$3,095,000

House for sale Boston
Property photo number 1 of 6 Photos for Property. File  98480163_29_e79220e589dee4f202336204ae2a5844.jpeg

Overview

SUMMARY: Discover an opportunity with this Boston house for sale and available for $3,095,000. This could be your next ideal home or a smart investment. More details await.
Now offered at $3,095,000. Prime Mission Hill mixed-use investment, corner lot steps to the Longwood Medical Area (LMA) and universities. This fully stabilized 6-unit asset generates $186,694 in NOI, offered at a compelling 6.0% CAP RATE. The commercial income is de-risked by
two long-term leases with contractual rent escalations. The anchor market tenant's lease is extended to 2031 and includes a tax-stop clause, protecting ownership from future expense growth. Significant upside exists via strategic residential renovations to attract high-income LMA professionals from the new lab facility next door. Future potential to add a premium roof deck with skyline views (full stair/headhouse access in place). A proven cash-flow performer in an A+ transit-oriented location. Full Offering Memorandum available upon request. Do not disturb tenants. Showings by appointment only.

Boston MA 02115

10 bedroom house for sale

  • Beds: 10
  • Baths: 4.5
  • Price: $3,095,000
  • Area: 4,740 sqft

Location

Boston MA 02115

10 bedroom house for sale

For Your Home


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