Unit Information
An exciting investment opportunity with you. Located just minutes from I-93 Exit 2 in a low-density single-family neighborhood, this well-maintained 9-unit apartment building sits on a spacious 1.8-acre lot and is connected to city sewer. The property boasts a large and inviting backyard, ample paved parking, and extraland, all within a short walk of Canobie Lake, which offers seasonal views from the third floor. The building is currently occupied and stabilized, presenting an immediateincome stream. Six of the apartments have been recently and completely renovated, featuring modern kitchens with granite countertops and stainless steel appliances,updated bathrooms, refinished or new hardwood flooring, energy-efficient LED lighting, and new decks, sliding doors, and windows. Each unit is separately metered forheat and electricity and the property currently yields a strong 8% capitalization rate. The property also features a large U-shaped driveway providing ease of access.
- Additional Details
- Status: NEW
- Type: Multi-Family, 5-9 Family
- Zip Code: 03079
- Levels: 7
- Parking
- Parking: Paved Drive, Off Street
- Parking Spaces: 20
- Rooms and Dimensions
- Total Units: 9
- Total Floors: 7
- Total Rooms: 29
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$2,385,000
- Status: New
- Listing ID: 73389898
- Bedrooms: 14
- Full Baths: 9
- Living Area: 7,674 sqft Convert
- Lot Size: 78,408 sqft Convert
- Acres: 1.8
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 | |