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1 Linden St

Boston, MA 02134
  • $3,995,000
  • STATUS: Active
  • MLS #: 73155216
UPDATED: 36 min ago
$3,995,000
  • 9
    BEDS
  • 0.03
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
  • 3,800
    SQFT
  • $1,051
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1910
County:
Area:

School Ratings & Info

Listing courtesy of Todd Glaskin of Coldwell Banker Realty - Newton.

Description

Investments don't come better than this! Dream brick 7-unit investment building (plus incredible high income generating billboard) in Allston, one of the strongest rental markets in Greater Boston priced for immediate sale at a strong 7+ cap at existing rents. The building offers 7 updated residential units of various sizes and a strong income stream from two rooftop billboards overlooking the Mass Pike. The desirable location includes nearby new developments and is just minutes away from Boston University, the new Harvard campus expansion, and public transportation. All these factors provide for a steady stream of qualified tenants and incredible rents. One parking spot on-site. This is the perfect investment opportunity for those seeking exceptional income and long-term returns in a prime location.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2023-09-26T15:04:53.153.
www.coastalnewenglandproperties.com/homes/143089779
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1 Linden St Boston, MA 02134

  • Price: $3,995,000
  • Status: Active
  • On Site: Days
  • Updated: 36 min ago
  • MLS #: 73155216
9
Beds
8
Baths
0
½ Baths
0.03
Acres
3,800
SQFT
$1,051
$/SQFT
1910
Built
Neighborhood:
Allston
County:
Suffolk
Area:
Allston
Property Description
Investments don't come better than this! Dream brick 7-unit investment building (plus incredible high income generating billboard) in Allston, one of the strongest rental markets in Greater Boston priced for immediate sale at a strong 7+ cap at existing rents. The building offers 7 updated residential units of various sizes and a strong income stream from two rooftop billboards overlooking the Mass Pike. The desirable location includes nearby new developments and is just minutes away from Boston University, the new Harvard campus expansion, and public transportation. All these factors provide for a steady stream of qualified tenants and incredible rents. One parking spot on-site. This is the perfect investment opportunity for those seeking exceptional income and long-term returns in a prime location.
Exterior Features

Construction Materials Brick Covered Spaces 0 Garage YN No Lot Features Corner Lot Parking Total 1 Spa YN No Waterfront YN No

Interior Features

Basement Finished Building Area Total 3800 Fireplace YN No Fireplaces Total 0 Foundation Details Concrete Perimeter Lead Paint Unknown Rooms Total 16

Property Features

Buyer Agency Compensation 2.25 Community Features Public TransportationShoppingParkHighway AccessT-StationUniversity Disclosures Seller Has Never Lived in Building. Gross Income 348720 Home Warranty YN No Net Operating Income 290000 Operating Expense 58596 Property Sub Type 5-9 Family Senior Community YN No Sewer Public Sewer Tax Annual Amount 19911.96 Tax Year 2023 Total Actual Rent 27300 Transaction Broker Compensation 2.25 Water Source Public Year Built Details Actual Zoning Rc

Listing information © 2023 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Todd Glaskin of Coldwell Banker Realty - Newton: 617-969-2447.


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2023-09-26T15:04:53.153.
 
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Listing courtesy of Todd Glaskin of Coldwell Banker Realty - Newton.