14 Horace St - Multi-Family FOR SALE


Boston, MA 02128
$799,000 USD
617-242-4222
14 Horace St, Boston, MA for Sale
$799,000 USD
Multi-Family - FOR SALE
1/44
null | 7.44% Cap Rate

14 Horace St
Boston, MA 02128


OVERVIEW

7.44% CAP RATE, GREAT CASH FLOW, DUPLEX CONDO! VERY PASSIVE INVESTMENT! GREAT CONDITION, TURN KEY. ALL NEW SYSTEMS AS OF 2020. 2 UNIT CONDO BUILDING. FIRST FLOOR IS OWNER OCCUPIED. 2ND & 3RD FLOOR ARE FOR SALE AS A CONDO! LEASED THROUGH MAY 15TH OF 2025 @ $5,850/MONTH! TO EMERSON COLLEGE STUDENTS (4 YEARS NOW)! GROSS INCOME OF 0F $70,200. Expenses are just the annual condo fee of $4,308 ($359/month) + annual taxes of 6,463.50. UNIQUE 5 BED, 2 FULL BATHS 1,732 SqFt penthouse CONDO WITH 1 DRIVEWAY PARKING SPACE in a beautifully restored c.1899 home! Boasting original architectural details & hardwood floors throughout. A private entry/mudroom, grand staircase, living room, dining room, eat-in kitchen, den, laundry room, huge primary closet, exclusive rights to the 2021 ROOF DECK! Fir & Oak floors. Additional storage in common basement. Commuting will be a breeze! 0.3 miles to Wood Island Station & just 5 stops to the heart of downtown Boston. Constitution Beach just 0.5 miles away! Enjoy swimming, kayak rental, tennis, baseball, basketball, handball, a jungle gym, an ice skating rink, the bike path, and 2 yacht clubs. TURN KEY! Only 4.5 old all NEW electrical, plumbing, roof, insulation, & boiler! A truly RARE OPPORTUNITY. Seller welcomes offers with requests for buyers concessions

FOR SALE DETAILS

PRICE

$799,000 USD

PRICE/SF

$461 USD /SF

# OF UNITS

-

CAP RATE

7.44%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Unit 2

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1899

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

CM

APN/PARCEL ID

EBOS-000000-000001-000873

ASK ABOUT THIS PROPERTY

Ash WilliamsGibson Sotheby's International RealtyMore Info
617-242-4222

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Ash WilliamsGibson Sotheby's International RealtyMore Info
617-242-4222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.