
Seller's Agent in 2014
Peter Racheotes
Rock Hill Residential Group
(617) 688-7850
21 Total Sales
Great investment opportunity to own a four family in Readville. Rents are well below market presenting a tremendous amount of upside. All four units have 3 beds with 1 bath. Tenants pay all of their own utilities (gas heat, electric and hot water) and are TAW. The property runs itself. Owner just completed updates on one unit with an anticipated market rate rental value of $1,250 per month. With some TLC the property is capable of generating over $60k per year representing a 12% CAP rate. This will not last.
Home Type
Multi-Family
Year Built
1899
Lot Details
0
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
10/01/2014 10/01/14 | Sold | $435,000 | -8.4% | $117 / Sq Ft |
09/09/2014 09/09/14 | For Sale | $475,000 | -- | $128 / Sq Ft |
Seller's Agent in 2014
Peter Racheotes
Rock Hill Residential Group
(617) 688-7850
21 Total Sales
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71740331
APN: HYDE W:18 P:09490 S:000