175 Florence Street, Boston, Massachusetts 02131
- $1,215,000
- 8
- BD
- 4
- BA
- 3,080
- SqFt
- Sold Price
- $1,215,000
- List Price
- $1,395,000
- Status
- SOLD
- MLS#
- 73002876
- Bedrooms
- 8
- Bathrooms
- 4
- Full Baths
- 4
- Living Area
- 3,080
- Lot Size (Acres)
- 0.13
- Year Built
- 1970
Property Description
ATTENTION INVESTORS: STUNNING, NICELY UPDATED 4-UNIT BUILDING IN A TOP ROSLINDALE VILLAGE LOCATION!!! THIS BUILDING IS A CASH COW AND TURNKEY FOR THE NEXT OWNER. MANY RECENT UPDATES: NEW ROOF, NEW HIGH-EFFICIENCY GAS BOILER, NEW APPLIANCES & GRANITE COUNTERS IN THE KITCHENS, LEAD INSPECTION COMPLIANCE LETTERS IN HAND, 4 CAR GARAGE + OFF-STREET PARKING & REAR PORCHES! THIS IS A GREAT TROPHY BUILDING THAT OFFERS A TOP LOCATION NEAR ROSLINDALE VILLAGE AND THE COMMUTER TRAIN TO BOSTON!!! UNIT MIX IS (4) 2-BEDROOM APARTMENTS WITH 4 FULL BATHS. INCOME IS $111,240/YEAR WITH EXPENSES OF $27,067. THE NOI IS $84,173. THE ESTIMATED CAP RATE IS 6%. THIS IS AN IDEAL 1031 EXCHANGE OR A NICE LONG-TERM INVESTMENT FOR A BUY-AND-HOLD. THIS IS A VERY STABLE, RISK-AVERSE INVESTMENT OPPORTUNITY!
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Additional Information
- Area
- Roslindale
- Taxes
- $7,708
- Water
- City/Town Water
- Sewer
- City/Town Sewer
- Buyer Agency Compensation
- 2.0
- Other Agent Compensation
- 2.0
- Compensation Based On
- Net Sale Price
- Sub Agency Offered
- No
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Listing courtesy of Insight Realty Group, Inc.. Selling Office: .