7 Wenham St, Boston, (Jamaica Plain), MA, 02130

24 rooms
15 beds
8 Full baths
1900
5,312 sqft
The Wenham Street Multifamily comprises (1) three bedroom / two bathroom & (3) four bedroom / two bathroom units. Tenants are responsible for their electric and gas, and water/sewer is newly submetered for rebilling on future leases. The Wenham Street Multifamily has undergone a complete renovation and is a turnkey/new construction property. The Wenham Street Multifamily boasts condo quality finishes, an in-unit laundry, and outdoor space. It is near numerous shops, restaurants, and public transit.The Wenham Street Multifamily provides an investor the opportunity to acquire a turn-key property with the ability to raise rents to market levels and potentially convert the fourth floor unit from a three bedroom to a four bedroom unit, adding to potential market upside.Pro Forma Income $232,800 Pro Forma Expenses $36,474 Pro Forma NOI $193,205 Pro Forma Cap Rate 6.28%
Status:
Active
Town:
Boston
Type:
Multi-family
Units:
4
Zoning:
0
Heating:
Forced Air, Natural Gas
Cooling:
Central Air
Energy Features:
Attic Vent Elec.
Levels:
10
Parking:
On Street
Acreage:
0.13
Est. Taxes:
$19,600
Assessment
$1,676,800
Construction
Frame
Lot Description:
Other
Amenities:
Sidewalks
MLS #:
73354533
Compensation Based On:
Gross/Full Sale Price
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Tim Mcgeary, Northeast Private Client Group, LLC Phone: 203-692-2420