44 Cummings Rd

Estimated Monthly Payment: $20,128/mo 44 Cummings Rd, Boston, MA 02135 MLS# 72500136 Multi-family Listing Status: Active
22
9
7,192 sqft
5
0
0
0

REMARKS:

INVESTMENT OPPORTUNITY- located on the Brookline/Brighton line just outside Cleveland Circle this 5 unit brick building consists of three 5-bedroom / 2 bath units, one 4-bedroom / 2 bath unit and one 3-bedroom / 1 bath unit. The kitchens are fully equipped with stainless steal appliances, granite counter tops, and cherry wood cabinets. The 2 bathrooms per apartment with exception of the 3 bedroom unit have been completely renovated as well. The total monthly rent is $18,500 or $222,0000 per year with a Net Operating Income around 200K. With a very strong rental history this property makes for great investment or 1031 exchange. Fully leased though August 31st, 2019 with 3/5 units extended through August 31, 2020.(complete financials will be attached to MLS documents). Walking distance to both B & C - MBTA Green lines. The common area coin-op laundry can be found in the basement that has 10ft of ceiling height with room for the possibility of storage space or additional expansion.

OVERVIEW:

Multi-family
5+ Family - 5+ Units Up/Down
Active
Brighton
1900
7192
0.11
Brick
Rubber
Poured Concrete
Fenced/Enclosed
City/Town Water
City/Town Sewer

FEATURES:

ROOM INFO:

Y
Partially Finished
32

FINANCIAL:

$3,950,000
$25,386
2019

Broker Reciprocity Courtesy of Kevin Lehrer, Boston's Best Realty

 

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

 

©2019 All rights reserved.