71R Walnut Park, Boston, MA 02119
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$1,550,000
3 Unit
14 Beds
5 Baths
4855 SQFT
0.15 Acre

Property Description

CASH COW! Exceptional Investment Opportunity: TURN-KEY de-leaded stabilized spacious Roxbury/JP Line 3-Family building with 14 Bedrooms and a parking lot that can fit 7+ vehicles! This building was renovated in 2016 and features top dollar market rents with solid leases. Unit 1: 4 bed/1 bath @ $4,000/month, Unit 2: 5 bed/1.5 bath rented @ $4300/month & Unit 3: 5 bed/1.5 bath rented @ $4300/month. Parking rent can bring in an additional $10K & provides an additional value ad for the building. This mammoth, de-leaded building yields an impressive annual gross income nearing $152,000 with substantial potential for further growth. Renovated in 2016, each unit showcases modern amenities including updated electrical and plumbing systems, a durable flat rubber roof, renovated kitchens, contemporary bathrooms, and efficient forced hot air systems. Potential for a 4th basement unit! Multiple public transit options nearby! Great investment opportunity that is cash flowing!!

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 14
  • Total Full Baths: 3
  • Total Half Baths: 2
  • Amenities: Bike Path, Golf Course, Highway Access, House of Worship, Laundromat, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, Tennis Court, T-Station, University, Walk/Jog Trails
  • Basement Features: Full

Financial

  • APOD Available: Yes
  • Expenses Source: Pro. Forma Available
  • Gross Operating Income: 151200
  • Net Operating Income: 151200

Utilities

  • 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: 1

Unit 3 Description

  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1905
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Other (See Remarks)
  • Roof Material: Rubber
  • Flooring Type: Hardwood
  • Lead Paint: Certified Treated
  • Warranty: No

Other Information

  • MLS ID# 73166850
  • Last Updated: 03/25/24

Property History tap to expand

Date Event Price Price/Sq Ft Source
05/30/2024Killed$1,525,000$314MLSPIN
05/30/2024Killed$1,525,000$314MLSPIN
05/16/2024Sold$1,550,000$319MLSPIN
04/17/2024Under Agreement$1,549,999$319MLSPIN
04/08/2024Contingent$1,549,999$319MLSPIN
04/04/2024Active$1,549,999$319MLSPIN
03/25/2024Active$1,550,000$319MLSPIN
03/21/2024Price Change$1,550,000$319MLSPIN
02/17/2024Active$1,599,999$330MLSPIN
02/13/2024Price Change$1,599,999$330MLSPIN
11/14/2023Active$1,495,000$308MLSPIN
11/10/2023Price Change$1,495,000$308MLSPIN
10/08/2023Active$1,499,999$309MLSPIN
10/04/2023New$1,499,999$309MLSPIN
10/04/2023Temporarily Withdrawn$1,525,000$314MLSPIN
11/06/2022Active$1,525,000$314MLSPIN
11/02/2022Price Change$1,525,000$314MLSPIN
08/21/2022Active$1,575,000$324MLSPIN
08/21/2022Active$1,550,000$319MLSPIN
08/17/2022Price Change$1,575,000$324MLSPIN
07/17/2022Active$1,595,000$329MLSPIN
07/13/2022Price Change$1,595,000$329MLSPIN
06/19/2022Active$1,595,000$329MLSPIN
06/19/2022Active$1,625,000$335MLSPIN
06/15/2022New$1,625,000$335MLSPIN

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Seller's Representative: Markese Daise, Stony Brook & Lennox Realty Advisors
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: 2
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2024-03-25 04:05:00

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