Unit Information
Turnkey 6-unit investment property offering strong cash flow and a proven rental history. The end-of-year 2025 cap rate was 8.99%, with clear potential for immediate upside upon new ownership.The property consists of six 2-bedroom units, four units are equipped with space heaters, while two units feature forced air systems. All tenants are at will, providing investors with the flexibility to adjust rents to market rates and maximize returns.The building is set up for efficiency with separate utilities, with tenants responsible for their own expenses, helping keep operating costs low. Key updates have been completed, including electrical improvements and renovations throughout. This is an ideal opportunity for investors seeking a stable, income-producing asset with value-add potential, strong fundamentals, and the ability to increase NOI and long-term equity.
- Additional Details
- Status: NEW
- Type: Multi-Family, 5-9 Family
- Zip Code: 02723
- Levels: 10
- Rooms and Dimensions
- Total Units: 6
- Total Floors: 10
- Total Rooms: 24
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$999,500
- Status: New
- Listing ID: 73489887
- Bedrooms: 12
- Full Baths: 6
- Living Area: 5,136 sqft Convert
- Lot Size: 3,999 sqft Convert
- Acres: 0.09
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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 | |