Unit Information
Fantastic Investment Opportunity! CASH COW!!! $188,000 ANNUAL INCOME! Exceptional investment opportunity with a diverse range of possibilities for usage of this property. Currently operating as a licensed 17 unit rooming house in close proximity to the train station, downtown amenities, shopping, medical, highway, schools & much more! This gorgeous property features 7 1/2 bathrooms, 2, 1-br apartments, 9 full kitchen, (2) coin-op laundry services in basement/Coke machine (as is condition). Brand new sprinkler system, new fire escape, a new 200 amp electric service, roof approx 11 years old, newer heating systems and hot water tanks. Solid/steady rental history - fully occupied as of July 2024 (weekly and monthly incomes). Expense data/rent roll are available upon request. Serious buyers only. Seller anticipates completing a 1031 Tax Exchange of relinquished property. Prospective buyers should consult with their lender(s) prior to making an appointment.
- Additional Details
- Status: ACT
- Type: Multi-Family, 5+ Family - Rooming House
- Area: Center
- Zip Code: 02740
- Living Levels: 3
- Rooms and Dimensions
- Total Units: 17
- Total Floors: 3
- Total Rooms: 23
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$1,300,000
- Listing ID: 73269285
- Bedrooms: 17
- Full Baths: 7
- Half Baths: 1
- Living Area: 5,729 sqft Convert
- Lot Size: 4,356 sqft Convert
- Acres: 0.1
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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 | |