MA
Suffolk
Boston
02115
820-824 Huntington Ave
820-824 Huntington Ave, Boston, MA 02115
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Listing Type
Multi Family
Listing Status
active
23
$3,195,000

Home Details for 820-824 Huntington Ave

Price
$3,195,000
Type
Residential Income
Bedrooms
10
Bathrooms
6.0
Square feet
4740
Year built
1920
Lot size acres
0.04
County
Suffolk
Total rooms
19
Garage
Basement
Full
Days on site
89
MLS Listing#
73413517
Property Description

Prime Mission Hill mixed-use investment, corner lot steps to the Longwood Medical Area (LMA) & universities. This fully stabilized 6-unit asset generates $186,694 in Net Operating Income, offered at a compelling 5.67% 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.

Property Features
  • Water Features
    • Public
  • Basement
    • Full
Listing Courtesy: KM Real Estate Group - 781-347-8843
Presented by: Kirsten McEleney
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Market statistics compiled from data from Massachusetts Association of REALTORS.
EXIT PREMIER REAL ESTATE
85 Wilmington Road, Burlington, MA 01803
Brenda Cahoon
License #: 9049354
REALTOR®, MAR
Office
781 270 4770
Agent
781 910 5770
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