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Home Massachusetts Multi-Family Homes for Sale

33 Gerald Rd Boston, MA 02135
31 Days on Jacob Realty
19
$2,425,000
Total Beds: 11 Total Baths: 5
Total Units: 2 SQFT: 3900
LOT size: 0.11 Acres
33 Gerald Rd
Boston, MA 02135
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Property Description

Cash Cow in one of Boston most coveted street's. A projected 7.5% cap This newly renovated multifamily property offers an outstanding investment opportunity, generating 215k in annual rental income. Each unit has been thoughtfully updated with high-end stainless steel appliances and beautiful white oak floors, showcasing exceptional craftsmanship and modern style. The property is situated in a vibrant neighborhood, providing easy access to shops, cafes, and local amenities making it an ideal choice for both tenants and owners seeking convenience and comfort. With its prime location, quality finishes, and strong income history, this property is a must-see for investors looking for a turn-key asset in a highly desirable area. With beautiful finishes, central air, laundry in unit, and off street parking, the highly coveted apartments offer a rare quality allowing for an amazing rental history. Low expenses & limited management allow excellent cash flow day 1!
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Property Details

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 11
  • Total Full Baths: 5
  • Amenities: Laundromat, Public Transportation, University, Walk/Jog Trails
  • Basement Features: Full

Financial

  • APOD Available: No
  • Gross Operating Income: 214800
  • Net Operating Income: 214800

Utilities

  • Energy Features: Insulated Doors, Insulated Windows
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

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

Unit 2 Description

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

Construction

  • Year Built: 1920
  • Foundation Info: Concrete Block, Poured Concrete
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73314900
  • Last Updated: 11/25/24

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Map

Seller's Representative: Lucas Santos, Riverfront REALTORS®
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
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 2024-11-25 03:05:00

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