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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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35-43 Rutland St , Boston, MA 02118
$7,200,000
Est. Payment: $16,000.00/mo
12 Bed
6 Bath
10100 Sqft
Status: Under Agreement | Days on site: 58
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House Description

Amazing development potential. Former Rutland Street Schoolhouse with existing 10,110 square feet is now available to purchase and improve. Lot size is 7,850 sq ft and a R-2 zoning. Ceiling heists approx 10-11 feet. An Opportunity like this doesn't come along often in the South End. Attached [via pin clip] are the sellers architects' various formulations for building out the building from what they say is a current 10,110 square foot existing building. They have a 11,150 sq ft version, a 14,380 sq ft [only 6 units] version then lastly a 15,290 version [8 units]. City of Boston would have to approve any further added square footage and legal residency from its existing 4 family status. The attached plans are only representations of potential usages. Legal confirmation is needed in the future. It is an existing 4 family consisting of approximately 10,000 square feet.

Highlights

Listed by Ted Pietras , 617-549-2078 Gibson Sotheby's International Realty , 617-426-6900.

Property Type

Multi-Family

Lot/Acreage
0.18

Year Built

1899

County

Suffolk

Area

South End

Listing ID

73442950

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:12
  • Bathrooms:6
  • Full Bathrooms:6
Water:Public

Exterior Features

Garage Capacity:4
Zoning:R4
Roof:Slate
Sewer:Public Sewer
Parking Features:Paved Drive,Off Street,Parking Spaces: 4
Principal Interest
$16,000
Taxes
$2,419

Home Price

$7,200,000

Loan Details

30 yrs
%

Down Payment

20%
$1,440,000
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Monthly Price:
$16,000.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $16,000.00 $2,419.00 $0.00 $18,419.00
Yearly $192,000.00 $29,028.00 $0.00 $221,028.00
Total $5,760,000.00 $870,840.00 $0.00 $6,630,840.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Boston, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.