Unit Information
Superb opportunity to acquire a stabilized 6-family directly across from Clark University, generating $11,350/month in rental income and a strong $103,700 NOI. Additional revenue comes from coin-op laundry and a heated basement storage/workshop. The property offers a desirable mix of three 2 bed/1 bath units and three 3 bed/1 bath units, plus a fully leased 4-car garage. All apartments are renovated with modern layouts that attract quality tenants. The building is sprinklered, fully insulated, separately metered with tenant-paid electric, and five units are deleaded. In a prime walk-to-campus location with consistent rental demand, this asset is ideal for portfolio buyers or 1031 investors seeking stable income, long-term appreciation, and minimal deferred maintenance. All apartments and garages are leased: front units through Summer 2027 and rear units through Summer 2026. Both garages rent for $700, and a basement storage unit can add $200/month when leased.
- Additional Details
- Status: NEW
- Type: Multi-Family, 5-9 Family
- Zip Code: 01610
- Levels: 5
- Parking
- Garage: 4
- Garage Capacity: 10
- Parking: Shared Driveway
- Parking Spaces: 10
- Rooms and Dimensions
- Total Units: 6
- Total Floors: 5
- Total Rooms: 28
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$1,550,000
- Status: New
- Listing ID: 73469808
- Bedrooms: 15
- Full Baths: 6
- Living Area: 5,861 sqft Convert
- Lot Size: 9,518 sqft Convert
- Acres: 0.22
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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 | |