943-949 River St - Apartments FOR SALE


Boston, MA 02136- West Street-River Street
$2,450,000 USD
617-341-8800
943-949 River St, Boston, MA for Sale
$2,450,000 USD
Apartments - FOR SALE
1/6
null | Request Cap Rate

943-949 River St
Boston, MA 02136
West Street-River Street


OVERVIEW

VIEW VIDEO HERE: https://www.r-dome.com/943949-river-street-hyde-park-boston-ma Two units have electric heat; Balance have gas heat Same ownership since 1988 Given the lot’s size and shape, an expansion seems very reasonable, although no representations along said lines are being made Avg monthly expenses: Common Electric: $100 Water/Sewer: $800 Maintenance: $650 Quarterly Real Estate Taxes:±2,800 Insurance: ±$12,000 per year Three “market” and five “subsidized” units Fully leased $19,402 monthly rental income (clear opportunity to increase this figure given favorable Landlord market conditions)

FOR SALE DETAILS

PRICE

$2,450,000 USD

PRICE/SF

$242 USD /SF

# OF UNITS

8

PRICE/UNIT

$306,250

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

A

APN/PARCEL ID

HYDE-000000-000018-007029

ASK ABOUT THIS PROPERTY

J.P. PlunkettRed Dome RealtyMore Info
617-341-8800

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J.P. PlunkettRed Dome RealtyMore Info
617-341-8800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.