Cash Cow in one of Boston most coveted street's. A projected 7.5% cap This newly renovated multifamily property offers an outstanding investment opportunity, generating 215k in annual rental income. Each unit has been thoughtfully updated with high-end stainless steel appliances and beautiful white oak floors, showcasing exceptional craftsmanship and modern style. The property is situated in a vibrant neighborhood, providing easy access to shops, cafes, and local amenities making it an ideal choice for both tenants and owners seeking convenience and comfort. With its prime location, quality finishes, and strong income history, this property is a must-see for investors looking for a turn-key asset in a highly desirable area. With beautiful finishes, central air, laundry in unit, and off street parking, the highly coveted apartments offer a rare quality allowing for an amazing rental history. Low expenses & limited management allow excellent cash flow day 1!
Property Details
Property Features
Property Information:
Year Built: 1920
Living Area: 3,900 SqFt
Listing Office:
Office Name: Riverfront REALTORS®
Office Phone: (508) 868-0801
Listing Agent: Lucas Santos
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 5
Total Bedroom Count: 11
Exterior Features
Parking Information:
Garage Space: 2 spaces
Parking: Paved Drive
Lot Features
Lot Information:
Lot Size: 0.11 Acres
Other
Directions Information:
Directions: Right off of Commonwealth Ave
Price Information
Listing Price Info
Price Summary:
List Price: $2,425,000
Price Per SqFt: $622/SqFt
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Housing Market Comparison
See how this home compares to others in Boston, MA.
This property is $1.6M more than the Median Sold Price and $42/SqFt less than other homes in Boston, MA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MLS Property Information Network
MLS Number: #73314900
Listing Office:
Office Name: Riverfront REALTORS®
Office Phone: (508) 868-0801
Listing Agent: Lucas Santos
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/22/2024, 3:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Winship Elementary School
54 Dighton St
Distance between this listing and this school0.49 miles
Public District Grades PK-5
6
/10
Ward Elementary School
10 Dolphin Rd
Distance between this listing and this school0.99 miles
Public District Grades KG-5
8
/10
Underwood Elementary School
101 Vernon St
Distance between this listing and this school1.56 miles
Public District Grades KG-5
Nearby Schools
5
/10
Thomas Edison K-8 School
60 Glenmont Rd
Distance between this listing and this school0.30 miles
Public District Grades PK-8
2
/10
Mary Lyon K-8 School
50 Beechcroft St
Distance between this listing and this school0.68 miles
Public District Grades KG-8
7
/10
John D. Runkle School
50 Druce St
Distance between this listing and this school1.04 miles
Public District Grades PK-8
Nearby Schools
2
/10
Lyon Upper 9-12 School
95 Beechcroft St
Distance between this listing and this school0.75 miles
Public District Grades 9-12
2
/10
Brighton High School
25 Warren St
Distance between this listing and this school0.90 miles
Public District Grades 9-12
2
/10
Boston Green Academy
20 Warren St
Distance between this listing and this school0.95 miles
The neighbors living near this home have an average income of $66,447. Typical income of Boston, MA residents is between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
This home is located at 33 Gerald Rd in Boston, MA and zip code 02135 in the Brighton neighborhood. This 3,900 square foot home, which was built in 1920, sits on a 0.11 acre lot. Features: 11 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $2,425,000.
In November 2024, from all listings sold in Boston, MA there were more than 93 sold above asking price, over 166 sold below and more than 55 were sold right at the asked price. The number of homes for sale in Boston, MA decreased by 10% between October 2024 and November 2024. While the average time on the market in November 2024 was 40 days, the median list price was $819,029.
From Rocket Homes Real Estate and based on county public records data.