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40-42 Presentation Rd, Boston, MA 02135
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$1,119,900
2 Unit
4 Beds
2 Baths
2506 SQFT
0.10 Acre

Property Description

Incredible opportunity to own a turnkey investment in Brighton's charming Oak Square! This spacious two-family is an excellent addition to your portfolio. Each unit features a bonus room allowing them to be rented as 3 bedrooms with plenty of living space, plus the opportunity to make cosmetic improvements to increase rents. Gas boilers from 2007, water heaters from 2014/2020, dry basement, and updated electrical panels providing 100 amps per unit. This property offers two floors of finished living space, ample storage, and a serene backyard. Large living rooms, dining rooms, and laundry in each unit. Both units are leased until 8/31/2024 for a total of $5800/month with room to grow. Impeccable rental history for many years with room to expand living space into the walk-up attic. Just turn the key and start collecting rent! Situated near the Brighton/Newton line just steps from Oak Square and 2 minutes from popular commuter routes. Make this home your next great investment!

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 4
  • Total Full Baths: 2
  • Amenities: Bike Path, Golf Course, Highway Access, Medical Facility, Public Transportation, Shopping, Walk/Jog Trails
  • Basement Features: Concrete Floor, Full, Slab
  • Common Rooms: Other (See Remarks)

Financial

  • APOD Available: No
  • Gross Operating Income: 69600
  • Net Operating Income: 69600

Utilities

  • Heat Zones: 2
  • Electric Info: 200 Amps, Circuit Breakers, Underground
  • Energy Features: Other (See Remarks), Varies per Unit
  • Utility Connections: for Electric Dryer, for Gas Range
  • Water: City/Town Water, Private
  • 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: 1925
  • Type: 2 Family - 2 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Concrete Block, Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Tile
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73163920
  • Last Updated: 11/16/23

Property History tap to expand

Date Event Price Price/Sq Ft Source
11/16/2023Under Agreement$1,119,900$447MLSPIN
11/02/2023Contingent$1,119,900$447MLSPIN
10/01/2023Active$1,119,900$447MLSPIN
09/27/2023New$1,119,900$447MLSPIN

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Seller's Representative: Matt Gorman, EDGE Realty Advisors
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: 1
Compensation Based On: Gross/Full Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2023-11-16 03:05:00

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