Unit Information
The Wenham Street Multifamily comprises (1) three bedroom / two bathroom & (3) four bedroom / two bathroom units. Tenants are responsible for their electric and gas, and water/sewer is newly submetered for rebilling on future leases. The Wenham Street Multifamily has undergone a complete renovation and is a turnkey/new construction property. The Wenham Street Multifamily boasts condo quality finishes, an in-unit laundry, and outdoor space. It is near numerous shops, restaurants, and public transit.The Wenham Street Multifamily provides an investor the opportunity to acquire a turn-key property with the ability to raise rents to market levels and potentially convert the fourth floor unit from a three bedroom to a four bedroom unit, adding to potential market upside.Pro Forma Income $232,800 Pro Forma Expenses $36,474 Pro Forma NOI $193,205 Pro Forma Cap Rate 6.28%
- Additional Details
- Status: NEW
- Type: Multi-Family, 4 Family
- Area: Jamaica Plain
- Zip Code: 02130
- Levels: 10
- Parking
- Parking: On Street
- Rooms and Dimensions
- Total Units: 4
- Total Floors: 10
- Total Rooms: 24
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$3,075,000
- Status: New
- Listing ID: 73354533
- Bedrooms: 15
- Full Baths: 8
- Living Area: 5,312 sqft Convert
- Lot Size: 5,760 sqft Convert
- Acres: 0.13
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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 | |