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Listing Details
- $1,225,000
- MLS# 73532156
- Type Multi Unit - Multiple
- Status Active
Listed By
Agency Name: Coldwell Banker Realty - Waltham
Agent Name: Dean Santangelo
Agency Phone: 781-893-0808
Shown By
Agency Title: Donahue Real Estate Co.
Agency Phone: 781-251-0080
Home Value Estimate
Description
Great opportunity to acquire a fully licensed, fully occupied 14-unit income property at 19 Clinton Avenue, generating $192,600 in gross annual rent and a strong 10.2% cap rate at the $1,225,000 asking price. The property is configured as four self-contained apartments (two 2-bedrooms and two 1-bedrooms) plus a ten-room rooming-house component, providing a powerful blend of stable apartments and per-room rentals for great cash flow. Whether you're an investor looking to plug an immediate $124,915 NOI into your portfolio, or a buyer looking to reposition, 19 Clinton Avenue is a turn-key opportunity in a stabilized building with real upsid...read more
Features
- 4.0 Stories
- $10,562 Taxes
- Public
- Built in 1899
Gallery
Listed By
Agency Name: Coldwell Banker Realty - Waltham
Agent Name: Dean Santangelo
Agency Phone: 781-893-0808
Shown By
Agency Title: Donahue Real Estate Co.
Agency Phone: 781-251-0080
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