820-824 Huntington Ave
$3,295,000
10
Beds
4/2
Baths
4,740
Sqft
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$3,295,000
10
Beds
4/2
Baths
4,740
Living Area
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Property Description
Prime Mission Hill mixed-use investment, corner lot steps to the Longwood Medical Area (LMA) & universities. This fully stabilized 6-unit asset generates $186,694 in Net Operating Income, offered at a compelling 5.67% CAP RATE. The commercial income is de-risked by two long-term leases with contractual rent escalations. The anchor market tenant’s lease is extended to 2031 and includes a tax-stop clause, protecting ownership from future expense growth. Significant upside exists via strategic residential renovations to attract high-income LMA professionals from the new lab facility next door. Future potential to add a premium roof deck with skyline views (full stair/headhouse access in place). A proven cash-flow performer in an A+ transit-oriented location. Full Offering Memorandum available upon request. Do not disturb tenants. Showings by appointment only.
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Highlights
- Area: Mission Hill
- Property Class: Residential Income
- Stories: 5
- Year Built: 1920
- Levels: 5
- Property Type: 5+ Family - 5+ Units Up/Down
- Total Rooms: 19
- Status: Active
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Additional Details
- Basement: Full
- Foundation: Concrete Perimeter, Stone
- Roof: Rubber
- Total Number of Units: 6
- Year Built Source: Public Records
- Exclusions: Tenant Personal Property
- Lot Features: Corner Lot
- SqFt Source: Public Record
- Year Built Details: Actual, Renovated Since
- Zoning: Ns
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, Public School, T-Station, University
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $1,123,700
- Compensation Based On: Gross/Full Sale Price
- Taxes: $18,348
- Buyer Agent Compensation: 2%
- Tax Year: 2025
- Total Rent: $19,776
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Listing information provided courtesy of KM Real Estate Group.
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