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You are here:
$1,400,000
3 Unit
8 Beds
3 Baths
3492 SQFT
0.13 Acre
5 Wenham St
Boston, MA 02130

Property Description

Fully leased, trophy 3-family rental, located on a side street mins from Forest Hills T, Bus & Arboretum! Current owner of 25 yrs has renovated / updated all 3 units, and is now retiring. Buyers looking to generate income from closing day will enjoy $ 8,895 per month, with leases till 8/31/25. Room to grow rents for '25 renewal cycle. Gorgeous back yard, raised garden beds, laundry in basement & unit 1. Loaded with original decorative details, mantels, mouldings, high ceilings + large rooms. Low expenses & minimal maintenance. Close to Forest Hills for commuting. Building delivered with all leases & tenants in place. Full de-lead compliance units 1+2. Unlike most multifamily homes on the market, this one has been carefully updated and is now turn-key. Ideal for 1031 investor, 6%+ Cap rate!

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 8
  • Total Full Baths: 3
  • Basement Features: Interior Access, Unfinished Basement
  • Common Rooms: Kitchen, Living Room
  • Common Interior Features: Pantry
  • Common Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer

Financial

  • APOD Available: No
  • Expenses Source: Owner Provided
  • Gross Operating Income: 106740
  • Gross Expenses: 11592
  • GSE: 392
  • Electric Expenses: 1000
  • Water/Sewer: 1200
  • INSC: 3000
  • Repairs & Maintenance: 6000
  • Net Operating Income: 95148

Utilities

  • Heat Zones: 3
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1910
  • Type: 3 Family - 3 Units Up/Down
  • Foundation Info: Other (See Remarks)
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Lead Paint: Certified Treated, Unknown
  • Warranty: No

Other Information

  • MLS ID# 73294250
  • Last Updated: 09/26/24

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
09/24/2024New$1,400,000$401MLSPIN

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Map & Resources

Boston Teachers Union K-8 Pilot School

Public Elementary School, Grades: PK-8

0.07mi

Croft School

Private School, Grades: K-1

0.17mi

Manning School

School

0.45mi

J.J. Foley's Fireside Tavern

Bar

0.26mi

Brassica Kitchen + Cafe

Tapas & Coffee & Local & Organic & Regional & Cafe (Cafe)

0.34mi

Forest Hills Diner

Cafe

0.38mi

Round Two Pizza and Subs

Pizzeria

0.03mi

Dunkin'

Donut & Coffee Shop

0.04mi

Forest Hills Pizza

Pizzeria

0.33mi

Achilito's Taqueria

Mexican & Tacos & Taqueria Restaurant

0.24mi

Tikki Masala

Indian Restaurant

0.35mi

METROVET Veterinary Clinic

Veterinary

0.16mi

Origination

Arts Centre

0.35mi

Parkman Playground

Municipal Park

0.07mi

Arnold Arboretum

Private Park

0.2mi

Pagel Playground

Municipal Park

0.41mi

Southwest Corridor Park

Park

0.43mi

Forest Hills Dental

Dentist

0.32mi

Emporium Gas

Gas Station

0.16mi

Massachusetts State Laboratory Institute Medical Center Library

Library

0.39mi

Esperanza Vacations

Travel Agency

0.04mi

The Mosaic School

Childcare

0.14mi

The Croft School

Childcare

0.16mi

Commonwealth Bank

Bank

0.17mi

We Are Hair

Hairdresser

0.27mi

The Centre Food Hub

Supermarket

0.36mi

J & G Market

Convenience

0.26mi

Forest Hills Convenience

Convenience

0.31mi

Hyde Park Ave @ Walk Hill St

32
33

0.05mi

Hyde Park Ave opp Walk Hill St

32
3233

0.07mi

3867 Washington St opp Tollgate Way

30
34
34E
35
36
37
40
4050
50
51

0.13mi

Washington St @ Tollgate Way

30
34
34E
35
36
37
39
40
4050
50
51

0.13mi

Washington St @ Aldwin Rd

30
34
34E
35
36
37
39
40
4050
50
51

0.23mi

Washington St @ Lochdale Rd

30
34
34E
35
36
37
40
4050
50
51

0.24mi

Hyde Park Ave opp Eldridge Rd

32
3233

0.25mi

Hyde Park Ave @ Eldridge Rd

32
33

0.25mi

Seller's Representative: Christian Iantosca Team, Arborview Realty Inc.
MLS ID#: 73294250

© 2024 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2024-09-26 12:53:00

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