5.43% cap rate ---- Core-plus multifamily asset with both on-site laundry and ample parking requires little capital expenditure and is a value-add investment opportunity with below market rents. First floor consists of one 1-bedroom unit and one 2-bedroom unit. There is also a small, private flex space with its own bath on the first floor. Second floor consists of one 1-bedroom unit and one 2-bedroom unit. Separate electric, heating and central cooling for each dwelling unit. Full basement with coin-operated laundry room. ---- Please be advised that this property is a legal 3-family, but does contain 4 dwelling units. Property gutted to the studs and renovated 1999. 4 new heating systems (2022-2023), central cooling condensers & water heaters. Roof 2024. ---- Tours provided to pre-qualified buyers by appointment.
Property Features
Basement
Full
Walk-Out Access
Concrete
Unfinished
Parking
Paved
Off Street
Common
Heating Information
Natural Gas
Forced Air
Cooling Information
Central Air
Water Features
Public
Listing Courtesy: Kiklis Real Estate, LLC - 781-933-2500