$3,075,000 ($578.88 per sqft)

Est. Mortgage $14,947/mo *

Quick Pre-Approval

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

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



Listing courtesy of Tim Mcgeary, Northeast Private Client Group, LLC Phone: 203-692-2420