175 Hancock St
$1,595,000
9
Beds
5
Baths
5,237
Sqft
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$1,595,000
9
Beds
5
Baths
5,237
Living Area
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Property Description
Attention investors and buyers !! Great opportunity to own a large 5-unit rental property on a corner lot. The property is at a 7% cap rate on current income. The building consists of one (1) 4-Bedroom/1 Bathroom unit, one (1) 2-Bedroom/1-Bathroom unit and three (3) 1-Bedroom/1-Bathroom units. 4 Units De-Leased. Majority of units renovated and has off-street parking for up to 7 cars. Public transportation is readily available on Hancock Street with MBTA buses providing regular service to the Sullivan Square, Malden Center and Wellington stations on the MBTA’s Orange Line.
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Highlights
- Heating: Hot Water
- Parking Spots: 7
- Property Type: 5+ Family - 5+ Units Up/Down
- Total Rooms: 19
- Status: Active
- Levels: 9
- Property Class: Residential Income
- Stories: 9
- Year Built: 1900
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Additional Details
- Appliances: Range, Refrigerator
- Foundation: Stone
- Lot Features: Corner Lot
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: Dd
- Basement: Full, Bulkhead
- Interior Features: Laundry Room, Living Room, Kitchen
- Roof: Shingle
- Total Number of Units: 5
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping
- Parking Features: Off Street
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $1,417,300
- Tax Year: 2025
- Total Rent: $12,200
- Rental Fee Includes: Unit 1(Heat), Unit 2(Heat), Unit 3(Heat), Unit 4(Heat)
- Taxes: $16,143
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Listing information provided courtesy of J. Borstell Real Estate, Inc..
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