Unit Information
Discover an exceptional opportunity to acquire a high-performing, two-story, 12-room rooming house situated on a corner lot with a spacious backyard. Generating over $10,000 per month in rental income, this turnkey asset offers strong existing cash flow, an established management structure, and long-term upside, making it an ideal addition to any real estate portfolio. The property features a practical layout distributed across two floors, comprising 12 rooms, 2 full bathrooms, and 2 half bathrooms, while the expansive backyard provides valuable outdoor space for residents. Positioned on a prominent corner lot, there is added flexibility to explore adding a driveway or dedicated off-street parking, subject to local zoning regulations and municipal approvals. Investors will appreciate the established operation with a hands-on property manager overseeing day-to-day operations for a streamlined, hands-off ownership experience. Whether you are an experienced investor looking to scale your portfolio or seeking a reliable income-producing property with immediate return, this listing delivers a rare blend of stability and potential. Strong cash flow, established management, and outstanding potential make this a versatile investment not to miss; buyer and buyer’s agent to perform all due diligence regarding property details, square footage, room count, rental income, zoning, parking feasibility, and municipal approvals.
- Additional Details
- Status: New
- Type: Multi-Family, Multi Family
- Zip Code: 02740
- Levels: 5
- Parking
- Parking: Off Street
- Rooms and Dimensions
- Total Units: 12
- Total Floors: 5
- Total Rooms: 12
- Has Basement: Yes
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$699,000
- Status: New
- Listing ID: 73592513
- Bedrooms: 12
- Full Baths: 2
- Half Baths: 2
- Living Area: 2,329 sqft Convert
- Lot Size: 3,768 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 | |