This Property is No Longer Available
175-179 Wolcott Sq, Boston, MA 02136
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$2,500,000
Type: Mixed Use
Lease Type N/A
5166 Bldg. SQFT
4 Restroom
Parking: N/A

Property Description

Well-located investment opportunity for immediate cash flow and excellent long-term growth in an expanding market. A mix of retail and residential uses creates lower risk. Current capitalization rate is 5.5% with an immediate opportunity to increase apartment rents. The liquor store is under a 25 year lease at approx $31/fooot with 19.7 years remaining. The retail lease is triple net with price index increases every 3 years. This prime location in the Readville area of Hyde Park has immediate access to the Readville commuter rail station only two hundred yards away. It very well-positioned between Milton to the east and Dedham to the west. There will be two group showings: Thursday October 24 at 11am until noon. Tuesday October 29 from noon until 1pm. Register with the Seller's broker. Offers will be reviewed on Friday, Nov 1

Property Details tap to expand

Property Information

  • Type: Mixed Use
  • Location: Legal Conforming
  • MLS ID#: 73304453

Financial

  • Gross Annual Expenses: 25100
  • Gross Annual Income: 166700
  • Net Operating Income: 141600

Building Information

  • Total SQFT: 5166
  • Total Restrooms: 4

Construction & Utilities

  • Utilities: Natural Gas, Public Sewer, Public Water

Property History tap to expand

Date Event Price Price/Sq Ft Source
05/31/2025Expired$2,500,000$484MLSPIN
11/08/2024Temporarily Withdrawn$2,500,000$484MLSPIN
10/25/2024Active$2,500,000$484MLSPIN
10/21/2024New$2,500,000$484MLSPIN
06/29/2024Expired$2,750,000$539MLSPIN
06/09/2024Active$2,750,000$539MLSPIN
06/05/2024Price Change$2,750,000$539MLSPIN
04/30/2024Active$1$0MLSPIN
04/26/2024New$1$0MLSPIN
01/01/2024Expired$2,750,000$539MLSPIN
09/11/2023Active$2,750,000$539MLSPIN
09/07/2023New$2,750,000$539MLSPIN

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Seller's Representative: John Maxfield, Maxfield & Company Real Estate
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2.5
Facilitator Compensation: 2.5
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-05-31 03:05:00

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