Unit Information
Great opportunity to acquire a fully licensed, fully occupied 14-unit income property at 19 Clinton Avenue, generating $192,600 in gross annual rent and a strong 9.61% cap rate at the $1,300,000 asking price. The property is configured as four self-contained apartments (two 2-bedrooms and two 1-bedrooms) plus a ten-room rooming-house component, providing a powerful blend of stable apartments and per-room rentals for great cash flow. Whether you're an investor looking to plug an immediate $124,915 NOI into your portfolio, or a buyer looking to reposition, 19 Clinton Avenue is a turn-key opportunity in a stabilized building with real upside.
- Additional Details
- Status: NEW
- Type: Multi-Family, Multi Family
- Zip Code: 02301
- Levels: 4
- Parking
- Garage Capacity: 4
- Parking: Paved
- Parking Spaces: 4
- Rooms and Dimensions
- Total Units: 14
- Total Floors: 4
- Total Rooms: 18
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$1,300,000
- Status: New
- Listing ID: 73532156
- Bedrooms: 16
- Full Baths: 6
- Living Area: 5,376 sqft Convert
- Lot Size: 4,674 sqft Convert
- Acres: 0.11
View description
Luxury Residential Group
(617) 233-5800
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