$2,750,000
12
Beds
6
Baths
6,090
Living Area
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Property Description
Incredibly rare opportunity to own an immaculately maintained and cared-for 6-family cash cow in red hot Savin Hill. Turnkey full of top-tier tenants on 12-month leases. Slam-dunk rentals in prime location minutes from the T. This is the cream of the crop, across the street from gorgeous Pattens Cove.In terms of revenue, this building’s sustained peak performance and exceptionally high level of demand add up to reliability and revenue that are virtually unmatched. This prime property is a star performer and would undoubtedly be the crown jewel and the sturdy foundation of any portfolio. Already generating excellent income, there is still room to grow, with some units well under market. For the savvy developer, condo conversions offer additional opportunity for significant profit/ROI.Many significant recent upgrades include a unit renovation, exterior painting, new boiler, new windows, new PVC porch floors, & more. Additional details can be provided to serious prospective buyers.
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Highlights
- Area: Dorchester's Savin Hill
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1910
- Has View: Yes
- Parking Spots: 5
- Property Type: 5-9 Family
- Total Rooms: 30
- Status: Closed
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Additional Details
- Basement: Interior Entry, Unfinished
- Exterior Features: Balcony
- Foundation: Stone
- Road Frontage Type: Public
- SqFt Source: Public Record
- View: Scenic View(s)
- Year Built Source: Public Records
- Construction: Frame, Conventional (2x4-2x6)
- Flooring: Wood, Tile, Varies, Laminate, Hardwood
- Lot Features: Gentle Sloping
- Roof: Shingle
- Total Number of Units: 6
- Year Built Details: Actual
- Zoning: R4
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Amenities
- Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, Sidewalks
- Waterfront Features: Ocean, 1/10 to 3/10 To Beach, Beach Ownership(Public)
- Parking Features: Off Street, Leased, On Street, Assigned, Available for Purchase, Paved
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Utilities
- Electric: Circuit Breakers, Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $1,052,900
- Taxes: $11,477
- Tax Year: 2024
- Total Rent: $14,450
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