45 Murdock St - Apartments FOR SALE


Boston, MA 02135
$4,895,000 USD
617-688-7850
45 Murdock St, Boston, MA for Sale
$4,895,000 USD
Apartments - FOR SALE
1/17
null | Request Cap Rate

45 Murdock St
Boston, MA 02135


HIGHLIGHTS

  • Ground Up New Construction in 2014 of Five (5) Class A Condo Quality Luxury Townhomes
  • Each unit has 4 Beds / 2.5 Baths, 3 Levels of Living, 2,100sf+/- of living area
  • Fourteen (14) Surface spaces
  • Exit options to sell as multi-family or as individual condominiums. The ask Price Per Unit is less than market for comparable townhome sales

OVERVIEW

Rock Hill Residential Group is pleased to announce that they have been exclusively retained to market the sale of 45-47 Murdock Street in Brighton, MA, (“The Murdock”). Built in 2014, The Murdock is a newer construction development consisting of five (5) fully leased luxury townhomes set in a residential neighborhood just steps from Brighton Center, St. Elizabeth’s Hospital, and Boston Landing. 45 Murdock consists of three (3) attached townhomes, while 47 Murdock consists of two (2) attached townhomes. The project is constructed with high-quality building materials, emphasizing craftsmanship. Each townhome features approximately 2,100 square feet of living space over three levels, including seven total rooms with four bedrooms, 2.5 bathrooms, large unfinished basements with high ceilings, outdoor patio space, a private balcony, and in-unit laundry. The well-manicured grounds include fourteen (14) surface parking spaces. Originally intended to be sold as individual townhomes, this Class A asset was acquired in 2014 and quickly stabilized as part of the owner’s investment portfolio. This unique investment offers residents accommodations not readily available in the marketplace. Each home has the feel of single family living which is unmatched in today's market. The first floor of each features a gourmet chefs kitchen with granite counters, stainless steel appliances with soft close cabinets, crown moldings, a separate dining and living area featuring chair rail with wainscoting and half bath. The second floor features a large primary suite with custom closets and en-suite bath, second bedroom, common bath and laundry. The 3rd level features two additional bedrooms. Common features throughout each property include hardwood flooring, recessed lighting, Central AC and heat with 3 zones allowing for temperature control on each level of living. The location affords easy access to Memorial & Storrow Drive, the Mass Pike, downtown Boston, Logan Airport, Cambridge, Brookline, Newton, Watertown and Fenway. Amongst the local colleges and universities are Boston College, Harvard, Harvard Business School, MIT, Boston University and Tufts. Literally steps to St. Elizabeth's Hospital and just minutes to Mass General. A short walk to the shops and restaurants of Boston Landing which is home to the New Balance Corporate headquarters, the 2024 NBA Champion Boston Celtics practice facility, the Boston Bruins practice facility and the TRAC at new balance, designed to the fastest track in the world. Additional local highlights include the new project at Allston Yards as well as the local restaurants and shops of Brighton Center. Public Transportation is walking distance to bus or train. Choices include the the Commuter Rail at Boston Landing, Express Bus to downtown Boston and the Back Bay, routes to Cambridge, Watertown and Fenway. The Greenline on Commonwealth Ave. is less than a 10 minute walk. The Murdock is being sold as an individual asset or included with the B&C Portfolio Please visit the site for additional information on the portfolio including an Offering Memorandum with rent rolls and proformas. Investment Highlights: *Ground Up New Construction in 2014 of Five (5) Class A Condo Quality Luxury Townhomes. 45 Murdock consists of three(3) attached townhomes & 47 Murdock consists of two (2) attached townhomes *Each unit has 4 Beds / 2.5 Baths, 3 Levels of Living, 2,100sf+/- of living area *Fully Leased through 2025 with room for growth *Fourteen (14) Surface spaces. Current leases include two (2) spaces allowing an option for additional income *Tenants pay separate utilities. Gas Heat, Central AC, Electricity, Navian Tankless hot water heaters *Unfinished Basements with high ceilings give an option to add value for additional living area *Location: Walking distance to Boston Landing *Exit options to sell as multi-family or as individual condominiums. The ask Price Per Unit is less than market for comparable townhome sales For more information and to schedule a tour, please contact the listing agent, Peter Racheotes at peter@rockhillrg.com

FOR SALE DETAILS

PRICE

$4,895,000 USD

PRICE/SF

$389 USD /SF

# OF UNITS

5

PRICE/UNIT

$979,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2014

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.45 AC

LAND SF

19,562 SF

ZONING

RES

APN/PARCEL ID

BRIG-000000-000022-001990

ASK ABOUT THIS PROPERTY

Peter RacheotesRock Hill Residential GroupMore Info
617-688-7850

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

Peter RacheotesRock Hill Residential GroupMore Info
617-688-7850

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