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You are here:
$3,200,000
3 Unit
14 Beds
6 Baths
4506 SQFT
0.05 Acre
868 Huntington Ave
Boston, MA 02115

Property Description

Perfect turnkey investment property in Mission Hill on historic Huntington Avenue. This brownstone three family with 2 parking spaces was completely updated in 2023 with 3 new modern kitchens, 6 new full bathrooms, new in unit laundry for each unit, as well as a new roof, updated electrical service throughout, and a structural overhaul of the rear decks. Nothing to do but collect rents. Highly desirable location near the Longwood Medical area, with both the Mission Park and Riverway green line stops right outside the front door, and a great proximity to several area universities. This property is currently generating a monthly rental income of $17,900 per month for 9/1/23 to 8/31/24 (Unit 1: $5,000, Units 2 & 3: $6,250 each, 2 Parking Spaces $400 each). Projected rent of $18,825 per month for 9/1/24 to 8/31/25, with two new leases already signed for Unit 1 and Unit 2. Private/group showings only. Reach out today to schedule your appointment!

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 14
  • Total Full Baths: 6
  • Amenities: Highway Access, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, T-Station, University
  • Basement Features: Full, Unfinished Basement
  • Common Rooms: Kitchen
  • Common Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Common Heating: Extra Flue, Gas, Heat Pump

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 225900
  • Gross Expenses: 41370
  • INSC: 7260
  • Repairs & Maintenance: 6444
  • Net Operating Income: 184197

Utilities

  • Electric Info: Circuit Breakers, Underground
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Heat
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Heat
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Heat
  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 3 Family
  • Foundation Info: Fieldstone
  • Roof Material: Rubber
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73228733
  • Last Updated: 04/29/24

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
04/29/2024Active$3,200,000$710MLSPIN
04/25/2024New$3,200,000$710MLSPIN
10/24/2022Sold$1,825,000$405MLSPIN
08/26/2022Under Agreement$1,999,999$444MLSPIN
08/16/2022Contingent$1,999,999$444MLSPIN
08/06/2022Active$1,999,999$444MLSPIN
08/02/2022Extended$1,999,999$444MLSPIN
07/17/2022Active$1,999,999$444MLSPIN
07/13/2022Price Change$1,999,999$444MLSPIN
05/23/2022Active$1,999,999$444MLSPIN
05/23/2022Active$2,150,000$477MLSPIN
05/19/2022New$2,150,000$477MLSPIN

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Seller's Representative: Richard Baker Jr., Compass
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2.0
Facilitator Compensation: 1.0
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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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 2024-04-29 03:05:00

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