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Off market
  • $1,582,400

    755-759 Truman Hwy, Hyde Park, MA 02136

    7beds
    4,380sqft
    5-9 Family
    Built in 1940
    -- sqft lot
    $1,582,400 Zestimate®
    $361/sqft
    $3,298 Estimated rent

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    $3,298/mo

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    $9,307/mo

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    What's special

    ATTENTION INVESTORS: STUNNING COMPLETE 2014 RENOVATION OF A GORGEOUS 5 UNIT BUILDING IN A TOP HYDE PARK LOCATION!!! THIS BUILDING IS A CASH COW AND TURNKEY FOR THE NEXT OWNER. EVERYTHING HAS BEEN DONE: NEWER ROOF, SIDING, WINDOWS, PORCHES, KITCHENS, BATHS, PLUMBING, WIRING, (5) GAS FHA HEATING SYSTEMS, AND (5) GAS HOT WATER HEATERS. GREAT TROPHY BUILDING OFFERS A TOP LOCATION NEAR FAIRMOUNT HILL AND THE HYDE PARK COMMUTER TRAIN TO BOSTON!!! UNIT MIX IS (1) 3-BEDROOM DUPLEX UNIT WITH 2 FULL BATHS AND (4) 1-BEDROOM UNITS WITH GORGEOUS OPEN AND BRIGHT FLOOR PLANS, HUGE BEDROOMS, GREAT CLOSET SPACE, LARGE MODERN KITCHENS, AND MONDER DESIGNER TILE BATHS. REAR PORCHES FOR EACH UNIT AND GREAT REAR YARD. INCOME IS $115,800/YEAR WITH EXPENSES OF $17,900. THE NOI IS $95,986. THE ESTIMATED CAP RATE IS 6%. THIS IS AN IDEAL 1031 EXCHANGE OR A NICE LONG-TERM INVESTMENT FOR A BUY-AND-HOLD. THE OWNER HAS LEFT ONE UNIT VACANT FOR SHOWINGS. THIS IS A VERY STABLE, RISK-AVERSE INVESTMENT OPPORTUNITY!

    Zillow last checked: 7 hours ago

    Listing updated: August 25, 2022 at 11:54am

    Listed by:

    Michael McGuire,

    Insight Realty Group, Inc.

    Bought with:

    Team Uranus

    Gaia Realty & Advisors, LLC

    Source: MLS PIN,MLS#: 72985188

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 5
    • Full bathrooms: 5
    Features
    • Flooring: Wood
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 4,380
    • Total interior livable area: 4,380 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Paved Drive, Off Street
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Porch
    Lot
    • Size: 10,454 sqft
    Details
    • Parcel number: WARD: 18,1340384
    • Zoning: RES

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 5-9 Family
    Materials
    • Foundation: Stone
    • Roof: Shingle
    Condition
    • Year built: 1940

    Utilities & green energy

    • Electric: 100 Amp Service
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Highway Access, House of Worship, Private School, Public School, T-Station
    Location
    • Region: Hyde Park

    HOA & financial

    Other financial information
    • Total actual rent: 9700

    Other

    Other facts
    • Listing terms: Contract
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    Estimated market value
    $1,582,400