$5,000,000
34
Beds
25
Baths
15,729
Living Area
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Property Description
Yannios RE Investment Services, as exclusive agent, is proud to present a rare investment opportunity, that has not been available to the open market in 20 years. This offering represents a rare opportunity to acquire in one of the most supply-constrained submarkets in the Boston market. The building consists of 9-two bedrooms, 12-one bedrooms, 4 studios. Tenant paid heat and electric, hot water included in the rent. The units have sub-panels, newer ceramic tile & vinyl flooring, newer bathrooms, kitchens and other units with partial kitchen updates. The common hallways have newer vinyl plank flooring and lighting & newer roof. The common hallways have newer vinyl plank flooring and lighting & newer rubber roof. Value-add upside positioning the property to capture rent growth in a high-demand, low-vacancy market with access to public transportation and commuting routes into Boston.
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Highlights
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1890
- Parking Spots: 18
- Property Type: 5+ Family - 5+ Units Up/Down
- Total Rooms: 73
- Status: Active
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Additional Details
- Basement: Full
- Flooring: Tile, Vinyl, Varies
- Lot Features: Corner Lot
- Roof: Shingle, Rubber
- Total Number of Units: 25
- Year Built Source: Public Records
- Construction: Frame
- Foundation: Stone, Brick/Mortar
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual, Renovated Since
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Amenities
- Community Features: Public Transportation, Shopping, Laundromat
- Parking Features: Off Street
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $3,729,700
- Taxes: $39,376
- Tax Year: 2027
- Total Rent: $32,767
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Listing information provided courtesy of Yannios R E Investment Sales.
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