$1,150,000
14
Beds
8
Baths
7,436
Living Area
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Property Description
5 & 7 Ashland Street – 8 Units!! Turnkey 8-family investment in 01609! The property includes six 2-bedroom units and two ground-level 1-bedroom/studio units. All eight units have been fully renovated with high ceilings. Major updates include separate utilities, updated electrical, plumbing, and heating systems, replacement windows, brand-new rear porches, a driveway, and common laundry. Most tenants are on tenant-at-will (TAW) leases. Several units below market rent, offering upside potential -- Current rent roll is $11,450/month!! Great investment opportunity with strong rental income and value-add potential!
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Highlights
- Levels: 5
- Property Class: Residential Income
- Stories: 5
- Year Built: 1890
- Parking Spots: 4
- Property Type: 5-9 Family
- Total Rooms: 34
- Status: Closed
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Additional Details
- Basement: Partially Finished, Concrete
- Road Frontage Type: Public
- Total Number of Units: 8
- Year Built Source: Public Records
- Foundation: Brick/Mortar, Other
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: Bg-3
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Amenities
- Parking Features: Paved Drive
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $1,114,000
- Taxes: $14,693
- Tax Year: 2025
- Total Rent: $11,450
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of MP Signature Realty LLC.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.