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  • $1,215,000

    175 Florence St, Roslindale, MA 02131

    8beds
    3,080sqft
    4 Family
    Built in 1970
    -- sqft lot
    $1,285,700 Zestimate®
    $394/sqft
    $-- HOA

    What's special

    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!

    Zillow last checked: 7 hours ago

    Listing updated: September 15, 2022 at 01:05pm

    Listed by:

    Steven Musto,

    Insight Realty Group, Inc.

    Bought with:

    Michael McGuire

    Insight Realty Group, Inc.

    Source: MLS PIN,MLS#: 73002876

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Features
    • Flooring: Wood
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 3,080
    • Total interior livable area: 3,080 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Paved Drive, Off Street
    • Garage spaces: 4
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Porch
    Lot
    • Size: 5,662 sqft
    • Features: Corner Lot
    Details
    • Parcel number: 1391899
    • Zoning: 2F-5000

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 4 Family
    Materials
    • Frame
    • Foundation: Other
    • Roof: Shingle
    Condition
    • Year built: 1970

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Laundromat, Bike Path, Conservation Area, Highway Access, T-Station
    Location
    • Region: Roslindale

    HOA & financial

    Other financial information
    • Total actual rent: 9270
    Services availability
    Get a cash offer in 3 minutes

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    Estimated market value

    $1,285,700

    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

    $1,285,700