Great investment opportunity at The Hillcrest, this four-story brick building offers a substantial almost 14,000 square feet of living space on a 0.32-acre lot. The property comprises 16 residential units, providing 15 two-bedroom units and 1 one-bedroom unit and 16 parking spaces. Each unit is equipped with electric heating, simplifying maintenance by eliminating the costs associated with traditional heating systems. Residents benefit from off-street parking, with almost one space available per unit. The building's proximity to Roslindale Village station and multiple MBTA Bus routes ensures convenient access to the wider Boston. The current cap rate is over 5%, with potential for revenue enhancements through possible rent increases.
For sale
$5,999,999
237 Cummins Hwy, Roslindale, MA 02131
31beds
13,800sqft
Est.:
5-9 Family
Built in 1970
-- sqft lot
$-- Zestimate®
$435/sqft
$-- HOA
What's special
Brick buildingElectric heatingOff-street parking
- 66 days
- on Zillow |
- 308 |
- 20 |
Zillow last checked: 7 hours ago
Listing updated: April 04, 2025 at 08:03am
Listed by:
Daniel S. Lee,
Boston Plex
Source: MLS PIN,MLS#: 73344869
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 31
- Bathrooms: 16
- Full bathrooms: 16
Heating
- Electric, Unit Control
Features
- Laundry Room, High Speed Internet, Bathroom With Tub & Shower, Living Room, Kitchen
- Flooring: Wood, Carpet
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 13,800
- Total interior livable area: 13,800 sqft
- Finished area above ground: 13,800
Property
Parking
- Total spaces: 16
- Parking features: Paved Drive, Off Street, Assigned, Paved
- Has uncovered spaces: Yes
Lot
- Size: 0.32 Acres
- Features: Level
Details
- Parcel number: W:19 P:03998 S:000,1393632
- Zoning: A
- Other equipment: Intercom
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5-9 Family
Materials
- Brick
- Foundation: Concrete Perimeter
- Roof: Rubber
Condition
- Year built: 1970
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Electric Range
Community & HOA
Community
- Features: Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, Laundromat, House of Worship, Private School, Public School, T-Station
Location
- Region: Roslindale
Financial & listing details
- Price per square foot: $435/sqft
- Tax assessed value: $2,600,800
- Annual tax amount: $30,406
- Date on market: 3/26/2025
- Total actual rent: 30724
- Road surface type: Paved
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