33 Gerald Rd, Boston, MA 02135
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$2,425,000
2 Unit
11 Beds
5 Baths
3900 SQFT
0.11 Acre

Property Description

Cash Cow in one of Boston most coveted street's. A projected 7.5% cap This newly renovated multifamily property offers an outstanding investment opportunity, generating 215k in annual rental income. Each unit has been thoughtfully updated with high-end stainless steel appliances and beautiful white oak floors, showcasing exceptional craftsmanship and modern style. The property is situated in a vibrant neighborhood, providing easy access to shops, cafes, and local amenities making it an ideal choice for both tenants and owners seeking convenience and comfort. With its prime location, quality finishes, and strong income history, this property is a must-see for investors looking for a turn-key asset in a highly desirable area. With beautiful finishes, central air, laundry in unit, and off street parking, the highly coveted apartments offer a rare quality allowing for an amazing rental history. Low expenses & limited management allow excellent cash flow day 1!

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 11
  • Total Full Baths: 5
  • Amenities: Laundromat, Public Transportation, University, Walk/Jog Trails
  • Basement Features: Full

Financial

  • APOD Available: No
  • Gross Operating Income: 214800
  • Net Operating Income: 214800

Utilities

  • Energy Features: Insulated Doors, Insulated Windows
  • Utility Connections: 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: 2

Construction

  • Year Built: 1920
  • Foundation Info: Concrete Block, Poured Concrete
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73314900
  • Last Updated: 11/25/24

Property History tap to expand

Date Event Price Price/Sq Ft Source
11/25/2024Active$2,425,000$622MLSPIN
11/21/2024New$2,425,000$622MLSPIN

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Seller's Representative: Lucas Santos, Riverfront REALTORSĀ®
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
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 2024-11-25 03:05:00

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