Unit Information
Exceptional cash-flowing 9-unit investment property generating approximately $226,500 in annual rental income. This well-maintained building features three (3) one-bedroom units and six (6) two-bedroom units, offering a strong and diverse rental mix.Recent capital improvements include a new roof and siding, an updated exterior, paved driveway, and upgraded electrical systems throughout—providing peace of mind and reduced near-term maintenance costs.Current rents are slightly below market value, creating a clear opportunity for future rent increases and additional upside for the next owner.The property also benefits from separate utilities, with tenants responsible for their own usage—helping to maximize net operating income. Additional amenities include off-street parking for at least six vehicles. Prime location, close to major universities and with commuter rail access, making the property attractive to both tenants and investors.
- Additional Details
- Status: NEW
- Type: Multi-Family, 5-9 Family
- Zip Code: 02452
- Levels: 3
- Parking
- Garage Capacity: 6
- Parking: Paved Drive, Paved
- Parking Spaces: 6
- Rooms and Dimensions
- Total Units: 9
- Total Floors: 3
- Total Rooms: 25
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$3,000,000
- Status: New
- Listing ID: 73488681
- Bedrooms: 15
- Full Baths: 9
- Living Area: 8,100 sqft Convert
- Lot Size: 8,499 sqft Convert
- Acres: 0.2
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 | |