Location Location! Great investment opportunity on the corner of Hanover Street! Building consists of 8 residential (1) bedroom (1) bathroom units and (2) street level commercial suites. All units are renovated including hardwood flooring, stainless appliances, newer cabinets, granite counters, gas ranges and more. Annual Income producing 255K per year & building has been well maintained throughout the years & requires little to no work! Heart of the North End on the famous Hanover Street surrounded by restaurants, parks, bakery's and more! Upper floor units have AMAZING views of the City. PREAPPROVAL/PROOF OF FUNDS REQUIRED FOR ALL SHOWINGS.
Multi-familyProperty Type
1900Year Built
1,500 sq ftLot Size
$864Price/Sq.Ft.
Listed by Marissa Pelissier• Camdan Realty LLC
Bought with Antonia Monarski• Coldwell Banker Realty - Boston
400 Hanover Street is being marketed as part of a portfolio offering including 4 Fountain Place & 12 Foster Street for a cumulative 30-unit, 3 building portfolio. The property includes ten (10) units consisting of eight one-bedroom units and two 450 SF retail suites. Unit renovations including stainless steel and granite kitchens have been completed on four of the eight residential units offering value add potential. The property benefits from individually metered systems and the opportunity to add a roof-deck. 400 Hanover Street is 100% occupied and located in the thriving North End urban community, which blends mom-and-pop Italian enclaves with a lively bar scene, trendy restaurants, and open parks. The properties are proximate to downtown Boston, the North Station Redevelopment and the Seaport as well as ample public transportation and major roadways. 400 Hanover Street is being offered as a part of The North End Collection portfolio or as an individual property.
Year
Property tax
Land + Additions
Assessment*
2023
$335,200 + $815,500
$1,150,700
2022
$335,200 + $797,900
$1,133,100
2021
$316,800 + $811,500
$1,128,300
2020
$316,800 + $794,800
$1,111,600
Tax history for 400 Hanover St
Year
Property tax
Land + Additions
Assessment*
2023
$335,200 + $815,500
$1,150,700
2022
$335,200 + $797,900
$1,133,100
2021
$316,800 + $811,500
$1,128,300
2020
$316,800 + $794,800
$1,111,600
*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
—
Baths
—
Stories
5
Lot width
—
Lot depth
—
Lot size
436 Sq. Ft.
Year renovated
2010
Sq. Ft.
2,835
Year built
1900
Style
Other
County
Suffolk County
APN
3362713
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 20, 2023.
NORTH END NEIGHBORHOOD-MFR/LS
RESTRICTED ROOF STRUCTURE DISTRICT
RESTRICTED PARKING DISTRICT
North End Neighborhood-Multifamily Residential/Local Services Subdistrict
The Multifamily Residential/Local Services 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, Multifamily Dwellings and ground floor commercial uses.
Zone overlays
Restricted Roof Structure Overlay District In the East Boston Neighborhood District
Restricted Parking Districts
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
Parking
Parking Information
Has Open Parking
Parking Features: On Street
Interior
Bathroom Information
# of Bathrooms (Full): 8
# of Bathrooms (Half): 2
Basement Information
Basement: Full, Unfinished
Interior Features
# of Rooms (Total): 20
Flooring: Wood, Tile
Exterior
Building Information
Building Area (Total): 5,500
Construction Materials: Brick
Stories (Total): 5
Year Built Source: Public Records
Year Built Details: Actual
Exterior Features
Roof: Rubber
Property Information
PropertySubType: 5-9 Family
Lot Information
Lot Size (Acres): 0.03
Lot Features: Corner Lot
Financial
Tax Information
Tax Annual Amount: $27,000
Tax Year: 2022
Utilities
Utility Information
Utilities: for Gas Range
Sewer: Public Sewer
Water Source: Public
Heating & Cooling
Has Heating
Heating: Electric
Location
Unit #1 Information
# of Levels: 1
# of Floors: 2
Lease: Y
Unit #2 Information
# of Levels: 1
# of Floors: 2
Lease: Y
Unit #3 Information
# of Levels: 1
# of Floors: 3
Lease: Y
Unit #4 Information
# of Levels: 1
# of Floors: 5
Lease: Y
Location Information
Directions: Commercial Street to Hanover Street. Use GPS
UnparsedAddress: 400 Hanover St, Boston MA 02113
Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, T-Station, University
Public facts
Beds: —
Baths: —
Sq. Ft.: 2,835
Stories: 5.0
Lot Size: 436 square feet
Style: Other
Year Built: 1900
Year Renovated: 2010
County: Suffolk County
APN: 3362713
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 • 0.0mi
9/10
Charlestown High School
Public 7-12 • Assigned • 1.1mi
3/10
Horace Mann School For The Deaf
Public PreK-12 • Assigned • 1.2mi
East Boston High School
Public 7-12 • Assigned • 1.4mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Flood Factor
We're working on getting current and accurate flood risk information for this home.
Fire Factor
We're working on getting current and accurate fire risk information for this home.
6/10 Heat Factor
7 hot days expected this year, 15 days in 30 years
Wind Factor
We're working on getting current and accurate wind risk information for this home.
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
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Work with an experienced agent and save on fees. 3 minutes to get started.
Get a free, detailed breakdown of how we calculated your estimate.