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71 Charles St, Boston, MA 02114

Beacon Hill

Multi-Family

$3,950,000
Price

4
Units
3,400
Approx. GLA
A rare offering of a commercial-residential building in a prime location of Beacon Hill ripe for development potential. After many prosperous years, the Chef and owner of "The Hungry I" is selling both his restaurant and building. Known as one of the most romantic restaurants in Boston, the 49-seat venue is tucked into the parlor and garden levels and spills out into the secluded private patio. Both the full transferable liquor license and entertainment license are part of the sale. The restaurant has separate HVAC and utilities. Above the restaurant are three floor through one-bedroom apartments, the first featuring floor to ceiling plantation windows overlooking Charles Street. The upper units are ready for renovations and all have gas cooking and electric heat.
Open House
No scheduled Open Houses
Highlights
Area/Village: Beacon Hill
List Price: $3,950,000
Type: Multi-Family
Multi-Family Type: 4 Family
Status: Active
Beds: 3
Baths: 3
Half Baths: 2
Units: 4
Year Built: 1899
Approx. GLA: 3,400
MLS#: 72335896
Interior
Basement: No
Cooling Units: 1
Cooling Zones: 2
Electricity Cost: $5,220
Electric Features: 200 Amps, Individually Metered
Heating Units: 4
Heating Zones: 4
Fireplaces: 3
Hot Water: Natural Gas
Rooms: 10
Lead Paint: Unknown
Total Floors: 5
Exterior
Water: No
Acres: 0.03
Lot Size: 1,123.00
Lot Description: Other (See Remarks)
Foundation: Brick
Parking Features: On Street Permit
Road Type: Public
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: Yes
Assessed Price: $2,009,000
Taxes: $50,627
Tax Year: 2018
Book/Page: 0/0
Beach
Beach: No
Expenses
Gross Income: $66,000
Gross Expenses: $14,820
Net Income: $171,168
Gas Cost: $6,000
Water Cost: $3,600
 
Additional
Disclosure Declaration: No
Disclosure: sold "as is" with transferable liquor license and entertainment license in place. All development zoning and potential should be verified by buyer.
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 4 0 3 1 0 2 No 2 $9,999
Unit 2 2 1 1 3 1 0 Yes 1 $2,200
Unit 3 2 1 1 4 1 9 No 1 $1,600
Unit 4 2 1 0 5 1 0 No 1 $1,700
Map
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The listing office is Keller Williams Realty Boston-Metro | Back Bay and the listing agent is Karl Olsen. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 7/19/2018 7:35:00 AM.
 
Larry Wenglin
Larry Wenglin
Keller Williams Realty International Boston-Metro