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54 Burbank Street

Boston, MA 02115
  • $2,798,000
  • STATUS: Contingent
  • MLS #: 72991407
Under Contract
UPDATED: 74 min ago
$2,798,000
  • 8
    BEDS
  • N/A
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 2,937
    SQFT
  • $953
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:
Area:

School Ratings & Info

Listing courtesy of Jeffrey Hamilton of Columbus And Over Group, Llc.

Description

This 5 unit collection of condos in the Fenway area is the perfect acquisition for the investor who wants to break into this core value rental market or for the established investor who wants to bolt on more units to their growing portfolio. Current owner has recently renovated units 1, 17 and 23 with brand new kitchens and baths while also adding AC (to 17 and 23). Unit 1 is now a 3 bed, 2 bath unit. Stately building that is comprised mostly of rental units for area student housing. Rock solid rental history with quickly appreciating rents! Rare opportunity at less than $600,000 per door. Unit composition is two 1-beds, two 2-beds and one 3-bed. Be in touch with agent to learn more about proforma or to schedule a tour.

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The property listing data and information 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 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 set forth herein. Data last updated 2022-09-25T10:05:10.423.
www.seybothteamhomes.com/homes/129425611
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54 Burbank Street Boston, MA 02115

  • Price: $2,798,000
  • Status: Contingent
  • On Site: Days
  • Updated: 74 min ago
  • MLS #: 72991407
8
Beds
5
Baths
0
½ Baths
N/A
Acres
2,937
SQFT
$953
$/SQFT
1900
Built
Neighborhood:
The Fenway
County:
Suffolk
Area:
The Fenway
Property Description
This 5 unit collection of condos in the Fenway area is the perfect acquisition for the investor who wants to break into this core value rental market or for the established investor who wants to bolt on more units to their growing portfolio. Current owner has recently renovated units 1, 17 and 23 with brand new kitchens and baths while also adding AC (to 17 and 23). Unit 1 is now a 3 bed, 2 bath unit. Stately building that is comprised mostly of rental units for area student housing. Rock solid rental history with quickly appreciating rents! Rare opportunity at less than $600,000 per door. Unit composition is two 1-beds, two 2-beds and one 3-bed. Be in touch with agent to learn more about proforma or to schedule a tour.
Exterior Features

Covered Spaces 0 Garage YN No Parking Total 0 View City View(S) View YN Yes Waterfront YN No

Interior Features

Basement Concrete Building Area Total 2937 Fireplace YN No Fireplaces Total 0 Foundation Details Concrete Perimeter Laundry Features Laundry Room Lead Paint Unknown Rooms Total 15

Property Features

Buyer Agency Compensation 2 Contingency Pending P&S Disclosures This Is 5 Condo Units For Sale Within A 23 Unit Building. Gross Income 198000 Home Warranty YN No Net Operating Income 143329 Operating Expense 47471 Property Sub Type 5+ Family - 5+ Units Up/Down Senior Community YN No Sewer Public Sewer Tax Annual Amount 25463 Tax Year 2022 Total Actual Rent 16100 Transaction Broker Compensation 0 Water Source Public Year Built Details Approximate Year Round Yes Zoning Resi

Listing information © 2022 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Jeffrey Hamilton of Columbus And Over Group, Llc: 617-645-3407.


The property listing data and information 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 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 set forth herein. Data last updated 2022-09-25T10:05:10.423.
 
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The Seyboth Team | Century 21
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Listing courtesy of Jeffrey Hamilton of Columbus And Over Group, Llc.