$2,100,000
Total Beds: 9 Total Baths: 3
Total Units: 3 SQFT: 3135
LOT size: 0.13 Acres
58-60 Woodlawn street
Boston, MA 02130

Property Description

This is an amazing opportunity to own well kept Three unit dwelling in one of Boston’s most sought after neighborhoods. There's lots of potential up side to sell off as condos in hot JP condo market. This is a 100% turn key cash flow before CAP rate. The CAP rate is over 5%. All units are Beautifully designed and newly renovated that is currently generating $10,365/month - All units are leased until 8/31/21. 3 Bed/4 Bed/4 Bed are all Beautiful condo quality renovations- LED lighting, Laundry in each of the units, eat-in kitchen with stainless steel appliances and granite countertops. All good size bedrooms and the property has been professionally managed. This investment still offers plenty of upside. Exterior features include: private back porch and great common back yard, driveway parking for 6 parking spots. Close to Forest Hills T station and seconds to Beth Israel Hospital Shuttle bus. Please refer to video tour attached. Sale includes an additional side lot - 56 Woodlawn st.

Property Details

Building Information

  • Total Units: 3
  • Total Rent: 10365
  • Total Floors: 6
  • Levels: 3
  • Total Rooms: 17
  • RMS: 17
  • Total Bedrooms: 9
  • Total Full Baths: 3
  • Amenities: Bike Path, Conservation Area, Golf Course, Highway Access, House of Worship, Laundromat, Medical Facility, Park, Public School, Public Transportation, Shopping, T-Station, Walk/Jog Trails
  • Basement Features: Full, Walk Out

Financial

  • APOD Available: Yes
  • Expenses Source: Accountant Provided, Other (See Remarks), Owner Provided
  • Expenses Year End: 12/19
  • Gross Operating Income: 124380
  • Gross Expenses: 2062
  • Electric Expenses: 370
  • Water/Sewer: 1692
  • Net Operating Income: 124380

Utilities

  • Hot Water: Natural Gas, Tank
  • Electric Info: Individually Metered
  • Energy Features: Insulated Windows
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private
  • Sewer District: MWRA

Unit 1 Description

  • Rent: 3000
  • Under Lease: Yes
  • Rooms: 5
  • Floors: 1
  • Bedrooms: 3
  • Full Baths: 1
  • Half Baths: 1
  • Other Rooms: Kitchen, Laundry, Living Room
  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer / Dryer Combo
  • Interior Features: Hardwood Floors
  • Heating: Active Solar, Electric Baseboard, Extra Flue, Gas, Heat Pump, Hot Water Radiators
  • Levels: 1

Unit 2 Description

  • Rent: 3640
  • Under Lease: Yes
  • Rooms: 6
  • Floors: 2
  • Bedrooms: 4
  • Full Baths: 1
  • Half Baths: 1
  • Other Rooms: Kitchen, Living Room, Office/Den
  • Appliances: Compactor, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer / Dryer Combo
  • Interior Features: Cable TV Available, Hardwood Floors
  • Heating: Active Solar, Electric Baseboard, Extra Flue, Gas, Heat Pump, Hot Water Radiators
  • Levels: 1

Unit 3 Description

  • Rent: 3725
  • Under Lease: Yes
  • Rooms: 6
  • Floors: 3
  • Bedrooms: 4
  • Full Baths: 1
  • Half Baths: 1
  • Other Rooms: Kitchen, Living Room, Office/Den
  • Appliances: Dishwasher, Disposal, Microwave, Range, Washer / Dryer Combo
  • Interior Features: Cable TV Available, Hardwood Floors
  • Heating: Active Solar, Electric Baseboard, Extra Flue, Gas, Heat Pump, Hot Water Radiators
  • Levels: 1

Construction

  • Year Built: 1905
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Rubber
  • Flooring Type: Hardwood, Tile, Wood
  • Lead Paint: Unknown

Other Information

  • MLS ID# 72747172
  • Last Updated: 11/23/20

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