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Listing: 1 of 1 | Updated 33 minutes ago |
Prime Mission Hill mixed-use investment, corner lot steps to the Longwood Medical Area (LMA) & universities. This fully stabilized 6-unit asset generates $186,694 in Net Operating Income, offered at a compelling 5.84% CAP RATE. The commercial income is de-risked by two long-term leases with contractual rent escalations. The anchor market tenant’s lease is extended to 2031 and includes a tax-stop clause, protecting ownership from future expense growth. Significant upside exists via strategic residential renovations to attract high-income LMA professionals from the new lab facility next door. Future potential to add a premium roof deck with skyline views (full stair/headhouse access in place). A proven cash-flow performer in an A+ transit-oriented location. Full Offering Memorandum available upon request. Do not disturb tenants. Showings by appointment only.
General Information for 820-824 Huntington Ave Mission Hill, MA 02115 |
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Town | Boston - Mission Hill |
Village | Mission Hill |
County | Suffolk |
Stories | 5 |
SQFT | 4,740 |
Status | Available |
Listing Number | 73413517 (MLSPIN) |
Rooms Information for 820-824 Huntington Ave Mission Hill, MA 02115 |
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Interior Information for 820-824 Huntington Ave Mission Hill, MA 02115 |
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Basement | Full |
Exterior Information for 820-824 Huntington Ave Mission Hill, MA 02115 |
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Lot Size | 0.04 acres |
Lot Description | Corner Lot |
Lot | Corner Lot |
Water | Public |
Sewer | Public Sewer |
Neighborhood Information for 820-824 Huntington Ave Mission Hill, MA 02115 |
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Neighborhood Amenities | Public Transportation Shopping Park Walk/Jog Trails Medical Facility Laundromat Bike Path Highway Access Public School T-Station University |
Miscellaneous Information for 820-824 Huntington Ave Mission Hill, MA 02115 |
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Year Built | 1920 |
Association Fee | 0 |
Taxes | $18,348 /Yr |
Comp | |
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Condo | Data |
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Units | 6,763 |
Avg Price | $934,536 |
Avg Days Listed | 95 |
Total New Listings | 25 |
House | Data |
---|---|
Units | 12,198 |
Avg Price | $1,262,186 |
Avg Days Listed | 83 |
Total New Listings | 2 |
Multi-Family | Data |
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Units | 2,058 |
Avg Price | $1,293,556 |
Avg Days Listed | 108 |
Total New Listings | 1 |
For a more detailed market analyis one of our real estate agents can provide you with a full report.
Address | Closing Date | List Price | Closing Price | % of List Price |
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Listing: 1 of 1 | Updated 33 minutes ago |