This Property is No Longer Available
64 Ridgemont Street, Boston, MA 02134
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$1,198,000
2 Unit
6 Beds
2 Baths
2352 SQFT
0.16 Acre

Property Description

Home owner and Investor take attention!!! A solid 2-family building sits on a beautiful lot at the end of street, next to a green field. Private yard, 3 spacious bedrooms, living room and eat in kitchen in each unit, study in #2, wood floor throughout. #1 bathroom was built in 2023. Two car garage. Finished recording studio in the basement for entertaining. The Same group of tenants have lived here for over 10 years. Now part of them renewed for #1 till 8/31/2025 at $2950, and the other are ready to move on. Garage rent $4500 for the year. Both #2 & garage leases end on 8/31/2024 and will be delivered vacant. Prime location, 0.4 mile to the new MBTA Station, 0.5 mile to Boston Landing, 0.7 mile to Brighton Center, easy access to restaurants, shops and entertainment. Perfect to live in one unit and collect rent from another. A great development project too because of the prime location and the unique lot. Sell as is

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 6
  • Total Full Baths: 2
  • Amenities: Highway Access, Medical Facility, Public School, Public Transportation, Shopping, T-Station, University
  • Basement Features: Full, Partially Finished, Walk Out
  • Common Rooms: Kitchen, Living Room, Office/Den
  • Common Heating: Extra Flue, Gas, Heat Pump

Financial

  • APOD Available: No
  • Expenses Source: Estimated
  • Gross Operating Income: 71700
  • Gross Expenses: 3000
  • INSC: 2300
  • Repairs & Maintenance: 600
  • Net Operating Income: 68700

Utilities

  • Electric Info: 110 Volts, 60 Amps/Less, Individually Metered, None, On-Site
  • Water: Community Well, Public
  • Sewer: City/Town Sewer, Private

Unit 1 Description

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

Unit 2 Description

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

Construction

  • Year Built: 1960
  • Type: 2 Family - 2 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Other (See Remarks)
  • Flooring Type: Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73272079
  • Last Updated: 08/10/24

Property History tap to expand

Date Event Price Price/Sq Ft Source
08/10/2024Canceled$1,198,000$509MLSPIN
08/07/2024Temporarily Withdrawn$1,198,000$509MLSPIN
08/05/2024Active$1,198,000$509MLSPIN
08/01/2024New$1,198,000$509MLSPIN

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Seller's Representative: Janice Ye, Cambridge International Realty, LLC
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: n/a
Compensation Based On: Gross/Full Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2024-08-10 11:33:00

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