in order to retroactively use the company benefits.

Price History
11/14/2023 Listed $5,500,000

General Features

Sewer Public Sewer
Zoning RES
Garage Spaces 1
Year Built 1197
Property SubType 4 Family
Tax Year 2024
Gross Income 243600
County Suffolk
Net Operating Income 243600
Property Type Residential Income
Contingency Pending P&S
Garage Y/N Yes
Total Rooms 13
Status Under Agreement
Directions 4 property portfolio with 2 @ 1 Franklin St,1 @ 400 Stuart St,1 @ 778 Boylston
City Boston
Buyer Agent Compensation 2
Senior Community Y/N No
Total Units 4
MLS Area Midtown
Lot Size Square Feet 3262
Waterfront Y/N No
Street Name Franklinstuartboylston
Year Built Details Approximate
Tax Annual Amount 49035.03
Home Warranty Y/N No
Building Area Units Square Feet
Standard Status Pending
Year Built Source Public Records
Tax Assessed Value 4524400
Total Actual Rent 20300
Compensation Based On Net Sale Price
Sub-Agency Relationship Offered No

Interior Features

Total Stories 4
Fireplace Y/N No
Full Baths 4
Half Baths 1
Total Bedrooms 4
Total Baths 5

Exterior Features

Lot Features Other
Water Source Public
Lot Size Area 0.07
Foundation Details Other
Spa No
Building Area Total 3262
Lot Size Acres 0.07
Lot Size Units Acres
Covered Spaces 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 02110

Price
AVG $3.18M
$5.5M
Taxes
AVG $4,234
$49,035
Visits
AVG 3
1
Data Provided by Inside Real Estate®
Walkscore
AVG 98
95
Data Provided by Walkscore® not using MLS data

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