472 Warren St, Boston, MA 02121

Description

~9% CAP RATE — ~$136,470 NOI — 15 BEDROOMS — ~2,000 SF EACH FLOOR472 Warren St, Boston. Three-family on the Roxbury–Dorchester line, directly across from Boston Latin Academy (205 Townsend). Classic stacked-porch building with three 5-bedroom units, each about 2,000 SF. Play it two ways: hold as a high-bedroom rental or condo-convert. Comparable large condo units in this pocket have traded in the ~$700–800K range. Current tenants pay their own utilities. Each unit has its own heat and hot water systems in great condition. Kitchens and baths are updated. Hardwood floors are strong and well-maintained. Walk-up 4th-floor attic is unfinished and can add SF to the third floor ...