$2,800,000
14
Beds
7
Baths
5,502
Living Area
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Property Description
Turnkey Mission Hill 3-family being offered at an 8% cap rate. This property has been fully renovated with 14 bedrooms & 7 full baths spanning four floors of living. Each luxury rental unit features open kitchen/living rooms, upgraded kitchens with semi-custom cabinets, stainless appliances & quartz countertops. The bathrooms are adorned with glass doors, floating vanities & tiled showers. Numerous upgrades include new energy efficient systems such as new HVAC systems, tankless hot water systems, in-unit laundry, a new roof, front porch, sprinkler system, new plumbing & electrical systems & new windows. Hardwood floors throughout, complemented by tiled kitchens & baths. This property has a proven track record as a successful investment, with potential for further growth. Situated near the Longwood Medical Area, the Roxbury Crossing and Brigham Circle T stops, many area universities and amenities.
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Highlights
- Area: Mission Hill
- Heating: Unit 1(Central Heat), Unit 2(Central Heat), Unit 3(Central Heat)
- Property Type: 3 Family
- Year Built: 1905
- Cooling: Unit 1(Central Air), Unit 2(Central Air), Unit 3(Central Air)
- Property Class: Residential Income
- Total Rooms: 22
- Status: Closed
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Additional Details
- Appliances: Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Electric Dryer, Utility Connections Varies per Unit
- Exterior Features: Porch, Deck, Gutters, Fenced Yard, Unit 1 Balcony/Deck, Unit 2 Balcony/Deck, Unit 3 Balcony/Deck
- Foundation: Granite
- Lot Features: Wooded
- Roof: Shingle
- Year Built Details: Approximate
- Zoning: R3
- Construction: Frame
- Flooring: Wood, Tile, Unit 1(undefined), Unit 2(Tile Floor, Hardwood Floors, Wood Flooring, Stone/Ceramic Tile Floor), Unit 3(Tile Floor, Hardwood Floors, Wood Flooring, Stone/Ceramic Tile Floor)
- Interior Features: Unit 1(Pantry, Storage, Stone/Granite/Solid Counters, High Speed Internet Hookup, Upgraded Cabinets, Upgraded Countertops, Bathroom with Shower Stall, Bathroom With Tub), Unit 2(Pantry, Stone/Granite/Solid Counters, High Speed Internet Hookup, Upgraded Cabinets, Upgraded Countertops, Bathroom with Shower Stall, Bathroom With Tub, Open Floor Plan), Unit 3(Pantry, Storage, Stone/Granite/Solid Counters, High Speed Internet Hookup, Upgraded Cabinets, Upgraded Countertops, Bathroom with Shower Stall, Bathroom With Tub, Open Floor Plan), Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room, Dining Room, Kitchen), Unit 3 Rooms(Living Room, Dining Room, Kitchen)
- Road Frontage Type: Public
- Total Number of Units: 3
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
- Parking Features: On Street
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Utilities
- Electric: 200+ Amp Service
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $2,080,600
- Compensation Based On: Net Sale Price
- Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
- Taxes: $22,346
- Buyer Agent Compensation: 2.5%
- Facilitator Compensation: 2%
- Tax Year: 2023
- Total Rent: $22,500
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Listing information provided courtesy of Boston Brokerage Group.
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