$1,100,000
4
Beds
1
Bath
1,022
Living Area
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Property Description
Rare opportunity to own a turn-key investment in one of Boston’s most in-demand and stable rental neighborhoods. Leased through 8/31/26 for $6200 with a new lease in place at $6400 starting 9/1/26. Parking is leased separately with an estimated market rate of $300/month. Two identical units in same building are pre-lease for 2026-2027 for $6800. Over the past 20+ years of current ownership, this condo has enjoyed a 100% occupancy rate with an average annual rent increase of $307/month between this and unit #8. While these are turn-key properties, the potential exists to grow the rents with minimal effort by renovating the kitchens and baths, updating fixtures, painting, and refinishing floors. Unit #8 is also granted exclusive roof rights by deed for possible expansion. Being offered as a package of Units #6 & #8 and to be sold as-is. Buyers are to do their own due diligence on the feasibility of any renovations, including, but not limited to, potential use of roof rights.
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Highlights
- Area: The Fenway
- Heating: Natural Gas
- Parking Spots: 1
- Property Type: Condominium
- Total Rooms: 6
- Year Built: 1960
- Cooling: Window Unit(s)
- HOA Fee: $384
- Property Class: Residential
- Stories: 4
- Unit Number: 6
- Status: Closed
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Additional Details
- Basement: N
- Fireplaces: 1
- Roof: Tar/Gravel
- Total Number of Units: 8
- Year Built Source: Public Records
- Construction: Brick
- Flooring: Wood, Tile
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: Cd
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Amenities
- Parking Features: Off Street, Assigned
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $736,200
- HOA Fee Includes: Water, Sewer, Insurance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
- Taxes: $8,525
- HOA Fee Frequency: Monthly
- Tax Year: 2025
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Listing information provided courtesy of Berkshire Hathaway HomeServices Warren Residential.
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