Unit Information
Great Investment Opportunity with option for IRS 1031 Tax Deferred Exchange for Qualified Investor. Across from South Common in a prime location.14-unit rooming house with 2 units w/ private baths, 12 tenants sharing 3 &1/2 bathroom facilities. All utilities are included in the rent. The building is well-maintained and conveniently located near public transportation, shopping, and easy highway access. Cap Rate: 11.51%. Sprinkler system installed 1994, two new hot water tanks installed 2/5/25, two holding tanks installed in 2022 and new vinyl sided in 2022. 4 off-street parking and plenty of on-street parking. Good Condition, Well maintained & Low turnover, Property managed by same Company for 45 years. Unique Opportunity. Showings start with Open House on Tuesday, February 25th from 11AM-1PM.
- Additional Details
- Status: ACT
- Type: Multi-Family, 5+ Family - Rooming House
- Zip Code: 01854
- Levels: 4
- Parking
- Parking Spaces: 4
- Rooms and Dimensions
- Total Units: 14
- Total Floors: 4
- Total Rooms: 15
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$850,000
- Listing ID: 73334641
- Bedrooms: 14
- Full Baths: 5
- Half Baths: 1
- Living Area: 3,368 sqft Convert
- Lot Size: 6,534 sqft Convert
- Acres: 0.15
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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 | |