11a-15 Linden Street, Boston, MA
Not Available - Off MarketPrice Reduced $290,000
0
This Property is No Longer Available
11a-15 Linden Street, Boston, MA 02134
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$4,010,000
8 Unit
27 Beds
9 Baths
6759 SQFT
0.10 Acre

Property Description

Welcome to the heart of Allston's transformation! This remarkable real estate opportunity presents two multifamily properties, each boasting a zoning capacity of 4-6 units. Nestled within the vibrant Allston revitalization project, this location offers an exciting array of possibilities. Whether you choose to maintain the current rental income, convert the units into desirable condos, or embark on an ambitious development project, the potential is boundless. Imagine building upward, capitalizing on the neighborhood's rising popularity. Don't miss your chance to be a part of Allston's future—seize this investment now!

Property Details tap to expand

Building Information

  • Total Units: 8
  • Total Floors: 4
  • Total Bedrooms: 27
  • Total Full Baths: 8
  • Total Half Baths: 1
  • Amenities: Bike Path, Highway Access, House of Worship, Laundromat, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, T-Station, University, Walk/Jog Trails
  • Basement Features: Partially Finished, Unfinished Basement

Financial

  • APOD Available: Yes
  • Gross Operating Income: 205800
  • Gross Expenses: 38541
  • Electric Expenses: 557
  • Water/Sewer: 15674
  • INSC: 9100
  • Repairs & Maintenance: 3805
  • Management Fee: 9000
  • Miscellaneous Expense: 405
  • Net Operating Income: 167259

Utilities

  • Heat Zones: 8
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 5-9 Family
  • Construction Type: Aluminum, Brick, Frame
  • Foundation Info: Poured Concrete
  • Roof Material: Rubber
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73135720
  • Last Updated: 11/01/23
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
11/01/2023Expired$4,010,000$593MLSPIN
09/27/2023Active$4,010,000$593MLSPIN
09/23/2023Price Change$4,010,000$593MLSPIN
08/26/2023Active$4,150,000$614MLSPIN
08/22/2023Price Change$4,150,000$614MLSPIN
07/17/2023Active$4,300,000$636MLSPIN
07/13/2023New$4,300,000$636MLSPIN

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Seller's Representative: Ron Bourgeois, Unlock Real Estate
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2.0
Facilitator Compensation: 1.0
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2023-11-01 03:06:00

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