1 Copeland Park, Boston, MA, 02119
20 rooms
12 beds
4 Full baths
1900
5,888 sqft
Stabilized Roxbury four-unit building with 12 total bedrooms and tons of upside from a rent income standpoint. Property will generate $10,856 based on approved rents. Currently generating $9,600 per month w/ two underperforming units that are occupied by long-term tenants. Limited CapEx to eclipse $13k+ per month in rent income (e.g. fresh paint, new fixtures). Expected low vacancy and high appreciation potential based on market trends, local development, and zoning overlay that promotes new/improved housing (Neighborhood Design Overlay District: Roxbury). The allure of this property is tons of living area square footage and a small, low-maintenance lot that essentially covers only the footprint of the building. There are two 4bd/1br units that both have two levels of living space and two 2bd/1br units that both have internal access to a full, unfinished basement. Capitalize on this functional multifamily with untapped potential that's set on a dead-end way in the heart of the city.
Status:
Active
Type:
Multi-family
Units:
4
Zoning:
0111
Heating:
Other
Cooling:
Window Unit(s)
Basement:
Full, Interior Entry, Bulkhead, Concrete, Unfinished
Levels:
6
Acreage:
0.06
Est. Taxes:
$10,107
Assessment
$927,200
Construction
Frame
Utilities
Varies per Unit
Lot Description:
Cleared, Level
Amenities:
Public Transportation, Shopping, Park, Golf, Medical Facility, Laundromat, Conservation Area, House of Worship, Private School, Public School, T-Station, University
Appliances:
Range, Dishwasher, Refrigerator, Freezer, Oven
MLS #:
73349690
Compensation Based On:
Gross/Full Sale Price
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Matthew Tulley, Coldwell Banker Realty - Milton Phone: 617-696-4430