Skip to content

Location filter
  • Any
  • Boston
  • Boston - Allston
  • Boston - Back Bay
  • Boston - Bay Village
  • Boston - Beacon Hill
  • Boston - Brighton
  • Boston - Charlestown
  • Boston - Chinatown
  • Boston - Dorchester
  • Boston - Downtown
  • Boston - East Boston
  • Boston - Fenway
  • Boston - Fort Hill
  • Boston - Hyde Park
  • Boston - Jamaica Plain
  • Boston - Mattapan
  • Boston - Mission Hill
  • Boston - North End
  • Boston - Roslindale
  • Boston - Roxbury
  • Boston - Seaport
  • Boston - South Boston
  • Boston - South End
  • Boston - West End
  • Boston - West Roxbury
  • Abington
  • Andover
  • Arlington
  • Belmont
  • Beverly
  • Billerica
  • Braintree
  • Bridgewater
  • Brookline
  • Burlington
  • Cambridge
  • Canton
  • Chelsea
  • Cohasset
  • Danvers
  • Dedham
  • Everett
  • Framingham
  • Gloucester
  • Hingham
  • Lawrence
  • Lexington
  • Lowell
  • Lynn
  • Lynnfield
  • Malden
  • Marlborough
  • Medford
  • Melrose
  • Methuen
  • Milton
  • Natick
  • Needham
  • Newton
  • North Reading
  • Norwood
  • Peabody
  • Pembroke
  • Plymouth
  • Quincy
  • Randolph
  • Reading
  • Revere
  • Salem
  • Saugus
  • Sharon
  • Somerville
  • Stoneham
  • Stoughton
  • Swampscott
  • Taunton
  • Wakefield
  • Waltham
  • Watertown
  • Wayland
  • Wellesley
  • Westwood
  • Weymouth
  • Wilmington
  • Winthrop
  • Woburn
Home Massachusetts Multi-Family Homes for Sale

29 Ridgewood St Boston, MA 02122
29 Ridgewood St, Boston, MA
Not Available - Off Market
0
$1,364,000
Total Beds: 13 Total Baths: 3
Total Units: 3 SQFT: 3906
LOT size: 0.09 Acres
29 Ridgewood St
Boston, MA 02122
View Map
This Property is No Longer Available

Property Description

Rare opportunity to own this CASH COW ! Massive three family with 13 Bedrooms. Currently 7% CAP rate with a lot of upward potential. All three units deleaded. Currently is rented well under market. Current BHA Pay standard is $11,175/month. Leases expire August 31. Four bedrooms on 1st and 3rd floors. 5 Bdr on the second floor. Tenants pay all utilities. Perfect for 1031 exchange, long term rental income, owner occupant or condo conversion. All units are sunny, bright, have front and back porches and recently renovated with granite kitchens, tiled bathrooms. All utilities are split. The TPO roof is 5 yo. Two oil tanks changed within last 2 years, the third is about 8yo. New water tanks. Some appliances are brand new. Large 2 car garage and parking in the back. Additional income from parking is $120/month. Less than 1/2 mile to Red Line. Many bus routes, easy access to highways, South Bay Center, Downtown and all area amenities. Very close to UMASS
Show more

Property Details

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 13
  • Total Full Baths: 3
  • Amenities: Highway Access, Laundromat, Park, Public School, Public Transportation, Shopping, T-Station, University, Walk/Jog Trails
  • Basement Features: Full, Partially Finished

Financial

  • APOD Available: Yes
  • Expenses Source: Tax Return
  • Gross Operating Income: 110590
  • Gross Expenses: 16876
  • Electric Expenses: 345
  • Water/Sewer: 2284
  • INSC: 2936
  • Net Operating Income: 93713

Utilities

  • Hot Water: Natural Gas
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

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

Unit 3 Description

  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1905
  • Type: 3 Family - 3 Units Up/Down
  • Foundation Info: Fieldstone
  • Roof Material: Rubber
  • Flooring Type: Hardwood, Laminate
  • Lead Paint: Certified Treated
  • Warranty: No

Other Information

  • MLS ID# 73100700
  • Last Updated: 06/20/23

Mortgage Calculator

Click to see breakdown

Map

Seller's Representative: Galina Barry, Keller Williams Realty
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: 1
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

© 2024 MLS Property Information Network, Inc.. All rights reserved.

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 2023-06-20 03:05:00

Related Properties