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$2,600,000
Total Beds: 12 Total Baths: 7
Total Units: 6 SQFT: 4957
LOT size: 0.13 Acres
1853 Commonwealth Ave
Boston, MA 02135
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Property Description

Gourgeous mulifamily in Prime Location right on Commionwealth ave in Brighton!!!Rare Opportunity for a developer and savvy investor! Mixed Use Property -- just approved by ZBA to convert to 6 residential units.Currently, Property is 3 Residential: 1) 4bd/2bath + 2) 3bd/1ba - No Changes needed, each have separate entrances, 3) 1bd/1ba.ZBA approval to convert 7 existing offices + 1bd to additional 4 Units. ZBA approved for 4 parkings spots. There is also a self-standing garage. Room for additional parking (currently, 10 cars fit).Approved Plans ?attached.Recent Capital Improvements: New ?Designer Siding done in 2023 (vinyl shingles).Property has been well maintained by non-corporate owner.Ideal location. Close to Boston University, Boston College, steps to Cleveland Circle and St. Elizabeth Hospital, 5 min to MassPike.Incredible opportunity to own a Multi-Family house with substantial post-construction income upside.

Property Details

Building Information

  • Total Units: 6
  • Total Floors: 7
  • Total Bedrooms: 12
  • Total Full Baths: 7
  • Amenities: Bike Path, Highway Access, House of Worship, Laundromat, Medical Facility, Park, Public School, Public Transportation, Shopping, Swimming Pool, Tennis Court, T-Station, Walk/Jog Trails
  • Basement Features: Full
  • Common Appliances: Washer Hookup

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 208800
  • Gross Expenses: 32719
  • Electric Expenses: 3475
  • Water/Sewer: 2123
  • INSC: 1955
  • Miscellaneous Expense: 3000
  • Net Operating Income: 176081

Utilities

  • Utility Connections: for Gas Dryer, for Gas Range, Washer Hookup
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 1

Unit 3 Description

  • Under Lease: No
  • Floors: 1

Unit 4 Description

  • Under Lease: No
  • Floors: 1

Construction

  • Year Built: 1910
  • Type: 5-9 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Poured Concrete
  • Flooring Type: Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73227694
  • Last Updated: 04/28/24

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Map

Seller's Representative: Ella Goren, Sunrise Realty & Investment LLC
Sub Agent Compensation: n/a
Buyer Agent Compensation: 1
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 2024-04-28 03:05:00

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