Skip to content

Location filter
  • Any
  • Boston
  • Boston - Allston
  • Boston - Back Bay
  • Boston - Bay Village
  • Boston - Beacon Hill
  • Boston - Brighton
  • Boston - Charlestown
  • Boston - Chinatown
  • Boston - Dorchester
  • Boston - Downtown
  • Boston - East Boston
  • Boston - Fenway/Kenmore
  • Boston - Fort Hill
  • Boston - Fort Point
  • Boston - Hyde Park
  • Boston - Jamaica Plain
  • Boston - Longwood Medical Area
  • Boston - Mattapan
  • Boston - Mission Hill
  • Boston - North End
  • Boston - Northeastern/Symphony
  • Boston - Roslindale
  • Boston - Roxbury
  • Boston - Seaport/Waterfront
  • Boston - South Boston
  • Boston - South End
  • Boston - Theater District
  • Boston - West End
  • Boston - West Roxbury
  • Abington
  • Andover
  • Arlington
  • Bedford
  • Belmont
  • Beverly
  • Billerica
  • Braintree
  • Bridgewater
  • Brookline
  • Burlington
  • Cambridge
  • Canton
  • Chelsea
  • Chestnut Hill
  • Danvers
  • Dedham
  • Everett
  • Framingham
  • Gloucester
  • Hingham
  • Lawrence
  • Lexington
  • Lowell
  • Lynn
  • Lynnfield
  • Malden
  • Marlborough
  • Medford
  • Melrose
  • Methuen
  • Milton
  • Natick
  • Needham
  • Newton
  • North Reading
  • Norwood
  • Peabody
  • Pembroke
  • Plymouth
  • Quincy
  • Randolph
  • Reading
  • Revere
  • Salem
  • Saugus
  • Sharon
  • Somerville
  • Stoneham
  • Stoughton
  • Sudbury
  • Swampscott
  • Taunton
  • Wakefield
  • Waltham
  • Watertown
  • Wayland
  • Wellesley
  • Westwood
  • Weymouth
  • Wilmington
  • Winthrop
  • Woburn
  • Babson College
  • Berklee College of Music
  • Bentley University
  • Boston College
  • Boston University
  • Brandeis University
  • Emerson College
  • Emmanuel College
  • Harvard University
  • Hult International Business School
  • MassArt
  • MCPHS University
  • MIT
  • Northeastern University
  • Simmons University
  • Suffolk University
  • Tufts University
  • UMASS Boston
  • Wentworth Institute of Technology
You are here:
Home Massachusetts Milton Multi-Family Homes for Sale

197 Blue Hills Pkwy Milton, MA 02186

44 Days on Boston Pads
15 Photos
$1,299,000
3 Unit
7 Beds
3 Baths
2860 SQFT
0.12 Acre
197 Blue Hills Pkwy
Milton, MA 02186

Property Description

Attention buyers, investors, and developers on the hunt for something truly special in charming Milton! Nestled between the bike path and the Blue Hills, close to local schools, public transportation, and highway access, lies a remarkable find - a rare 3-family home with unparalleled potential. This property is a strategic investment opportunity, featuring three distinct units - two with 3 bedrooms and one charming 1-bedroom layout. Unit 1 offers the unique potential to incorporate the finished lower level, transforming it into a spacious owner’s suite with 3 additional bedrooms and 1 bath. Currently leased below market value, it presents a golden opportunity for savvy investors to maximize returns. Whether pursuing financial gains or seeking a place to settle down as an owner-occupant, this property offers the best of both worlds. Don't miss this one!

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 7
  • Total Full Baths: 3
  • Amenities: Bike Path, Conservation Area, Highway Access, House of Worship, Park, Private School, Public School, Public Transportation, T-Station, Walk/Jog Trails
  • Basement Features: Finished, Full, Other (See Remarks), Walk Out
  • Common Rooms: Kitchen, Living Room, Office/Den
  • Common Interior Features: Bathroom With Tub & Shower, Tile Floor
  • Common Appliances: Range, Refrigerator
  • Common Heating: Extra Flue, Gas, Heat Pump

Financial

  • APOD Available: No
  • Gross Operating Income: 66000
  • Net Operating Income: 66000

Utilities

  • Heat Zones: 3
  • Utility Connections: for Electric Oven, for Electric Range, for Gas Oven, for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1910
  • Type: 3 Family
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Laminate, Tile, Wall to Wall Carpet
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73252358
  • Last Updated: 06/17/24

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
06/17/2024Active$1,299,000$454MLSPIN
06/13/2024New$1,299,000$454MLSPIN
10/10/2022Expired$999,000$349MLSPIN
08/20/2022Active$999,000$349MLSPIN
08/16/2022Back on Market$999,000$349MLSPIN
08/13/2022Contingent$999,000$349MLSPIN
07/13/2022Active$999,000$349MLSPIN

Mortgage Calculator

View Breakdown

Seller's Representative: Becky Davis, Coldwell Banker Realty - Milton
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2.5
Facilitator Compensation: 0
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

© 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 2024-06-17 14:11:00

Related Properties