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Listing Details
- $3,360,000
- MLS# 73477347
- Type Multi Unit - Multiple
- Status Active
Listed By
Agency Name: NextGen Realty, Inc.
Agency Phone: 617-208-2100
Agent Name: Zachary Conley
Shown By
Agent Name: Denise Connell
Agent Phone: (781) 727-3030
Agency Title: Donahue Real Estate Co.
Home Value Estimate
Description
Exceptional mixed-use investment opportunity featuring four buildings and a large parking lot with abundant off-street parking. The portfolio includes a 10-unit building (2 commercial, 8 residential), a 4-unit building (1 commercial, 3 residential), a 4-family, and a 6-family, totaling 36 bedrooms comprised of one 3-bedroom, thirteen 2-bedroom units, three commercial spaces, and the remaining 1-bedrooms. Current gross income is $365,400 annually, offered at an 8.2% cap rate. Clear path to approximately 11.5% cap at market rents through modest increases, creating significant value-add upside. Commercial tenants include Metro PCS and a tattoo...read more
Features
- Wood
- Tile
- Carpet
- 5.0 Stories
- $27,787 Taxes
- Public
- Built in 1900
Gallery
Listed By
Agency Name: NextGen Realty, Inc.
Agency Phone: 617-208-2100
Agent Name: Zachary Conley
Shown By
Agent Name: Denise Connell
Agent Phone: (781) 727-3030
Agency Title: Donahue Real Estate Co.
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