PRIME RENOVATED TURN KEY 6 UNIT INVESTMENT BUILDING IN THE MIDDLE OF BOSTON ON THE ROXBURY/JAMAICA PLAIN LINE GROSSING CLOSE TO $200K ANNUALLY! This immaculate fully occupied building was gut renovated in 2018 & is the perfect 6 UNIT investment to add into your portfolio. Purchase this building and start collecting rents immediately! EVERYTHING is brand new from top to bottom! Each unit in the building features S/S appliances, central air/heat, new hardwood flooring, granite counter-tops, recessed lighting, tankless water heaters, updated plumbing + updated electrical, addl' storage, & much more! The location is unmatched and the building is within close proximity of the Stony Brook Orange Line T-Station, Sam Adams Brewery, South West Corridor Park + Bike Path, Longwood Medical area, Northeastern University, & the Back Bay. Upside to increase future rents & maximize profits. Prime building, prime location, & a sure fire prime investment with a huge appreciation upside!
This home has been viewed 30 times
Last Checked: May 7th, 2024 at 6:45am (Source: MLS PIN #73075747)
Gross Income: $130,980
Gross Expenses: $15,580
Net Income Calc: $115,400
CAP Rate: 4.63%
Annual Expenses for 39 W Walnut, Boston MA 02119
Total Gross Expenses (Calculated)$15,580/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$15,580.46
Annual Income & Unit Breakdown for 39 W Walnut, Boston MA 02119
Total Gross Income (Calculated)$130,980
Unit 1
Rental Income$2,795
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$3,195
LeaseY
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$2,850
LeaseY
Bedrooms3
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingNo
Rent Includes
Unit 4
Rental Income$2,075
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
General Information for 39 W Walnut, Boston MA 02119
Listing ID73075747
Property TypeMulti Family / 5+ Family
Price$2,495,000 ($580.23/SqFt)
Style5-9 Family
CityBoston
CountySuffolk
MLS AreaRoxbury
Neighborhood(s)
Approximate Living Area Total4,300 SqFt
Approximate Lot Size (Acres)0.07 acres
Total Parking2
Garage Parking
Year Built2018
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual,Renovated Since
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesLevel
Foundation Area
Foundation DescriptionConcrete Perimeter
Accessible Features
Outdoor Space
ZoningRES
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 39 W Walnut, Boston MA 02119
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourcePro. Forma Available
Total Gross Expenses By Broker$0
Total Gross Income By Broker$175,380
Total Net Income By Broker$169,320
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation2
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 39 W Walnut, Boston MA 02119
Real Estate Taxes$15,580.46
Tax Year2022
Assessed Value$1,425,800
Financial Data SourcePro. Forma Available
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$175,380
BostonRealEstate.com Gross Income
Total Net Income By Broker$169,320
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)4.63%
Location Information for 39 W Walnut, Boston MA 02119
Elementary School
Middle SchoolLatin Academy
High SchoolLatin Academy
Neighborhood(s)
MLS AreaRoxbury
Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Public School, Shopping, Golf, Park, Medical Facility, Laundromat, Bike Path, Public Transportation, T-station, Tennis Court(s), Private School, University
Contact Information for 39 W Walnut, Boston MA 02119