Unit Information
This versatile multi is ideal for an owner-occupant seeking to offset their mortgage or an investor looking for a high-yield addition to their portfolio. Delivering an impressive 8.4% cap rate at the current list price, this property offers both immediate cash flow and long-term stability. Two units: Unit 1 is the first floor, and is a 2 bed, 1 bath unit with a laundry room. Unit 2 is the second and third floors, 3 bed, 1 bath and also has laundry. (All appliances transfer with the property as unvalued gifts.) Rent on first floor (on a lease until 6/30/26) is $2400. The second unit recently moved out and would rent for $3200. Two furnaces, two water heaters, two electric panels (100 amp each). One water heater new less than 2 yrs ago. Washer/dryer and fridge in Unit 1 new less than 2 yrs ago. Kitchen was completely remodeled prior to unit 2 tenant, 3 yrs ago. No water in basement since gutters added. Turnkey opportunity to acquire a high-performing asset in a strong rental market.
- Additional Details
- Status: NEW
- Type: Multi-Family, 2 Family - 2 Units Up/Down
- Zip Code: 01748
- Levels: 3
- Parking
- Garage Capacity: 4
- Parking: Paved Drive, Off Street, Tandem, Driveway
- Parking Spaces: 4
- Rooms and Dimensions
- Total Units: 2
- Total Floors: 3
- Total Rooms: 12
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$799,000
- Status: New
- Listing ID: 73470123
- Bedrooms: 5
- Full Baths: 2
- Living Area: 1,953 sqft Convert
- Lot Size: 4,421 sqft Convert
- Acres: 0.1
View description
Luxury Residential Group
(617) 233-5800
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LRG Luxury Residential Group | 355 Boylston St, Boston MA 02116 | (617) 233-5800 | |