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1317-1325 Blue Hill Ave, Boston, MA 02126

$2,800,000

  • For Sale
  • Under Contract
  • Multi-Family
  • 13 Units
  • 39 Total Beds
  • 0.29 Acres
  • 3 Car Garage
1317-1325 Blue Hill Ave, Boston, MA 02126 View this property at 1317-1325 Blue Hill Ave, Boston, MA 02126
1317-1325 Blue Hill Ave Boston MA 02126

Property Description

Attention Investors: Turnkey, 100% leased condo-quality 13 unit apartment complex built in 2005! Property features 65 rooms, 39 bedrooms, 28 bathrooms, 3 garages and 11 parking spots total. Many rents below market so lot's of upside for next owner. Property consists of 2 adjacent buildings, (5 units & 8 units) All units are 3 bedrooms,1.5 to 2.5 baths, approximately 1500 Sq. ft. with granite countertops, stainless appliances, washer dryer hookup, central A/C. Nothing needed! Individually metered gas heat and electric for each unit. Live-in super with 6 month lease will stay on if desired. Buildings built 2005 so they are lead-paint free! Exteriors brick & vinyl siding with flat rubber roofs. New owner has nice flexibility as a buy & hold
or potential condo flip. Current annual income $301,000! Approx. NOI $204,000! Current cap rate @ 7.3% with 9% potential. Fully rented and renovated with a live-in manager so just sit back and collect the rents!

Full Property Details for 1317-1325 Blue Hill Ave

  • Price: $2,800,000
  • Taxes: $29,071 (2017)
  • Status: Under Contract
  • Type: Multi-Family
  • MLS ID: 72082704
  • Updated: 10/30/2016
  • Added: 51 day(s) ago

Property History

  • 1317-1325 Blue Hill Ave, Boston, MA
  • Listed at $2,800,000 on 10/18/16

Rooms

Bathrooms

  • Total Bathrooms: 26
  • Full Bathrooms: 20
  • Half Bathrooms: 6

Bedrooms

  • Total Bedrooms: 39

Parking

  • Garage: Yes
  • Garage Spaces: 3
  • Parking Features: Off-Street, Assigned, Paved Driveway

Location

  • County: Suffolk

Structural Information

  • Architectural Style: 5+ Family - 5+ Units Side by Side
  • Stories Description: 2
  • Square Feet: 20,502
  • Year Built: 2005

Lot Features

  • Lot Size (Acres): 0.29
  • Lot Size (Sq. Ft.): 12,483

Financial Considerations

  • Tax Amount: $29,071
  • Tax Year: 2017

Listed by Tamkin Real Estate, Laurence Tamkin

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Estimate the Cost

1317-1325 Blue Hill Ave will cost you if you:

  • Buy it at list price: $
  • Put down a % down payment : $
  • Pay at a interest rate over

  • Pay $ per year in insurance and $ per year in property taxes.

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In the Community

Nearby Schools

1317-1325 Blue Hill Ave, Boston, MA 02126 (MLS# 72082704) is a Multi-Family property with 13 units containing 39 bedrooms, 20 full bathrooms and 6 partial bathrooms. 1317-1325 Blue Hill Ave is currently listed for $2,800,000 and was received on October 18, 2016. Want to learn more about 1317-1325 Blue Hill Ave? Do you have questions about finding other Multi-Family real estate for sale in Boston? You can browse all Boston real estate or contact a Coldwell Banker agent to request more information.

Listed by Tamkin Real Estate, Laurence Tamkin

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