Cash Cow in one of Boston most coveted street's. A projected 7.5% cap This newly renovated multifamily property offers an outstanding investment opportunity, generating 215k in annual rental income. Each unit has been thoughtfully updated with high-end stainless steel appliances and beautiful white oak floors, showcasing exceptional craftsmanship and modern style. The property is situated in a vibrant neighborhood, providing easy access to shops, cafes, and local amenities making it an ideal choice for both tenants and owners seeking convenience and comfort. With its prime location, quality finishes, and strong income history, this property is a must-see for investors looking for a turn-key asset in a highly desirable area. With beautiful finishes, central air, laundry in unit, and off street parking, the highly coveted apartments offer a rare quality allowing for an amazing rental history. Low expenses & limited management allow excellent cash flow day 1!
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Last Updated: November 26th, 2024 at 5:33am
Walk/jog Trails
Laundromat
Public Transportation
University
General Information for 33 Gerald Rd, Boston, Massachusetts 02135
Property TypeResidential Income
Property Sub TypeMulti Family
Price$2,425,000
Price per sqft$621.79
MLS #73314900
Handicap Access / FeaturesNo
List Date2024-11-21
Special Listing Conditions
StateMassachusetts
Street NameGerald Rd
CityBoston
Zip Code02135
CountySuffolk
MLS Status
Covered Parking Spaces2
Heating Y/NNo
Heating System
Heat Zones
Sold Date
Property Sub TypeMulti Family
Building Area SourcePublic Records
Building Area Total3900
Building Area Units0
CarportNo
Close Date
Close Price$0
Covered Parking Spaces2
Listing Service
UnparsedAddress33 Gerald Rd, Boston MA 02135
Zoning
Interior Features for 33 Gerald Rd, Boston, Massachusetts 02135
* Approx. Living Area Total3,900 sq ft
Living Area Includes BasementNo
Bedrooms11
* # Fireplaces0
Bathrooms (Total)5
Full Baths5
* # Half Baths0
* # Rooms
Basement
Heating System
Appliances
Electric
Living Area DisclosureLiving Area is an esitmate
Living Area Includes BasementNo
Door FeaturesInsulated Doors
ElectricNo
Electric$0
MLS Area (Major)Brighton
MLSPIN_BEDRMS_15
MLSPIN_BEDRMS_26
MLSPIN_BEDRMS_3
MLSPIN_BEDRMS_4
MLSPIN_FLRS_1
MLSPIN_FLRS_2
MLSPIN_FLRS_3
MLSPIN_FLRS_4
MLSPIN_F_BTHS_12
MLSPIN_F_BTHS_23
MLSPIN_F_BTHS_3
MLSPIN_F_BTHS_4
MLSPIN_GRE$0
MLSPIN_HTE$0
MLSPIN_H_BTHS_10
MLSPIN_H_BTHS_20
MLSPIN_H_BTHS_3
MLSPIN_H_BTHS_4
OffMarketDate
Exterior Features for 33 Gerald Rd, Boston, Massachusetts 02135
* Approximate Lot Size0.11 acres
Covered Parking Spaces2
Lot Features
* Parking Spaces6
* Sewer Utilities
* Water Utilities
* Year Built1920
Year Built Details
Year Built SourcePublic Records
Construction Materials
Exterior Features
Foundation Area
Foundation MaterialsConcrete Perimeter,Block
Approx. Street Frontage
Horse PermittedNo
Horse Amenities
Parking Features
Utilities
Lot Size (Square Feet)4,950 Sqft
Disclosures for 33 Gerald Rd, Boston, Massachusetts 02135
Buyer Agent Compensation
Contingency
Financing
Disclosures
Documents Available
Exclusions
MLSPIN_COMP_BASED_ONGross/full Sale Price
MLSPIN_COOP_COMP
MLSPIN_DISCLOSUREY
Lead PaintUnknown
Living Area DisclosureLiving Area is an esitmate
Living Area Includes BasementNo
Facilitator Compensation
TransactionBrokerCompensationType
BuyerAgencyCompensationType
Financial Information for 33 Gerald Rd, Boston, Massachusetts 02135
Assessed Value
Real Estate Tax$0
Tax Year
Financial Data Source
Gross Income$214,800
Insurance Expense$0
MLSPIN_LEASE_1
MLSPIN_LEASE_2
MLSPIN_LEASE_3
MLSPIN_LEASE_4
MLSPIN_LEVELS_11
MLSPIN_LEVELS_22
MLSPIN_LEVELS_3
MLSPIN_LEVELS_4
MLSPIN_MGF$0
MLSPIN_MSE$0
MLSPIN_RENT18300
MLSPIN_RENT29600
MLSPIN_RENT3
MLSPIN_RENT4
MLSPIN_RFS$0
MLSPIN_RME$0
MLSPIN_SOLD_PRICE_PER_SQFT$0
NetOperatingIncome$214,800
OperatingExpense$0
OriginalListPrice$2,425,000
RENT_FEE_INCLUDES
TOTAL_RENT17900
WaterSewerExpense$0
Lifestyle Information for 33 Gerald Rd, Boston, Massachusetts 02135
FireplaceYNNo
Frontage Type
GarageYNNo
Waterview
Pool Features
Waterfront Features
Location information for 33 Gerald Rd, Boston, Massachusetts 02135
Elementary School
Middle School
High School
NumberOfUnitsTotal2
Marketing History for 33 Gerald Rd, Boston, Massachusetts 02135
MLSPIN_MARKET_TIME_BROKER4
MLSPIN_MARKET_TIME_PROPERTY4
PurchaseContractDate
Agent Information for 33 Gerald Rd, Boston, Massachusetts 02135