175 Florence Street

Boston, MA, 02131

$1,395,000

$452 per ft²
$1,395,000
$452 per ft²
Active
Active
 - For Sale
beds
8 Beds
baths
4 Baths
carpenters-square
3,080 ft²
property_type
Multi-family
calendar
Built 1970
ATTENTION INVESTORS: STUNNING, NICELY UPDATED 4-UNIT BUILDING IN A TOP ROSLINDALE VILLAGE LOCATION!!! THIS BUILDING IS A CASH COW AND TURNKEY FOR THE NEXT OWNER. MANY RECENT UPDATES: NEW ROOF, NEW HIGH-EFFICIENCY GAS BOILER, NEW APPLIANCES & GRANITE COUNTERS IN THE KITCHENS, LEAD INSPECTION COMPLIANCE LETTERS IN HAND, 4 CAR GARAGE + OFF-STREET PARKING & REAR PORCHES! THIS IS A GREAT TROPHY BUILDING THAT OFFERS A TOP LOCATION NEAR ROSLINDALE VILLAGE AND THE COMMUTER TRAIN TO BOSTON!!! UNIT MIX IS (4) 2-BEDROOM APARTMENTS WITH 4 FULL BATHS. INCOME IS $111,240/YEAR WITH EXPENSES OF $27,067. THE NOI IS $84,173. THE ESTIMATED CAP RATE IS 6%. THIS IS AN IDEAL 1031 EXCHANGE OR A NICE LONG-TERM INVESTMENT FOR A BUY-AND-HOLD. THIS IS A VERY STABLE, RISK-AVERSE INVESTMENT OPPORTUNITY!
MLS® ID:
73002876
Listed:
6/22/22
Updated:
7/1/22

Interior Features

Total Bedrooms
8
Full Bathrooms
4
Floor Description
Wood

Exterior/Building Features

Lot Size
5,449 ft² lot
Exterior Features
Porch
Lot Details
Corner Lot
Roof
Shingle
Sewer
Public Sewer

Other Property Details

Area Name
Roslindale
Taxes
$7708.75
Tax Frequency
per YEAR
HOA Amenities
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Laundromat, Bike Path, Conservation Area, Highway Access, T-Station
Garage
Yes
Garage Spaces
4
Parking
Paved Drive, Off Street
Parking Total
8.0
View
N
County
Suffolk
Water Source
Public
Pool
No
Total Stories
6
Zoning
2F-5000

 

Courtesy of Steven Musto, Insight Realty Group, Inc.

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Data last updated 5:31 PM UTC, 7/1/22

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