Luxury Real Estate Group Boston > Boston > 820-824 Huntington Ave

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

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