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83-85 Highland Street
Boston, MA 02119

$2,450,000

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Listing Details

  • $2,450,000
  • MLS# 73577201
  • Type Multi Unit - Multiple
  • Status Active
  • 15
    Bedrooms
  • 6 full
    Bathrooms
  • 5,748
    Square Feet
  • 0.044 acres
    Lot Size
  • 1900
    Year Built

Listed By

Agency Name: Compass
Agent Name: Mission Realty Advisors
Agency Phone: 617-752-6845

Shown By

Agency Title: Donahue Real Estate Co.
Agency Phone: 781-251-0080

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Home Value Estimate


Description

Rarely available at this scale, this substantial Fort Hill three-family offers 15 bedrooms, 6 bathrooms, nearly 5,750 square feet of rentable living area, strong in-place income, and a current 6.76% cap rate in one of Bostons most strategically located rental markets. Each of the three expansive residences features 5 bedrooms and 2 full bathrooms, with renovated kitchens and 2 full bathrooms and the added convenience of in-unit laundry. Fully leased through August 31, 2027, the property currently generates $16,725 per month and $200,700 in annual gross rental income, providing immediate, stabilized cash flow with a projected 7.28% cap rate...read more

Features

  • Oven
  • Dishwasher
  • Disposal
  • Microwave
  • Refrigerator
  • Washer
  • Dryer
  • Central Air, Window Unit(s)
  • Wood
  • Hardwood
  • Natural Gas
  • 3.0 Stories
  • $12,776 Taxes
  • Public
  • Built in 1900

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