Unit Information
Stabilized Roxbury four-unit building with 12 total bedrooms and tons of upside from a rent income standpoint. Property will generate $10,856 based on approved rents. Currently generating $9,600 per month w/ two underperforming units that are occupied by long-term tenants. Limited CapEx to eclipse $13k+ per month in rent income (e.g. fresh paint, new fixtures). Expected low vacancy and high appreciation potential based on market trends, local development, and zoning overlay that promotes new/improved housing (Neighborhood Design Overlay District: Roxbury). The allure of this property is tons of living area square footage and a small, low-maintenance lot that essentially covers only the footprint of the building. There are two 4bd/1br units that both have two levels of living space and two 2bd/1br units that both have internal access to a full, unfinished basement. Capitalize on this functional multifamily with untapped potential that's set on a dead-end way in the heart of the city.
- Additional Details
- Status: ACT
- Type: Multi-Family, 4 Family
- Zip Code: 02119
- Levels: 6
- Rooms and Dimensions
- Total Units: 4
- Total Floors: 6
- Total Rooms: 20
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$1,850,000
- Listing ID: 73349690
- Bedrooms: 12
- Full Baths: 4
- Living Area: 5,888 sqft Convert
- Lot Size: 2,780 sqft Convert
- Acres: 0.06
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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 | |