Stabilized Roxbury four-unit building with 12 total bedrooms and tons of upside from a rent income standpoint. Property will generate $10,856 based on approved rents. Currently generating $9,600 per month w/ two underperforming units that are occupied by long-term tenants. Limited CapEx to eclipse $13k+ per month in rent income (e.g. fresh paint, new fixtures). Expected low vacancy and high appreciation potential based on market trends, local development, and zoning overlay that promotes new/improved housing (Neighborhood Design Overlay District: Roxbury). The allure of this property is tons of living area square footage and a small, low-maintenance lot that essentially covers only the footprint of the building. There are two 4bd/1br units that both have two levels of living space and two 2bd/1br units that both have internal access to a full, unfinished basement. Capitalize on this functional multifamily with untapped potential that's set on a dead-end way in the heart of the city.
5,888 Sq Ft
2,780 Sq Ft Exterior Space
Investment
$10,107 Annual Tax
Built in 1900
MLS/Listing ID 73349690
6 Stories
4 Units
Storage
Living Room/Dining Room Combo
Lot - Cleared
Lot - Level
Deck
Slate
Rubber
Heating - Other
Granite
Hardwood
Varies per Unit
Cooling - Window Units
Oven
Freezer
Skylights
Listing Courtesy of COLDWELL BANKER REALTY - MILTON, MATTHEW TULLEY - 857-214-0649
Source of Data: MLS PROPERTY INFORMATION NETWORK