LRG Boston
(617) 233-5800
355 Boylston St
Boston, Ma 02116

820-824 Huntington Ave
Boston, MA

Property Description
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 de-risked by two long-term leases with contractual rent escalations. The anchor market tenant’s lease is extended to 2031 and includes a tax-stop clause, protecting ownership from future expense growth. 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.
offered at
$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
Additional Details
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
Contact: LRG Boston at (617) 233-5800

LRGBOSTON.COM
355 Boylston St. Boston, MA 02116