Description
Rare six-unit investment opportunity on Hyde Park Ave. 3-story wood-frame building with 5,616 sq ft of living area on a 4,203 sq ft lot. 100% occupied by market-rate tenants, all tenant-at-will, grossing $14,800/month ($177,600/yr) with NOI of approx. $127,900. Separately metered gas and electric; tenants pay their own utilities, owner covers water/sewer and common electric. Most major systems addressed: rubber roof and vinyl windows (approx. 2000), four gas steam boilers replaced in 2018, updated hot water tanks in every unit, and circuit breaker panels in each apartment. Lead certificates on file with the City of Boston. No pets. Steps to Hyde Park Ave bus routes and minutes to the Roslindale Village and Hyde Park commuter rail stations, with easy access to the Arboretum, Roslindale Square dining, and downtown Boston. Stabilized in-place income with upside potential on turnover. Private showings by appointment only; please do not disturb tenants.
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Listed by: 617-285-6573; Christopher Chadzynski; Northeast Realty + Co.
