$5,999,999
31
Beds
16
Baths
13,800
Living Area
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Property Description
Great investment opportunity at The Hillcrest, this four-story brick building offers a substantial almost 14,000 square feet of living space on a 0.32-acre lot. The property comprises 16 residential units, providing 15 two-bedroom units and 1 one-bedroom unit and 16 parking spaces. Each unit is equipped with electric heating, simplifying maintenance by eliminating the costs associated with traditional heating systems. Residents benefit from off-street parking, with almost one space available per unit. The building's proximity to Roslindale Village station and multiple MBTA Bus routes ensures convenient access to the wider Boston. The current cap rate is over 5%, with potential for revenue enhancements through possible rent increases.
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Highlights
- Area: Roslindale
- Levels: 9
- Property Class: Residential Income
- Stories: 9
- Year Built: 1970
- Heating: Electric, Unit Control
- Parking Spots: 16
- Property Type: 5-9 Family
- Total Rooms: 63
- Status: Active
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Additional Details
- Appliances: Washer, Dryer, Range, Disposal, Refrigerator, Range Hood
- Flooring: Wood, Carpet
- Interior Features: Laundry Room, High Speed Internet, Bathroom With Tub & Shower, Living Room, Kitchen
- Roof: Rubber
- Total Number of Units: 16
- Year Built Source: Public Records
- Construction: Brick
- Foundation: Concrete Perimeter
- Lot Features: Level
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: A
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Amenities
- Community Features: Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, Laundromat, House of Worship, Private School, Public School, T-Station
- Parking Features: Paved Drive, Off Street, Assigned, Paved
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $2,600,800
- Compensation Based On: Gross/Full Sale Price
- Tax Year: 2025
- Total Rent: $30,724
- Buyer Agent Compensation: 1%
- Rental Fee Includes: Unit 1(Water, Hot Water), Unit 2(Water, Hot Water), Unit 3(Water, Hot Water), Unit 4(Water, Hot Water)
- Taxes: $30,406
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Listing information provided courtesy of Boston Plex.
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