Unit Information
Prime Mission Hill mixed-use investment, corner lot steps to the Longwood Medical Area (LMA) & universities. This fully stabilized 6-unit asset generates $186,694 in Net Operating Income, offered at a compelling 5.67% CAP RATE. The commercial income is fully de-risked with two long-term retail leases featuring contractual rent escalations & tax stops, ensuring predictable growth & expense protection. Significant upside exists via strategic residential renovations to attract high-income LMA professionals from the new lab facility next door. Future potential to add a premium roof deck with skyline views (full stair/headhouse access in place). A proven cash-flow performer in an A+ transit-oriented location. Full Offering Memorandum available upon request. Do not disturb tenants. Showings by appointment only.
- Additional Details
- Status: NEW
- Type: Multi-Family, 5+ Family - 5+ Units Up/Down
- Area: Mission Hill
- Zip Code: 02115
- Levels: 5
- Rooms and Dimensions
- Total Units: 6
- Total Floors: 5
- Total Rooms: 19
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$3,295,000
- Status: New
- Listing ID: 73413517
- Bedrooms: 10
- Full Baths: 4
- Half Baths: 2
- Living Area: 4,740 sqft Convert
- Lot Size: 1,794 sqft Convert
- Acres: 0.04
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 | |