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!
Sold
$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
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
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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