Unit Information
285 W Elm Street consists of a three-story building containing seven (7) residential units comprised of five (5), 1-Bedroom/1-Bathroom units, one (1), 2-Bedroom/1 Bathroom units, and one (1) 3-Bedroom/1-Bathroom unit with 4,839 square feet of living area in 6,874 total gross square feet. The property features six (6) on-site parking spaces available for tenants on a 0.16-acre corner parcel of land. All units are separately metered for electricity, and gas-fired heat, and all units except for 3 and 6 are responsible for hot water, which the tenants pay directly. The Landlord is responsible for common area electric, hot water for units 3 and 6, and domestic water and sewer. All tenants are tenant-at-will, with one (1) unit currently vacant. 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 exteriors to drive rental rates.
- Additional Details
- Status: NEW
- Type: Multi-Family, 5-9 Family
- Zip Code: 02301
- Living Levels: 8
- Parking
- Parking: Paved Drive, Off Street
- Parking Spaces: 6
- Rooms and Dimensions
- Total Units: 7
- Total Floors: 8
- Total Rooms: 24
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$1,050,000
- Status: New
- Listing ID: 73312962
- Bedrooms: 10
- Full Baths: 7
- Living Area: 4,839 sqft Convert
- Lot Size: 6,969 sqft Convert
- Acres: 0.16
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Luxury Residential Group
(617) 233-5800
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LRG Luxury Residential Group | 355 Boylston St, Boston MA 02116 | (617) 233-5800 | |