$850,000
Total Beds: 5 Total Baths: 2
Total Units: 2 SQFT: 2102
LOT size: 0.03 Acres
38-40 Hano Street
Boston, MA 02134

Property Description

38-40 Hano presents a great opportunity to invest in a cash flowing property with lots of upside. Located right in the heart of Allston, this home is just a 3 minute walk to Boston Landing, steps away from all of the great dining on Harvard Ave & Commonwealth Ave. Tons of development in this area, lots of room for appreciation! Recent updates include a new boiler, two new hot water tanks, new front steps, 5 year old roof. Unit #38 is rented through 8/31/21 and unit #40 will be vacant 1/1/21. Both units are in rentable condition but with a little work they can be condo-quality. Unit #38 has a den that is large enough to be a bedroom. Basement is additional ~945sqft.

Property Details

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Levels: 2
  • Total Rooms: 11
  • RMS: 11
  • Total Bedrooms: 5
  • Total Full Baths: 2
  • Amenities: Bike Path, Highway Access, Laundromat, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, Tennis Court, T-Station, University, Walk/Jog Trails
  • Basement Features: Full
  • Common Interior Features: Storage

Financial

  • APOD Available: No
  • Gross Operating Income: 52800
  • Net Operating Income: 52800

Utilities

  • Hot Water: Natural Gas
  • Electric Info: Individually Metered
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Individual Meter, On-Site, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Rent: 2400
  • Under Lease: Yes
  • Rooms: 6
  • Floors: 2
  • Bedrooms: 2
  • Full Baths: 2
  • Other Rooms: Kitchen, Living RM/Dining RM Combo, Office/Den
  • Heating: Gas, Hot Air Gravity, Hot Water Baseboard
  • Levels: 1

Unit 2 Description

  • Rent: 2000
  • Under Lease: No
  • Rooms: 5
  • Floors: 1
  • Bedrooms: 3
  • Full Baths: 2
  • Other Rooms: Kitchen, Living RM/Dining RM Combo
  • Heating: Gas, Hot Air Gravity, Hot Water Baseboard
  • Levels: 1

Construction

  • Year Built: 1890
  • Type: 2 Family - 2 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Poured Concrete
  • Roof Material: Rubber
  • Flooring Type: Tile, Wood
  • Lead Paint: Unknown

Other Information

  • MLS ID# 72759439
  • Last Updated: 11/30/20

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