CASH COW: HUGE FULLY RENTED 3 FAMILY HOME WITH 4 BEDROOMS IN EACH UNIT. LARGE EAT-IN KITCHENS, UPDATED FORCED HOT AIR BY GAS HEATING SYSTEMS & GAS HOT WATER. FRONT & REAR PORCHES AND LOTS OF OFF STREET PARKING. SEPERATE ELECTRICAL PANELS WITH PUBLIC METER. FULLY RENTED FOR $56,424/YEAR WITH EXPENSES OF ONLY $11,793/YEAR AND A NET OPERATING INCOME OF $42,937.71!! A GREAT CAP RATE OF 9% AND AN ESTIMATED RETURN ON INVESTMETN OF 18%!!! BONUS VACANT LOT OF LAND IS INCLUDED IN THE SALE (4,000SF). A TURN KEY, FULLY RENTED MONEY MAKER!!!
Off market
$1,208,500
16 Ormond St, Mattapan, MA 02126
12beds
3baths
4,002sqft
MultiFamily
Built in 1905
-- sqft lot
$1,208,500 Zestimate®
$302/sqft
$2,849 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 3
Heating
- Forced air
Features
- Basement: Residence
Interior area
- Total interior livable area: 4,002 sqft
Property
Parking
- Parking features: Garage - Detached
Features
- Exterior features: Other
Lot
- Size: 8,276 sqft
Details
- Parcel number: MATTW14P05054S000
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Other
Condition
- Year built: 1905
Community & neighborhood
Location
- Region: Mattapan
Services availability
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,208,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,208,500