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Do Real Estate on the Go!
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$3,095,000
10 Beds
- 6 Baths
4 full baths + 2 half baths
4,740sqft
820-824 Huntington Ave, Boston, MA 02115
$3,095,000
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Multi Family
Built in 1920
$-- HOA
0.04 acre lot
$653/sq.ft
Description
Now offered at $3,095,000. Prime Mission Hill mixed-use investment, corner lot steps to the Longwood Medical Area (LMA) & universities. This fully stabilized 6-unit asset generates $186,694 in NOI, offered at a compelling 6.0% CAP RATE. The commercial income is de-risked by two long-term leases with contractual rent escalations. The anchor market tenant’s lease is extended to 2031 and includes a tax-stop clause, protecting ownership from future expense growth. Significant upside exists via strategic residential renovations to attract high-income LMA professionals from the new lab facility next door. Future potential to add a premium roof deck with skyline views (full stai...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
5
County
City
Neighborhood
--
Year Built
1920
HOA Fees
-
Finished Area
4,740 sqft
Lot Size
0.04 acre lot
Basement Area
- sqft
MLS Name
MLS Property Information Network
MLS Number
73413517
MLS Status
Extended
Days on Market
136
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