$4,875,000
33
Beds
18
Baths
15,744
Living Area
-
Property Description
The Delhi Apartments are comprised of three contiguous six-unit apartment buildings. The asset boasts an impressive $46,211 monthly rent roll ($554,528 annual) giving an investor a tremendous opportunity to acquire a stable, cash-flowing deal that has been professionally managed for over 15 years. The properties are comprised of (15) two bedroom/one bathroom units and (3) one bedroom/one bathroom units. Each building features separate gas fired boilers, central hot water, separate electric meters and coin-op washer & dryer. Significant improvements have been made to the units and buildings during the current ownership. Two separate driveways provide access to the parking lot in the rear of the property. The property is located less than 3/4 of a mile from the Morton Street rail station on the MBTA Commuter Rail, which provides easy access to North Station and downtown Boston.
-
Highlights
- Heating: Baseboard, Natural Gas
- Parking Spots: 18
- Property Type: 5+ Family - 5+ Units Side by Side
- Total Rooms: 69
- Status: Closed
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1930
-
Additional Details
- Construction: Frame
- Foundation: Concrete Perimeter
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: .
- Flooring: Wood, Tile, Vinyl, Carpet
- Lot Features: Other
- Roof: Rubber
- Total Number of Units: 18
- Year Built Source: Public Records
-
Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, House of Worship, T-Station
- Parking Features: Off Street
-
Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
-
Fees / Taxes
- Assessed Value: $2,590,600
- Tax Year: 2025
- Total Rent: $32,767
- Rental Fee Includes: Unit 1(Water, Hot Water), Unit 2(Water, Hot Water)
- Taxes: $30,412
Similar Listings
Sold
25 Photos
Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Bridgestone Properties, LLC.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.