YOUR OPPORTUNITY TO PURCHASE A TRUE 7.5+ CAP INVESTMENT IN BOSTON!!! The building features two brand new condo quality rental apartments along with a 3,600+ sq/ft commercial space (2,413 sq/ft first floor + basement). The residential units are fully leased and the commercial unit is just listed for rent with numerous prospects. The 2nd and 3rd floor apartments each have two bedrooms, beautiful shaker style kitchen's with quartz counters, hardwood floors, central A/C, decks, in-unit laundry and the list goes on and on. The commercial space has a yard area and parking, as well as a spacious open floorplan. A variety of uses are allowed in the zoning district including restaurant, retail, etc. Call today for a private showing. Pro-Forma attached.
This home has been viewed 33 times
Last Checked: October 22nd, 2024 at 4:19am (Source: MLS PIN #73271740)
Gross Income: $161,700
Gross Expenses: $16,509
Net Income Calc: $145,191
CAP Rate: 7.69%
Annual Expenses for 2 Rossmore Road, Boston MA 02130
Total Gross Expenses (Calculated)$16,509/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$16,509
Annual Income & Unit Breakdown for 2 Rossmore Road, Boston MA 02130
Total Gross Income (Calculated)$161,700
Unit 1
Rental Income$6,500
LeaseN
Bedrooms0
Bathrooms2 Half
Floor1
Levels in Unit2
HeatingYes
Rent IncludesUnit 1(none), Unit 2(none), Unit 3(none)
Unit 2
Rental Income$3,500
LeaseY
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(none), Unit 2(none), Unit 3(none)
Unit 3
Rental Income$3,475
LeaseY
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(none), Unit 2(none), Unit 3(none)
General Information for 2 Rossmore Road, Boston MA 02130
Listing ID73271740
Property TypeMulti Family / 3 Family
Price$1,888,888 ($327.7/SqFt)
Style3 Family
CityBoston
CountySuffolk
MLS AreaJamaica Plain
Neighborhood(s)
Approximate Living Area Total5,764 SqFt
Approximate Lot Size (Acres)0.13 acres
Total Parking2
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsRenovated Since
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsNo
Lot FeaturesCorner Lot
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor Space
ZoningLI
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront FeaturesNo
Energy Features
Terms
Disclosures for 2 Rossmore Road, Boston MA 02130
Lead Paint
UFFI
Living Area Includes BasementYes
Living Area Disclosure
Building Area SourceOther
Title 5
Exclusions
Disclosures
Financial Data SourcePro. Forma Available
Total Gross Expenses By Broker$0
Total Gross Income By Broker$161,700
Total Net Income By Broker$161,700
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2.0
Facilitator Compensation2.0
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 2 Rossmore Road, Boston MA 02130
Real Estate Taxes$16,509
Tax Year2024
Assessed Value$824,600
Financial Data SourcePro. Forma Available
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$161,700
BostonRealEstate.com Gross Income
Total Net Income By Broker$161,700
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)7.69%
Location Information for 2 Rossmore Road, Boston MA 02130
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaJamaica Plain
Area AmenitiesWalk/jog Trails, Conservation Area, House Of Worship, Public School, Shopping, Golf, Park, Bike Path, Public Transportation, T-station, Private School
Contact Information for 2 Rossmore Road, Boston MA 02130