1 Copeland Park
$1,795,000
12
Beds
4
Baths
5,888
Sqft
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$1,795,000
12
Beds
4
Baths
5,888
Living Area
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Property Description
Stabilized Roxbury four-unit building with 12 total bedrooms and tons of upside from a rent income standpoint. Property will generate $10,856 based on approved rents. Currently generating $9,600 per month w/ two underperforming units that are occupied by long-term tenants. Limited CapEx to eclipse $13k+ per month in rent income (e.g. fresh paint, new fixtures). Expected low vacancy and high appreciation potential based on market trends, local development, and zoning overlay that promotes new/improved housing (Neighborhood Design Overlay District: Roxbury). The allure of this property is tons of living area square footage and a small, low-maintenance lot that essentially covers only the footprint of the building. There are two 4bd/1br units that both have two levels of living space and two 2bd/1br units that both have internal access to a full, unfinished basement. Capitalize on this functional multifamily with untapped potential that's set on a dead-end way in the heart of the city.
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Highlights
- Cooling: Window Unit(s)
- Levels: 6
- Property Type: 4 Family
- Total Rooms: 20
- Status: Active
- Heating: Other
- Property Class: Residential Income
- Stories: 6
- Year Built: 1900
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Additional Details
- Appliances: Range, Dishwasher, Refrigerator, Freezer, Oven
- Construction: Frame
- Flooring: Carpet, Hardwood, Stone / Slate, Tile
- Interior Features: Storage, Internet Available - Unknown, Kitchen, Living RM/Dining RM Combo
- Road Frontage Type: Public, Dead End
- SqFt Source: Public Record
- Year Built Details: Approximate, Renovated Since
- Zoning: 0111
- Basement: Full, Interior Entry, Bulkhead, Concrete, Unfinished
- Exterior Features: Rain Gutters, Varies per Unit
- Foundation: Stone, Granite
- Lot Features: Cleared, Level
- Roof: Slate, Rubber
- Total Number of Units: 4
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Golf, Medical Facility, Laundromat, Conservation Area, House of Worship, Private School, Public School, T-Station, University
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $927,200
- Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
- Taxes: $10,107
- Compensation Based On: Gross/Full Sale Price
- Tax Year: 2025
- Total Rent: $10,856
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Listing information provided courtesy of Coldwell Banker Realty - Milton.
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