47 Englewood Ave - Apartments FOR SALE


Boston, MA 02135
$4,295,000 USD
781-776-4000
47 Englewood Ave, Boston, MA for Sale
$4,295,000 USD
Apartments - FOR SALE
1/8
null | 5.76% Cap Rate

47 Englewood Ave
Boston, MA 02135


HIGHLIGHTS

  • Desirable Asset with Rent Growth
  • Dynamic Brighton Location
  • Transit Oriented Location
  • Strong Demographics

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive sale of the multifamily investment property located at 47 Englewood Avenue in Brighton, Massachusetts (the “Property”). Located in Brighton’s Cleveland Circle neighborhood, 47 Englewood Avenue offers convenient access to Cambridge, Downtown Boston, both Boston College and Boston University, several T Stations (Green Line – Englewood Avenue Station 0.1-miles & Chestnut Hill Avenue & Reservoir Station 0.3 Miles) and the Boston Landing MBTA Station (Framingham/Worcester Line). Adding to the area’s appeal is the proximity to schools, highways, entertainment venues, retailers, and restaurants. 47 Englewood Avenue offers the opportunity to acquire a well-located asset in one of the strongest real estate markets in a region that is poised for future growth. 47 Englewood Avenue consists of a four-story building with six (6) residential units comprised of three (3) 3-Bedroom/2-Bathroom units and three (3) 2-Bedroom/1-Bathroom units with 6,168 square feet of living area in 8,224 square feet of gross area, on a 0.08-acre parcel. The building was completely renovated in 2022 and features condo quality finishes throughout. The units feature newer kitchens and bathrooms with stainless steel appliances, white cabinets with tile backsplashes, quartz countertops, dishwashers, hardwood and tile floors throughout, upgraded bathrooms with high end finishes, digital programmable thermostats, crown molding, central air-conditioning, and in-unit washers and dryers. Additionally, the building features covered porches for three of the units and is separately metered for electricity, heat & air-conditioning, hot water (tankless), and domestic water and sewer.

FOR SALE DETAILS

PRICE

$4,295,000 USD

PRICE/SF

$696 USD /SF

# OF UNITS

6

PRICE/UNIT

$715,833

CAP RATE

5.76%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1910

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

C

APN/PARCEL ID

BRIG-000000-000021-002135,BRIG-000000-000021-002136

ASK ABOUT THIS PROPERTY

Dennis KelleherHorvath & TremblayMore Info
781-776-4000

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Dennis KelleherHorvath & TremblayMore Info
781-776-4000

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