Prime Investment Opportunity on Blue Hill Ave! Seize the chance to transform this 3-unit multifamily property on Blue Hill Ave, Boston, MA, offering a rare blend of immediate rental income and significant renovation potential. Featuring 9 bedrooms and 3 bathrooms across 3,231 sq ft, this property is ideal for developers and investors seeking to capitalize on the area's strong rental demand and equity-building opportunities. Key Features: Current Income: Two units are occupied by paying tenants on month-to-month leases, generating combined $5,500 per month. Tenants have been notified of the sale and served their 30-day notice to vacate. The new owner can choose to retain the tenants or move forward with vacant possession. Flexible Potential: Each unit offers spacious layouts, perfect for attracting future tenants or tailoring to multi-family living arrangements. As-Is Sale: The property is sold as-is, with probate proceedings currently underway.
Property Details
Property Features
Property Information:
Year Built: 1910
Living Area: 3,231 SqFt
Listing Office:
Office Name: Maron Realty
Office Phone: (617) 202-3118
Listing Agent: Maron Team
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 3
Total Bedroom Count: 6
Exterior Features
Parking Information:
Parking: Off Street
Lot Features
Lot Information:
Lot: Corner Lot
Lot Size: 0.06 Acres
Other
Directions Information:
Directions: Across from Talbot ave
Price Information
Listing Price Info
Price Summary:
List Price: $900,000
Price Per SqFt: $279/SqFt
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Housing Market Comparison
See how this home compares to others in Boston, MA.
This property is $80.9K more than the Median Sold Price and $385/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: #73319593
Listing Office:
Office Name: Maron Realty
Office Phone: (617) 202-3118
Listing Agent: Maron Team
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: 12/12/2024, 10:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
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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
3
/10
Oliver W. Holmes Elementary School
40 School St
Distance between this listing and this school0.63 miles
Public District Grades PK-5
2
/10
Pauline Agassiz Shaw Elementary School
429 Norfolk St
Distance between this listing and this school0.95 miles
Public District Grades PK-5
2
/10
Lee Academy School
25 Dunbar Ave
Distance between this listing and this school1.01 miles
Public District Grades PK-2
Nearby Schools
4
/10
Sarah Greenwood K-8 School
189 Glenway St
Distance between this listing and this school0.40 miles
Public District Grades PK-8
2
/10
Joseph Lee K-8 School
155 Talbot Ave
Distance between this listing and this school0.48 miles
Public District Grades PK-8
2
/10
Young Achievers K-8 School
20 Outlook Rd
Distance between this listing and this school1.01 miles
Public District Grades PK-8
Nearby Schools
2
/10
Jeremiah E. Burke High School
60 Washington St
Distance between this listing and this school0.83 miles
Public District Grades 9-12
4
/10
Up Academy Dorchester
35 Westville St
Distance between this listing and this school0.91 miles
Public Charter Grades PK-12
2
/10
Codman Academy Charter Public School
637 Washington St
Distance between this listing and this school0.95 miles
The neighbors living near this home have an average income of $47,170. Most Boston, MA residents have annual incomes between $35k-100k. Typical family type is single, no kids. Most residents in this area have high school diploma education.
This home is located at 857 Blue Hill Ave in Boston, MA and zip code 02124 in the Mattapan neighborhood. This 3,231 square foot home, which was built in 1910, sits on a 0.06 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 13, 2024 and is currently priced at $900,000.
In November 2024 more than 93 listings in Boston, MA were sold above the asking price. During the same period more than 55 listings were sold at asking price, while more than 166 were sold below. The inventory of homes for sale in Boston, MA between October 2024 and November 2024 decreased by 10%. Listings spent 40 days on the market in November 2024, and had a median list price of $819,029 during the same period.
From Rocket Homes Real Estate and based on county public records data.