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Home Massachusetts Multi-Family Homes for Sale

65-71 Gardner Street Boston, MA 02134
65-71 Gardner Street, Boston, MA
SOLD 10/21/2323Price Reduced $350,000
0
$2,880,000
*Sale Price
Total Beds: 14 Total Baths: 7
Total Units: 5 SQFT: 7152
LOT size: 0.24 Acres
65-71 Gardner Street
Boston, MA 02134
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This Property is No Longer Available

Property Description

350K price improvement. Unique potential redevelopment opportunity in the high demand Packard's Corner neighborhood of Allston. Two side by side Victorian multifamily buildings on a corner lot with driveway access from both Chester and Gardner Streets. 65-71 Gardner Street is in close proximity to Boston University, Harvard Innovation Corridor, Boston Landing, and multiple approved new developments such as Allston Green in addition to being only 3 blocks away from the Packard's Corner T stop. Total lot size of 10,247 square feet for both parcels. The property has a well established rental history with a projected 2023-2024 rent roll of $17,800 per month and is currently professionally managed. Detached one car garage, off-street parking for 5-6 vehicles, commercial laundry machines, hardwood floors in most units, decorative fireplaces, and custom woodwork throughout help complete this rare offering. Virtual tours and floorplans of all 5 units available.
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Property Details

Building Information

  • Total Units: 5
  • Total Floors: 8
  • Total Bedrooms: 14
  • Total Full Baths: 7
  • Total Fireplaces: 2
  • Basement Features: Full, Interior Access, Partially Finished

Financial

  • APOD Available: No
  • Gross Operating Income: 213600
  • Net Operating Income: 213600

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 2

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 2

Unit 4 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 5-9 Family
  • Foundation Info: Fieldstone, Other (See Remarks)
  • Flooring Type: Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73123650
  • Last Updated: 10/21/23

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Map

Seller's Representative: Patrick Millane, 617 Real Estate Group, LLC
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2.25
Facilitator Compensation: 0
Compensation Based On: Gross/Full Sale Price
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2023-10-21 14:47:00

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