150 Walnut Ave, Boston, MA 02119
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$2,199,998
6 Unit
17 Beds
6 Baths
6687 SQFT
0.10 Acre

Property Description

This is a great building in a great location! 5 to 20 minutes to most parts of the City. This 6 Unit brick, flat roof (15 years old), corner lot residential building in the heart of Roxbury is a solid investment. Across from newly renovated Malcolm X Park. 5 to 8 minutes to Boston Medical Center and 15 to 20 minutes to the Airport. Most major Colleges and Universities are very close and Cambridge is 20 to 30 minutes all depending on traffic. This is a great building in a great location! Each unit has 3 nicely sized bedrooms and 1 bathroom. Current rents are below market (1R $1950, 1L $3200, 2R $1600, 2L $2000, 3R $2100, 3L $2250). Can be delivered with 2 vacancies. Property does need some upgrades. Has newly installed heating/hot water systems (2-3 yrs. old) and the roof is 15 years old. This could be a great condo conversion the potential is incredible. Property is being sold "As Is".

Property Details tap to expand

Building Information

  • Total Units: 6
  • Total Floors: 9
  • Total Bedrooms: 17
  • Total Full Baths: 6
  • Amenities: Golf Course, Highway Access, House of Worship, Medical Facility, Park, Public School, Public Transportation, Shopping, Swimming Pool, Tennis Court, T-Station, University, Walk/Jog Trails
  • Common Interior Features: Tile Floor
  • Common Appliances: Dryer, Washer

Financial

  • APOD Available: No
  • Expenses Source: Estimated
  • Gross Operating Income: 157200
  • Gross Expenses: 25485
  • Net Operating Income: 131715

Utilities

  • 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: 1
  • Levels: 1

Unit 3 Description

  • Floors: 2
  • Levels: 1

Unit 4 Description

  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1920
  • Type: 5-9 Family
  • Construction Type: Brick
  • Foundation Info: Slab
  • Roof Material: Rubber
  • Flooring Type: Hardwood, Tile, Vinyl
  • Lead Paint: Certified Treated
  • Warranty: No

Other Information

  • MLS ID# 73203712
  • Last Updated: 04/26/24

Property History tap to expand

Date Event Price Price/Sq Ft Source
04/26/2024Active$2,199,998$329MLSPIN
04/22/2024Back on Market$2,199,998$329MLSPIN
04/09/2024Under Agreement$2,199,998$329MLSPIN
02/24/2024Active$2,199,998$329MLSPIN
02/20/2024New$2,199,998$329MLSPIN

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Seller's Representative: Paige Thompson, Coldwell Banker Realty - Milton
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2 %
Facilitator Compensation: 1 %
Compensation Based On: Gross/Full Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2024-04-26 03:05:00

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