Price$1,595,000
Est. Mortgage: $/month
MLS Number 72985188
- MultiFamily
- Bedrooms 7
- Bathroom 5
- Square Feet 4,380
- Parking Spaces 5
Attention investors: stunning complete 2014 renovation of a gorgeous 5 unit building in a top hyde park location!!! This building is a cash cow and turnkey for the next owner. Everything has been done: newer roof, siding, windows, porches, kitchens, baths, plumbing, wiring, (5) gas fha heating systems, and (5) gas hot water heaters. Great trophy building offers a top location near fairmount hill and the hyde park commuter train to boston!!! Unit mix is (1) 3-bedroom duplex unit with 2 full baths and (4) 1-bedroom units with gorgeous open and bright floor plans, huge bedrooms, great closet space, large modern kitchens, and monder designer tile baths. Rear porches for each unit and great rear yard. Income is $115,800/year with expenses of $17,900. The noi is $95,986. The estimated cap rate is 6%. This is an ideal 1031 exchange or a nice long-term investment for a buy-and-hold. The owner has left one unit vacant for showings. This is a very stable, risk-averse investment opportunity!
Listed by Michael McGuire of Insight Realty Group,Inc.