This Property is No Longer Available
582 Cambridge St, Boston, MA 02134
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$1,600,000
3 Unit
10 Beds
4 Baths
4137 SQFT
0.14 Acre

Property Description

CALLING ALL INVESTORS! Don't miss your opportunity with this HUGE Allston 3-family. Bosting three large units- all with historically strong rents and little-to-no vacancy. There is PLENTY of opportunity to add tremendous value with light updates! Two car garage on site and deeded to the property as well! Centrally located- a short 1/2 mile to St. Elizabeth’s Hospital/Brighton Center and only a couple blocks to Allston Village.The B-line and the 57 bus are both very accessible as well making the trip to Boston University or Boston College a breeze. All three units have been recently converted to gas forced air heating (tenants pay). Units will be delivered vacant offering a perfect opportunity to renovate and stabilize at high rents for 9/1. Sold “as is.”

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 10
  • Total Full Baths: 4
  • Total Fireplaces: 4
  • Amenities: Park, Public School, Public Transportation, Shopping, T-Station, University
  • Basement Features: Unfinished Basement
  • Common Heating: Active Solar, Electric Baseboard, Hot Water Radiators
  • Common Cooling: None

Financial

  • APOD Available: Yes
  • Expenses Source: Estimated, Owner Provided
  • Gross Operating Income: 123600
  • Net Operating Income: 118800

Utilities

  • Heat Zones: 3
  • Hot Water: Natural Gas
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Other Rooms: Kitchen
  • Appliances: Dishwasher, Range, Refrigerator
  • Interior Features: Balcony/Deck, Bathroom with Shower Stall, Bathroom With Tub
  • Heating: Extra Flue, Forced Air, Gas, Heat Pump, Oil
  • Cooling: None
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Other Rooms: Kitchen
  • Appliances: Dishwasher, Range, Refrigerator
  • Interior Features: Balcony/Deck, Hardwood Floors
  • Heating: Forced Air, Oil
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 3
  • Other Rooms: Kitchen
  • Appliances: Dishwasher, Range, Refrigerator
  • Interior Features: Hardwood Floors, Upgraded Countertops
  • Heating: Forced Air, Oil
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 3 Family
  • Foundation Info: Concrete Block, Fieldstone
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73115626
  • Last Updated: 07/19/23

Property History tap to expand

Date Event Price Price/Sq Ft Source
06/29/2023Under Agreement$1,600,000$387MLSPIN
06/20/2023Contingent$1,600,000$387MLSPIN
05/28/2023Active$1,600,000$387MLSPIN
05/24/2023New$1,600,000$387MLSPIN

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Seller's Representative: Adam Mundt, Kingston Real Estate & Management
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2.5%
Facilitator Compensation: 1%
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2023-07-19 15:29:00

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