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$4,388,000
Total Beds: 16 Total Baths: 8
Total Units: 4 SQFT: 6884
LOT size: 0.08 Acres
29 Commonwealth Terrace
Boston, MA 02135

Property Description

Investors & owner occupants! Also good for 1031 Exchange. Exceptional FREE-STANDING BRICK condo quality 4 family apartment building in prime location on a street with mostly private houses. COMPLETELY RENOVATED in 2014-2015 with ALL NEW SYSTEMS-- electric, plumbing, HVAC. New windows.. Each unit is approx 1600 sf and has 4 bedrooms and 2 full baths. All have expansive open living room/dining layouts with granite & stainless kitchens. Plus central A/C and in-unit laundry. Three units have glass sliders that step out to private balconies. There are beautiful oak hardwood floors and high ceilings.Tenants pay own heat. 4 separate HVAC systems! Off street tandem parking for 4 cars. Walk score 84! Steps from Comm Ave and Green Line, 1/2 mile to Whole Foods. 1 mile to Wash Square. Convenient to colleges. Can be delivered vacant or partially occupied. This is a rare, solid, high quality property with beautiful 1920 architectural details and very little maintenance.

Property Details

Building Information

  • Total Units: 4
  • Total Rent: 10350
  • Total Floors: 6
  • Levels: 4
  • Total Rooms: 24
  • RMS: 24
  • Total Bedrooms: 16
  • Total Full Baths: 8
  • Amenities: House of Worship, Medical Facility, Park, Public Transportation, Shopping, T-Station, University
  • Basement Features: Exterior Access, Finished, Full, Other (See Remarks)

Financial

  • APOD Available: Yes
  • Expenses Year End: 12/20
  • Gross Operating Income: 225000
  • Gross Expenses: 28640
  • Net Operating Income: 193960

Utilities

  • Heat Zones: 4
  • Hot Water: Natural Gas
  • Cooling Zones: 4
  • Electric Info: 200 Amps
  • Energy Features: Insulated Windows
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Rent: 4450
  • Included in Rent: Other (See Remarks), Water
  • Under Lease: Yes
  • Rooms: 6
  • Floors: 1
  • Bedrooms: 4
  • Full Baths: 2
  • Other Rooms: Kitchen, Living Room
  • Appliances: Dishwasher - ENERGY STAR, Disposal, Dryer - ENERGY STAR, Microwave, Range - ENERGY STAR, Refrigerator - ENERGY STAR, Washer - ENERGY STAR
  • Interior Features: Balcony/Deck, Bathroom with Shower Stall, Bathroom With Tub, Hardwood Floors, Intercom, Open Floor Plan, Remodeled
  • Heating: Extra Flue, Gas, Heat Pump
  • Cooling: Central Air
  • Levels: 1

Unit 2 Description

  • Rent: 5200
  • Included in Rent: Water
  • Under Lease: No
  • Rooms: 6
  • Floors: 2
  • Bedrooms: 4
  • Full Baths: 2
  • Other Rooms: Kitchen, Living Room
  • Appliances: Dishwasher - ENERGY STAR, Disposal, Dryer - ENERGY STAR, Microwave, Range - ENERGY STAR, Refrigerator - ENERGY STAR, Washer - ENERGY STAR
  • Interior Features: Balcony/Deck, Bathroom with Shower Stall, Bathroom With Tub, Hardwood Floors, Open Floor Plan, Remodeled, Stone/Granite/Solid Counters
  • Heating: Extra Flue, Gas, Heat Pump
  • Cooling: Central Air
  • Levels: 1

Unit 3 Description

  • Rent: 4750
  • Included in Rent: Water
  • Under Lease: Yes
  • Rooms: 6
  • Floors: 3
  • Bedrooms: 4
  • Full Baths: 2
  • Other Rooms: Kitchen, Living Room
  • Appliances: Dishwasher - ENERGY STAR, Disposal, Dryer - ENERGY STAR, Microwave, Range - ENERGY STAR, Refrigerator - ENERGY STAR, Washer - ENERGY STAR
  • Interior Features: Balcony/Deck, Bathroom with Shower Stall, Bathroom With Tub, Hardwood Floors, Open Floor Plan, Remodeled, Stone/Granite/Solid Counters
  • Heating: Extra Flue, Gas, Heat Pump
  • Cooling: Central Air
  • Levels: 1

Unit 4 Description

  • Rent: 1150
  • Included in Rent: Water
  • Rooms: 6
  • Bedrooms: 4
  • Full Baths: 2
  • Other Rooms: Dining Room, Living Room
  • Appliances: Dishwasher, Dishwasher - ENERGY STAR, Disposal, Dryer - ENERGY STAR, Range - ENERGY STAR, Refrigerator - ENERGY STAR, Washer - ENERGY STAR
  • Interior Features: Bathroom with Shower Stall, Bathroom With Tub, Open Floor Plan, Remodeled, Stone/Granite/Solid Counters
  • Heating: Extra Flue, Gas, Heat Pump
  • Cooling: Central Air
  • Levels: 1

Construction

  • Year Built: 1920
  • Type: 4 Family - 4 Units Up/Down
  • Construction Type: Brick
  • Foundation Info: Poured Concrete
  • Roof Material: Rubber
  • Flooring Type: Tile, Wood
  • Lead Paint: Unknown

Other Information

  • MLS ID# 72785506
  • Last Updated: 02/25/21

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