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515 Norfolk St

Mattapan, Boston, MA 02126
$1,488,000
10 Beds
4 Baths
5,237 Living Area
  • Property Description
    Introducing an exceptional investment opportunity to acquire a substantially large 4-unit BOSTON property in the heart of Mattapan, sitting on a generous 14,000 sq ft lot! Perfect for an investor or a buyer looking to owner occupy! Situated in a thriving Boston- Mattapan neighborhood with convenient access to public transit and just moments away from Downtown Boston, this building boasts 4 very spacious units, ample on-site parking, garage space, separately metered utilities, and efficient systems. This building is currently a well stabilized cash cow; with significant potential to increase rents and enhance cash flow. The property showcases excellent value with tremendous potential for rent increases. Capitalize on the thriving momentum in Mattapan while unlocking substantial growth potential for the future. Mattapan Square is minutes away & the building is centrally located in one of Boston's most accessible neighborhoods. This is THE premier investment opportunity of the year!
  • Highlights
    • Area: Mattapan
    • Property Class: Residential Income
    • Total Rooms: 22
    • Status: Active
    • Parking Spots: 15
    • Property Type: 4 Family
    • Year Built: 1905
  • Additional Details
    • Basement: Full
    • Lot Features: Level
    • Roof: Shingle
    • Year Built Details: Actual
    • Zoning: R3
    • Foundation: Concrete Perimeter
    • Road Frontage Type: Public
    • Total Number of Units: 4
    • Year Built Source: Public Records
  • Amenities
    • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
    • Parking Features: Off Street
    • Covered Parking Spaces: 2
  • Utilities
    • Sewer: Public Sewer
    • Water Source: Public
  • Fees / Taxes
    • Assessed Value: $990,500
    • Compensation Based On: Net Sale Price
    • Tax Year: 2023
    • Total Rent: $12,200
    • Buyer Agent Compensation: 2%
    • Facilitator Compensation: 2%
    • Taxes: $10,638

Location

515 Norfolk St, Boston, MA 02126

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Content © 2024 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 Stony Brook & Lennox Realty Advisors. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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