Nestled in a quaint, private way just off of Margaret St in Boston's historic North End, this fully leased 3-unit, multifamily is a solid investment for immediate rental income or a tremendous potential value-add opportunity for investors to maximize rent and square footage after renovation. Current monthly rent roll is $6400. Rents are under market value. Unit 1 has one bedroom/one full bathroom; units 2 and 3 have two bedrooms and a full bathroom. Located just steps away from the area's famous collection of pastry shops, bars, and countless fine restaurants, 15 Cleveland Place is a meticulously maintained property in one of the city’s most charming, highly coveted neighborhoods! Boasting a rare 99/100 walk score, this property is just a short walk to the Financial District, Waterfront, North Station, MGH, and much, much more! Easy access to highways and public transportation!
Multi-familyProperty Type
1890Year Built
771 sq ftLot Size
$699Est. Price/Sq.Ft.
Listed by Olivia Scimeca• Greenway Realty Group, LLC
Bought with Scimeca/ Ventresca• Greenway Realty Group, LLC
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
4
Baths
3.5
Stories
3
Lot width
—
Lot depth
—
Lot size
871 Sq. Ft.
Year renovated
2005
Sq. Ft.
2,748
Year built
1890
Style
Multi-Family (2-4 Unit)
County
Suffolk County
APN
3365332
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 20, 2023.
NORTH END NEIGHBORHOOD-MFR
RESTRICTED PARKING DISTRICT
RESTRICTED ROOF STRUCTURE DISTRICT
North End Neighborhood-Multifamily Residential Subdistrict
The Multifamily Residential Subdistricts are established to encourage medium-density multifamily areas with a variety of allowed housing types, including one-, two- and three-family Dwellings, Row Houses, Town Houses, and Multifamily Dwellings.
Zone overlays
Restricted Parking Districts
Restricted Roof Structure Overlay District In the East Boston Neighborhood District
Permitted uses
Include but are not limited to:
Community / recreation center
Religious facility
Day care facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Bed & breakfast
Fire house
Police station
Property details
Interior
Bathroom Information
# of Bathrooms (Full): 3
# of Bathrooms (Half): 1
Interior Features
# of Rooms (Total): 11
Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: Y
Unit #2 Information
# of Floors: 2
Lease: N
Unit #3 Information
# of Levels: 9
# of Floors: 3
Exterior
Building Information
Building Area (Total): 2,748
Foundation Details: Block
Stories (Total): 10
Year Built Source: Public Records
Year Built Details: Actual
Lead Paint: None
Property Information
PropertySubType: 3 Family
Lot Information
Lot Size (Acres): 0.01
Lot Features: Level
Financial
Tax Information
Tax Annual Amount: $13,172.42
Tax Year: 2022
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Location
Location Information
Directions: Prince to Margaret Street left onto Cleveland Place
UnparsedAddress: 15 Cleveland Place, Boston MA 02113
Community Information
Senior CommunityYN: No
Public facts
Beds: 4
Baths: 3.5
Sq. Ft.: 2,748
Stories: 3.0
Lot Size: 871 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1890
Year Renovated: 2005
County: Suffolk County
APN: 3365332
Home facts updated by county records on Jul 20, 2023
Other
Listing Information
StandardStatus: Closed
Around this home
Schools
Eliot K-8 Innovation School
Public PreK-8 • Assigned • 0.1mi
9/10
Charlestown High School
Public 7-12 • Assigned • 1.0mi
3/10
Horace Mann School For The Deaf
Public PreK-12 • Assigned • 1.1mi
Quincy Upper School
Public 6-12 • Assigned • 1.3mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 95° expected this year, 15 days in 30 years
6/10 Wind Factor
66% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Boston, MA • 02113
Average low and high temperatures (°F)
34
23
36
24
50
35
58
43
68
54
79
65
83
69
78
64
73
61
63
51
53
41
40
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.2 hours in
June and 4.4 hours in December, placing it below the
U.S. average for solar exposure.
9.2 hrs
4.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.83M – $2.21M
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