50-52 Townsend Street

$2,650,000

16 Beds 6 Baths 5,958 Sq.Ft.

Description

Make a SMART INVESTMENT with this 6 UNIT income property, FULLY RENOVATED IN 2015! There are a total of (4) 3 bedroom/1 bath apartments and (2) 2 bedroom/1 bath apartments. Each unit is renovated with contemporary stained hardwood floors, shaker style cabinets, stainless steel appliances, granite countertops, crown moldings and central HVAC with air conditioning! Coin op laundry in the basement is an added income stream. Priced at a 6 CAP, current rents range from $2,550-$3,200 a month with room to grow! Convenient Roxbury location, just .5 miles from the Orange Line T with easy access to Northeastern University, the Back Bay and beyond. The owner has subdivided the property into (2) 3 family dwellings for flexibility and ease in financing. Nothing to do but collect rents!

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Location

50-52 Townsend Street, Boston, MA 02119

Status

Sold

Property Amenities

Interior

Appliances Unit 1(Range,Dishwasher,Disposal,Microwave,Refrigerator), Unit 2(Range,Dishwasher,Disposal,Microwave,Refrigerator), Unit 3(Range,Dishwasher,Disposal,Microwave,Refrigerator), Unit 4(Range,Dishwasher,Disposal,Microwave,Refrigerator), Utility Connections for Gas Range

Total Bedrooms: 16

Full Bathrooms: 6

Area & Lot

Lot Area 7,537 Sq.Ft.

Living area 5,958 Sq.Ft.

MLS® ID 73117998

Year Built 1910

Type Multi-Family

Status Sold

Exterior

Stories 9

Air conditioning Unit 1(Central Air), Unit 2(Central Air), Unit 3(Central Air), Unit 4(Central Air)

Heat type Unit 1(Forced Air), Unit 2(Forced Air), Unit 3(Forced Air), Unit 4(Forced Air)

Water Source Public

Sewer Public Sewer

Lot Features Other

Roof Shingle

Utilities for Gas Range

Finance

Sales Price $2,650,000

Real Estate Tax $17,892 yearly

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Roxbury

Notable residents of Roxbury have included musician Bobby Brown and New Edition.

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The Residential Group at William Raveis Real Estate is a team of experienced agents, specializing in the sale of urban dwellings and new construction/renovation properties in Metropolitan Boston. They are consistently ranked among the top sales teams at William Raveis Real Estate and top teams in all of Massachusetts.

$2,650,000