Not Available - Off Market
10
This Property is No Longer Available
857 Blue Hill Ave, Boston, MA 02124
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$900,000
3 Unit
6 Beds
3 Baths
3231 SQFT
0.06 Acre

Property Description

Prime Investment Opportunity on Blue Hill Ave! Seize the chance to transform this 3-unit multifamily property on Blue Hill Ave, Boston, MA, offering a rare blend of immediate rental income and significant renovation potential. Featuring 9 bedrooms and 3 bathrooms across 3,231 sq ft, this property is ideal for developers and investors seeking to capitalize on the area's strong rental demand and equity-building opportunities. Key Features: Current Income: Two units are occupied by paying tenants on month-to-month leases, generating combined $5,500 per month. Tenants have been notified of the sale and served their 30-day notice to vacate. The new owner can choose to retain the tenants or move forward with vacant possession. Flexible Potential: Each unit offers spacious layouts, perfect for attracting future tenants or tailoring to multi-family living arrangements. As-Is Sale: The property is sold as-is, with probate proceedings currently underway.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 6
  • Total Full Baths: 3
  • Amenities: Park, Public School, Public Transportation, Shopping, Swimming Pool, Tennis Court, T-Station, University, Walk/Jog Trails
  • Basement Features: Full

Financial

  • APOD Available: No
  • Gross Operating Income: 66000
  • Net Operating Income: 66000

Utilities

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

Unit 1 Description

  • Under Lease: No

Unit 2 Description

  • Under Lease: No

Unit 3 Description

  • Under Lease: Yes

Construction

  • Year Built: 1910
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Poured Concrete
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73319593
  • Last Updated: 12/16/24

Property History tap to expand

Date Event Price Price/Sq Ft Source
12/16/2024Under Agreement$900,000$279MLSPIN
12/16/2024Active$900,000$279MLSPIN
12/12/2024Price Change$900,000$279MLSPIN
12/28/2022Expired$989,000$306MLSPIN
07/01/2022Active$989,000$306MLSPIN
06/27/2022New$989,000$306MLSPIN

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Seller's Representative: Maron Team, Maron Realty
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 2024-12-16 20:30:00

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