Great investment opportunity at The Hillcrest, this four-story brick building offers a substantial almost 14,000 square feet of living space on a 0.32-acre lot. The property comprises 16 residential units, providing 15 two-bedroom units and 1 one-bedroom unit and 16 parking spaces. Each unit is equipped with electric heating, simplifying maintenance by eliminating the costs associated with traditional heating systems. Residents benefit from off-street parking, with almost one space available per unit. The building's proximity to Roslindale Village station and multiple MBTA Bus routes ensures convenient access to the wider Boston. The current cap rate is over 5%, with potential for revenue enhancements through possible rent increases.
| MLS Listing ID: | 73344869 |
|---|---|
| Listing Price: | $5,999,999 |
| Listing Status: | Active [?] |
| Neighborhood: | Roslindale |
| Property Type: | Multi Family |
| Bedrooms: | 31 |
| Full Baths: | 16 |
| Living Space: | 13800 sf. |
| Lot Size: | 0.32 acres (14044 sf.) |
| Parking: | Yes |
| Taxes: | $30,406.00 |
| Tax Year: | 2025 |
Listing Current as of March 27, 2025 12:00am
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