Sold
12 & 14 Dana Ave, Boston, MA
Boston · MA 02136
- $1,575,000
- Price
- 5
- Beds
- 8
- Baths
- 5135
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1920
Units:
8 Units
Lot size:
0.28 Acre Lot
Price per square foot:
$331 / Sq.Ft
Parking:
15 Off Street Spaces
About this home
Rare Find! Superb, hard-to-find 8-unit Multi-Family investment in a coveted Hyde Park Location! This offering is comprised of (2) adjacent Buildings a (5) unit and a (3) unit building. The 5-unit property consists of (3) one-bedroom apartments and (2) studio apartments. The 3-unit property consists of (2) one-bedroom apartments and a commercial space (beauty salon). The current gross income is $152,700 with annual expenses of $42,111. The NOI is 11,589 with a fantastic cap rate of 6.5%. This top location is steps to the commuter rail, bus stop, Cleary Square's fine shops, historic theatre, and amazing restaurants! Minutes from highway access. The seller also has architect's plans in hand for potential redevelopment into 23 new construction rental units with 23 car parking (ask broker for complete plans). THIS IS AN IDEAL 1031 EXCHANGE OR A NICE LONG-TERM INVESTMENT FOR A BUY-AND-HOLD & FUTURE REDEVELOPMENT POTENTIAL! THIS IS A VERY STABLE, RISK-AVERSE INVESTMENT OPPORTUNITY!
Neighborhood & Transit
Hyde Park
12 & 14 Dana Ave, Boston · MA 02136
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
-
Hyde Park Commuter Rail 2 routes 0.06 mi
- Franklin/Foxboro Line
- Providence/Stoughton Line
-
Fairmount Commuter Rail 3 routes 0.29 mi
- Fairmount Line
- Franklin/Foxboro Line
- Providence/Stoughton Line
Price Insight
- Days on Market:
- 1210 days
- Listing Price:
- $1,700,000
- Price per Sq.Ft:
- $331
- Tax Assessment:
- $1,398,500 in 2023
- Taxes:
- $1,558 / Monthly
Home Facts
Interior Features
- Bedrooms
- 5
- Full Bathrooms
- 8
- Half Bathrooms
- 0
- Living Area
- 5,135 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 5135
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Unknown
Exterior Features
- Lot Size
- 11,998 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 15 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Unknown
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Michael McGuire
- Listing office
- Insight Realty Group, Inc.
- MLS PIN #
- 73135904
- Disclosure
- Group showings only (property is fully occupied). Ask the listing agent for a showing schedule.