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$760,000
5
Beds
5
Baths
3,094
Living Area
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Property Description
997 Broadway consists of a two-story building containing five (5), 1-Bedroom/1-Bathroom residential units with 3,094 square feet of living area in 3,374 total gross square feet. Situated on a 0.53-acre parcel of land, the property offers ample off-street parking for residents, onsite laundry, and individual private storage units. 997 Broadway is separately metered for electricity which the tenants pay directly. The Landlord is responsible for common area electric, oil-fired heat, hot water, and domestic water and sewer. In-place rents are significantly below the current market rates; the opportunity exists to increase income via programmatic updates to the unrenovated units, common areas, and exterior to drive rental rates.
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Highlights
- Heating: Baseboard, Oil
- Parking Spots: 9
- Property Type: 5-9 Family
- Total Rooms: 15
- Status: Closed
- Levels: 5
- Property Class: Residential Income
- Stories: 5
- Year Built: 1960
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Additional Details
- Appliances: Washer, Dryer
- Construction: Frame
- Interior Features: Storage
- Roof: Shingle
- Total Number of Units: 5
- Year Built Source: Public Records
- Basement: Partial
- Foundation: Concrete Perimeter
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: Bd
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Amenities
- Community Features: Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Public School
- Parking Features: Paved Drive, Off Street
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Utilities
- Electric: Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $502,300
- Tax Year: 2024
- Total Rent: $4,850
- Rental Fee Includes: Unit 1(Heat, Water, Hot Water), Unit 2(Heat, Water, Hot Water), Unit 3(Heat, Water, Hot Water), Unit 4(Heat, Water, Hot Water)
- Taxes: $6,239
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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 Boston Connect Real Estate.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
