Boston, MA 02131,305 Cummins Highway
Boston, MA 02131,305 Cummins Highway
Boston, MA 02131,305 Cummins Highway
17
$2,325,000
$2,295,000
1.3%
Est.Price: ?

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18 BD
6 BA
5,424 SqFt

305 Cummins Highway Boston, MA 02131

Est. payment /mo
SOLD DATE : 08/24/2022

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Key Details

Sold Price $2,325,000

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Sold

Purchase Type For Sale

Square Footage 5,424 sqft

Price per Sqft $428

MLS Listing ID 72994234

Bedrooms 18

Full Baths 6

Year Built 1920

Annual Tax Amount $10,309

Tax Year 2022

Lot Size 8,712 Sqft

Property Sub-Type 5-9 Family

Property Description

$228,000 Gross Income! 305 Cummins Highway is a 6 unit multifamily property located in Roslindale, MA that offers investors a turn-key fully leased building that is generating $19,000 per month in rental income. It is a rare opportunity to acquire an investment with double-digit cash-on-cash return. The property was completely renovated in 2021 and features new kitchens and appliances, bathrooms, light fixtures, refinished hardwood flooring, new fire alarm system, and new roof. The building has separated utilities (gas boilers, hot water tanks, electric meters) and the opportunity for off-street parking. 305 Cummins Highway sits in an excellent location near public transit and a short distance to Roslindale Village and Forest Hills Station.

Location

State MA

County Suffolk

Zoning R4

Exterior

Roof Type Rubber

Building

Lot Description Other

Story 3

Foundation Block

Sewer Public Sewer

Water Public

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Listed by Marcus & Millichap Real Estate Investment Services
Bought with Tony Pepdjonovic • Marcus & Millichap Real Estate Investment Services
agent

Eric Coury

Realtor - Team Manager

+1(508) 838-6956

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