40-42 Hillside St, Boston, MA 02120
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$2,990,000
4 Unit
12 Beds
4 Baths
5774 SQFT
0.16 Acre

Property Description

Introducing 40-42 Hillside Street! An amazing Value-Add opportunity into this high barrier entry market. A four family building consisting of (1) 1+bed/1 bath, (1) 1 bed/1 bath, (2) 5 bed/1 bath apartments, and two off-street parking spaces in front of the building. All three apartments re-sanded hardwood floors, high ceilings, big bedrooms, full bathrooms and full kitchen. In the basement there is a washer and dryer. Large unfinished basement and large backyard.For the lease term of 9/1/25-8/31/26: 40 Hillside St. Unit 1 is rented for $2,600, 40 Hillside St. Unit 2 is rented for $5,400, and 42 Hillside St Unit 2 is rented for $5,600. Don't miss out on this great investment opportunity! Building is being sold ‘as-is”.

Property Details tap to expand

Building Information

  • Total Units: 4
  • Total Floors: 6
  • Total Bedrooms: 12
  • Total Full Baths: 4
  • Total Fireplaces: 1
  • Amenities: House of Worship, Medical Facility, Park, Public School, Public Transportation, Shopping, T-Station, University
  • Basement Features: Full, Partially Finished, Unfinished Basement
  • Common Rooms: Kitchen, Living Room, Office/Den
  • Common Interior Features: Bathroom With Tub & Shower, Ceiling Fans, Tile Floor
  • Common Appliances: Dishwasher, Disposal, Freezer, Range, Refrigerator, Wall Oven, Washer
  • Common Heating: Electric, Forced Air, Space Heater
  • Common Cooling: None

Financial

  • APOD Available: No
  • Expenses Source: Estimated, Owner Provided
  • Gross Operating Income: 175362
  • Gross Expenses: 59352
  • Net Operating Income: 116009

Utilities

  • Heat Zones: 4
  • Electric Info: 110 Volts, 200 Amps, On-Site
  • Energy Features: Insulated Windows, Storm Windows
  • Utility Connections: for Electric Oven, for Electric Range, for Gas Oven, for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 2

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 4 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 2

Construction

  • Year Built: 1910
  • Type: 4 Family - 4 Units Up/Down
  • Foundation Info: Concrete Block
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Tile, Wall to Wall Carpet, Wood
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73347145
  • Last Updated: 03/23/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
03/23/2025Active$2,990,000$518MLSPIN
03/19/2025New$2,990,000$518MLSPIN

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Seller's Representative: Paul Whaley/Charlie Ring Team, Coldwell Banker Realty - Boston
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2.5
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 2025-03-23 04:05:00

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