Rarely does a stabilized four-family come to market with this combination of location, income, and upside. Positioned steps from Cedar Park and the commuter rail, this well-maintained asset delivers immediate cash flow with a clear value-add runway. The building offers 4,154 sq ft across four fully occupied units: three identical 1-bed/1-bath apartments and one, two-level 3-bed/1-bath renovated within the last year. The total rent income is $8,925/month, major systems have been upgraded and utilities separated out to each unit. Cosmetic upgrades for the two, first floor units present a straightforward path to bring rents to market upon turnover. Four off-street parking spaces, coin-op laundry, and consistent capital improvements over the past decade round out a compelling profile. For the long-term holder or condo converter, this is the kind of north-of-Boston multifamily with lots of potentials hard to overlook.
4,154 Sq Ft
4,752 Sq Ft Dimensione del lotto
investimento
923 USD Imposta mensile
Costruito in 1900
MLS/ID annuncio 73530094
5 Storie
4 Unità
Construction - Stone
Community - Park
Piscina comunitaria
Community - Public Transportation
Community - Shopping
Community - Tennis Courts
Lavastoviglie
Smaltimento
Gamma
Cappa aspirante
Frigorifero
Public Sewer
Shingle
Deck - Legno
Soggiorno
Bagno con vasca e doccia
Heating - Unit Control
Community - Public School
Community - Private School
Community - Medical Facility
Community - Laundromat
Community - Conservation Area
Ponte
Parking - Off Street
Parking - Paved
Lot - Gentle Sloping
Dispensa
Deposito
Heating - Baseboard
Heating - Natural Gas
Stone
Legno massello
Public Water
Construction - Frame
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