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Stabilized Roxbury four-unit building with 12 total bedrooms and tons of upside from a rent income standpoint. Property will generate $10,856 based on approved rents. Currently generating $9,600 per month w/ two underperforming units that are occupied by long-term tenants. Limited CapEx to eclipse $13k+ per month in rent income (e.g. fresh paint, new fixtures). Expected low vacancy and high appreciation potential based on market trends, local development, and zoning overlay that promotes new/improved housing (Neighborhood Design Overlay District: Roxbury). The allure of this property is tons of living area square footage and a small, low-maintenance lot that essentially covers only the footprint of the building. There are two 4bd/1br units that both have two levels of living space and two 2bd/1br units that both have internal access to a full, unfinished basement. Capitalize on this functional multifamily with untapped potential that's set on a dead-end way in the heart of the city.

MLS Listing ID: 73349690
Listing Price: $1,795,000
Listing Status: Active [?]
Property Type: Multi Family
Bedrooms: 12
Full Baths: 4
Living Space: 5888 sf.
Lot Size: 0.06 acres (2780 sf.)
Parking: -
Taxes: $10,107.00
Tax Year: 2025

Listing Current as of April 28, 2025 8:00am

This listing brought to you by Matthew Tulley of Coldwell Banker Realty - Milton.

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