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Home Massachusetts Multi-Family Homes for Sale

71R Walnut Park Boston, MA 02119
445 Days on Jacob Realty
36
$1,550,000
Total Beds: 14 Total Baths: 5
Total Units: 3 SQFT: 4855
LOT size: 0.15 Acres
71R Walnut Park
Boston, MA 02119
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Property Description

CASH COW! Exceptional Investment Opportunity: TURN-KEY de-leaded stabilized spacious Roxbury/JP Line 3-Family building with 14 Bedrooms and a parking lot that can fit 7+ vehicles! This building was renovated in 2016 and features top dollar market rents with solid leases. Unit 1: 4 bed/1 bath @ $4,000/month, Unit 2: 5 bed/1.5 bath rented @ $4300/month & Unit 3: 5 bed/1.5 bath rented @ $4300/month. Parking rent can bring in an additional $10K & provides an additional value ad for the building. This mammoth, de-leaded building yields an impressive annual gross income nearing $152,000 with substantial potential for further growth. Renovated in 2016, each unit showcases modern amenities including updated electrical and plumbing systems, a durable flat rubber roof, renovated kitchens, contemporary bathrooms, and efficient forced hot air systems. Potential for a 4th basement unit! Multiple public transit options nearby! Great investment opportunity that is cash flowing!!
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Property Details

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 14
  • Total Full Baths: 3
  • Total Half Baths: 2
  • Amenities: Bike Path, Golf Course, Highway Access, House of Worship, Laundromat, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, Tennis Court, T-Station, University, Walk/Jog Trails
  • Basement Features: Full

Financial

  • APOD Available: Yes
  • Expenses Source: Pro. Forma Available
  • Gross Operating Income: 151200
  • Net Operating Income: 151200

Utilities

  • 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: 1

Unit 3 Description

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

Construction

  • Year Built: 1905
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Other (See Remarks)
  • Roof Material: Rubber
  • Flooring Type: Hardwood
  • Lead Paint: Certified Treated
  • Warranty: No

Other Information

  • MLS ID# 73166850
  • Last Updated: 03/25/24

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Map

Seller's Representative: Markese Daise, Stony Brook & Lennox Realty Advisors
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: 2
Compensation Based On: Net 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 2024-03-25 04:05:00

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