ADDRESS
1330 Boylston St.,
Chestnut Hill, MA, 02467
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$6,500,000
102 Days Online
108-122 Lafayette Salem, MA 01970
For Sale|Commercial Sale|Pending
0
Beds
0
Full Baths
0
Partial Baths
—
SqFt
—
/SqFt
1915
Built
County:
Essex
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Looking for cash flow? This mixed-use property is a rare gem, boasting not only six (6) commercial spaces but also a thriving fifty seven (57) room rooming house. The rooming house consists of thirty three (33) rooms with private baths and twenty four (24) with shared baths. Using 2023 income this property is being offered at a 9.7% cap rate with projected rents for 2024 bringing to a 10.8% cap rate. A 5% vacancy has already been factored into the gross revenue. The first floor office and laundromat are currently being run by the owners and are included in the sale. The Landlord is responsible for all utilities for the rooming house and heat/hw and water/sewer for the commercial spaces. **THIS PROPERTY IS TO BE SOLD WITH 286 WASHINGTON ST MLS# 73264544**. Seller is open to exploring a seller financing deal for the right buyer. See attached for income/expenses and a rent roll of the commercial space. Rooming house rent rolls change weekly but can be provided upon request.
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Listing Snapshot
Price
$6,500,000
Days Online
102 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.18 Acres
Year Built
1915
MLS® Number
73264543
Status
Pending
Property Tax
$48,417
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 5 days ago | Status changed to Pending | |
| 3 months ago | Listing first seen online | |
| 3 months ago | Listing updated with changes from the MLS® |
General Features
Acres
0.18
Contingency
Pending P&S
Parking Spaces
6
Sewer
Public Sewer
Utilities
Natural Gas Available
Water Source
Public
Zoning
Legal Conforming
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Exterior Features
Roof
Rubber
Listing courtesy of Francesca Little of Little & Co., REALTORS®
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
Data Last Updated at 2024-10-26 12:00 AM UTC
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
Data Last Updated at 2024-10-26 12:00 AM UTC
Neighborhood & Commute
Source: Walkscore
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