Very rare opportunity to purchase a gut renovation six-family rowhouse, fully leased and 100% turn key! Construction was recently completed and included new windows, central HVAC with air conditioning in each unit, new plumbing, new electrical and designer finishes throughout. Highlights include chef's kitchens with quartz counters, professional style Fisher & Paykel appliances, gas cooking, contemporary cabinetry, designer baths with large format floor and wall tiles, hardwood flooring, custom closets and in-unit laundry. The buildings common areas are redone while retaining original details including stained and leaded glass. Superior life safety with sprinkler and fire alarm systems. 3 car surface parking accessed from the rear alley. All units are leased through mid 2023 with gross income eclipsing $264,000 annually. Pro-Forma Available.
Sold
$4,660,000
535 Newbury St, Boston, MA 02215
8beds
4,594sqft
5-9 Family
Built in 1904
-- sqft lot
$-- Zestimate®
$1,014/sqft
$3,202 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: December 20, 2022 at 10:38am
Listed by:
The Residential Group,
William Raveis R.E. & Home Services
Bought with:
Robb Silva
William Raveis R.E. & Home Services
Source: MLS PIN,MLS#: 73041752
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 7
- Full bathrooms: 7
Heating
- Has Heating (Unspecified Type)
Cooling
- Has cooling: Yes
Appliances
- Laundry: Washer Hookup
Features
- Flooring: Tile, Hardwood
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 4,594
- Total interior livable area: 4,594 sqft
Property
Parking
- Total spaces: 3
- Parking features: Off Street
Lot
- Size: 1,948 sqft
- Features: Zero Lot Line
Details
- Parcel number: 3361384
- Zoning: H-4
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5-9 Family
Materials
- Foundation: Other
- Roof: Rubber
Condition
- Year built: 1904
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range, for Electric Dryer, Washer Hookup
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
Location
- Region: Boston
HOA & financial
Other financial information
- Total actual rent: 22075