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$ 1,250,000
Est. payment | /mo
4 Beds
1 Bath
1,022 SqFt
$ 1,250,000
Est. payment | /mo
4 Beds
1 Bath
1,022 SqFt
Open House
Sat Jan 31, 11:30am - 1:00pm
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 1,022 sqft
Price per Sqft $1,223
MLS Listing ID 73472047
Bedrooms 4
Full Baths 1
HOA Fees $384/mo
Year Built 1960
Annual Tax Amount $8,525
Tax Year 2025
Property Sub-Type Condominium
Property Description
Rare opportunity to own a turn-key investment in one of Boston's most in-demand and stable rental neighborhoods. Leased through 8/31/26 for $6200 with a new lease in place at $6400 starting 9/1/26. Parking is leased separately with an estimated market rate of $300/month. Two identical units in same building are pre-lease for 2026-2027 for $6800. Over the past 20+ years of current ownership, this condo has enjoyed a 100% occupancy rate with an average annual rent increase of $307/month between this and unit #8. While these are turn-key properties, the potential exists to grow the rents with minimal effort by renovating the kitchens and baths, updating fixtures, painting, and refinishing floors. Unit #8 is also granted exclusive roof rights by deed for possible expansion. Being offered as a package of Units #6 & #8 and to be sold as-is. Buyers are to do their own due diligence on the feasibility of any renovations, including, but not limited to, potential use of roof rights.
Location
State MA
County Suffolk
Area The Fenway
Zoning CD
Direction google maps
Rooms
Basement N
Interior
Heating Natural Gas
Cooling Window Unit(s)
Flooring Wood, Tile
Fireplaces Number 1
Laundry Common Area, In Building
Exterior
Roof Type Rubber
Total Parking Spaces 1
Garage No
Building
Story 4
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by Boardwalk Properties
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