Listing ID:
73058024
Neighborhood/Town:
Roxbury's Fort Hill
Beds:
63
Baths:
25
Price:
$9,750,000
Property Description:
PRICED TO SELL WITH ROOM TO RAISE RENTS! Outstanding portfolio of 13 townhouse residences in Boston's Fort Hill neighborhood, all built new construction from 2004-2019, and fully leased w/rents ranging from $3800-$5,800 a month! Total annual income eclipses $710K w/net income in excess of $586K/annually. Rarely is such an assemblage of townhouses available. In total there are 104 rooms, 63 bedrooms, 25 full + 13 half baths and over 25,000 sq/ft of living area. The contiguous parcels total NEARLY AN ACRE OF LAND and there are 26 parking spaces. Many units enjoy Boston skyline views. The neighborhood is undergoing a renaissance of new construction including condominiums + apartments. Convenient location near universities and public transportation. All tenants are market rate and on fixed term leases ending 8/31/23. The sale includes 31-35 Juniper St, 37-39 Juniper St, 37R-39R Juniper St, 2591-2595 Washington St and 2597-2601 Washington St. The perfect 1031 or a great place to park cash.
Property Type:
Multi-Family Home
Property Status:
Active
Total Rooms:
40
In Luxury Building:
N
Main Luxury Building Listing:
N
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