Hunneman has available for sale an 8-unit brick apartment building located in Allston, MA. 32 Park Vale Avenue is located off Brighton Avenue in the Allston neighborhood of Boston. The three-story brick building contains eight (8) apartment units. The unit mix includes four (4) large 4-bed / 2-bath apartments, two (2) 2-bed / 1-bath units, and two (2)
1-bed / 1-bath units. The apartments are fully leased, generating cash flow for the September 2024 – August 2025 rental cycle. The owner has recently upgraded several units, enhancing their appeal. Potential for future rental growth and reduced operating expenses presents opportunities to increase income. This building boasts a strong historical occupancy rate thanks to its prime location in Allston. 32 Park Vale Avenue is an excellent option for a long-term investment hold.
This offering is available free and clear of debt with a formal asking price of $4,500,000. There is currently no Call for Offers date. Offers are welcomed and can be considered at any time on a rolling basis.