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Listing Details
- $1,415,000
- MLS# 73481847
- Type Multi Unit - Multiple
- Status Active
Listed By
Agency Name: Trinity Real Estate
Agent Name: Annemarie Torcivia
Agency Phone: 781-231-9800
Shown By
Agency Title: Donahue Real Estate Co.
Agency Phone: 781-251-0080
Home Value Estimate
Description
Solid brick 4-unit mixed-use investment at 233 Washington St w/ 3 residential units on 581 Proctor Ave. At 233 Washington Ave is a 2000+ sq ft commercial dance studio with long-term tenant of 39 years. Residential units at 581 Proctor Ave include two 4-room/2-bedroom/1-bath apartments and one 6-room/3-bedroom unit with office or den. Common laundry room. Property currently operating at a strong 8% cap rate. All tenants are Section 8 with reliable income stream. All Delead Certificates in hand. Excellent cash flow, durable construction, and exceptional tenant stability make this a true investor opportunity. Dance studio leased till 2029....read more
Features
- Range
- Microwave
- Refrigerator
- Dishwasher
- Other
- None, Wall Unit(s)
- 1 Fireplace
- Wood
- Tile
- Baseboard, Natural Gas
- 4.0 Stories
- $14,000 Taxes
- Public
- Built in 1960
Gallery
Listed By
Agency Name: Trinity Real Estate
Agent Name: Annemarie Torcivia
Agency Phone: 781-231-9800
Shown By
Agency Title: Donahue Real Estate Co.
Agency Phone: 781-251-0080
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