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260 - 262 Commonwealth Avenue, Boston, MA

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260 - 262 Commonwealth Avenue

Boston, MA 02116-2437 - Back Bay MF Submarket

Property Type:Multi-Family Number of Units:11 Status:Existing Year Built:1900
Stories:4 Building Size:23,980 SF Land Area:.07 AC (2,988 SF)
For Sale Price:For Sale Price/Unit:- Cap Rate:- GRM:-

Parking:.2 Parking Spaces / 1,000 SF

Sale Notes:
The NAI Hunneman Capital Markets Team and Gibson Sotheby' s International as co-exclusive agents have been retained to sell a portfolio of three brownstone buildings located in the Back Bay section of Boston. The buildings are currently leased to Bay State College as dormitories. Bay State College will remain as the tenant until Juy 13, 2017 and then will vacate. The buildings are located at 260 & 262 Commonwealth Avenue and 164 Marlborough Street. They would make ideal condominium or single-family conversions.

Alternatively they are ready to be used as college dorms with occupancy for 118 persons. This portfolio represents a special opportunity for prospective buyers to acquire three buildings in Boston' s most sought-after location. The buildings are available for sale as part of a Call for Offers process. There is no formal asking price. Showings will be made by appointment and all offers will be due at future date. All prospective buyers will be given advance notice of the Call for Offers date.

NAI Hunneman
Carl Christie
(617) 457-3394

Dan McGee
(617) 457-3400 x3266

Gibson Sotheby's International Realty
Beth Dickerson
(617) 510-8565

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