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You are here:
443 Days on Boston Pads
36 Photos
$1,550,000
3 Unit
14 Beds
5 Baths
4855 SQFT
0.15 Acre
71R Walnut Park
Boston, MA 02119

Property Description

CASH COW! Exceptional Investment Opportunity: TURN-KEY de-leaded stabilized spacious Roxbury/JP Line 3-Family building with 14 Bedrooms and a parking lot that can fit 7+ vehicles! This building was renovated in 2016 and features top dollar market rents with solid leases. Unit 1: 4 bed/1 bath @ $4,000/month, Unit 2: 5 bed/1.5 bath rented @ $4300/month & Unit 3: 5 bed/1.5 bath rented @ $4300/month. Parking rent can bring in an additional $10K & provides an additional value ad for the building. This mammoth, de-leaded building yields an impressive annual gross income nearing $152,000 with substantial potential for further growth. Renovated in 2016, each unit showcases modern amenities including updated electrical and plumbing systems, a durable flat rubber roof, renovated kitchens, contemporary bathrooms, and efficient forced hot air systems. Potential for a 4th basement unit! Multiple public transit options nearby! Great investment opportunity that is cash flowing!!

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 14
  • Total Full Baths: 3
  • Total Half Baths: 2
  • Amenities: Bike Path, Golf Course, Highway Access, House of Worship, Laundromat, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, Tennis Court, T-Station, University, Walk/Jog Trails
  • Basement Features: Full

Financial

  • APOD Available: Yes
  • Expenses Source: Pro. Forma Available
  • Gross Operating Income: 151200
  • Net Operating Income: 151200

Utilities

  • Utility Connections: for Gas Range
  • 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: 1905
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Other (See Remarks)
  • Roof Material: Rubber
  • Flooring Type: Hardwood
  • Lead Paint: Certified Treated
  • Warranty: No

Other Information

  • MLS ID# 73166850
  • Last Updated: 03/25/24

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
05/30/2024Killed$1,525,000$314MLSPIN
05/30/2024Killed$1,525,000$314MLSPIN
05/16/2024Sold$1,550,000$319MLSPIN
04/17/2024Under Agreement$1,549,999$319MLSPIN
04/08/2024Contingent$1,549,999$319MLSPIN
04/04/2024Active$1,549,999$319MLSPIN
03/25/2024Active$1,550,000$319MLSPIN
03/21/2024Price Change$1,550,000$319MLSPIN
02/17/2024Active$1,599,999$330MLSPIN
02/13/2024Price Change$1,599,999$330MLSPIN
11/14/2023Active$1,495,000$308MLSPIN
11/10/2023Price Change$1,495,000$308MLSPIN
10/08/2023Active$1,499,999$309MLSPIN
10/04/2023New$1,499,999$309MLSPIN
10/04/2023Temporarily Withdrawn$1,525,000$314MLSPIN
11/06/2022Active$1,525,000$314MLSPIN
11/02/2022Price Change$1,525,000$314MLSPIN
08/21/2022Active$1,575,000$324MLSPIN
08/21/2022Active$1,550,000$319MLSPIN
08/17/2022Price Change$1,575,000$324MLSPIN
07/17/2022Active$1,595,000$329MLSPIN
07/13/2022Price Change$1,595,000$329MLSPIN
06/19/2022Active$1,595,000$329MLSPIN
06/19/2022Active$1,625,000$335MLSPIN
06/15/2022New$1,625,000$335MLSPIN

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Map & Resources

Rafael Hernandez

Public School, Grades: PK-8

0.14mi

Hernandez K-8 School

Public Elementary School, Grades: PK-8

0.15mi

Ellis Elementary School

Public Elementary School, Grades: PK-6

0.18mi

Egleston Community High School

Public School, Grades: 9-12

0.2mi

Greater Egleston High School

Public Secondary School, Grades: 9-12

0.2mi

Higginson Inclusion K0-2 School

Public Elementary School, Grades: PK-2

0.27mi

Abantwana Learning Center

Grades: PK-K

0.33mi

Mendell Elementary School

Public Elementary School, Grades: PK-6

0.35mi

Sam Adams Boston Brewery

Bar

0.4mi

Happy Lemon

Bubble Tea (Cafe)

0.35mi

Ula Cafe

Breakfast & Sandwich (Cafe). Offers: Vegan, Vegetarian

0.44mi

McDonald's

Burger (Fast Food)

0.15mi

Star Fish

Seafood (Fast Food)

0.19mi

Chilacates

Mexican Restaurant

0.42mi

The Haven

Scottish & Burger & Pizza & Fish And Chips Restaurant

0.45mi

Boston Fire Department Engine 42

Fire Station

0.28mi

Boston Fire Department Engine 42

Fire Station

0.29mi

Boston Police Department District E-13

Local Police

0.58mi

Stony Brook Fine Arts

Arts Centre. Offering Classes, Workshops, And Studio Time.

0.38mi

National Center of Afro-American Artists (NCAAA) Museum

Museum

0.19mi

White Stadium

Stadium

0.3mi

White Stadium

Stadium

0.32mi

Franklin Park

Municipal Park

0.1mi

Egleston Square Peace Garden

Park

0.22mi

White Stadium

Park

0.35mi

Horatio Harris Park

Municipal Park

0.35mi

Southwest Corridor Park

Park

0.43mi

Crawford St Playground

Playground

0.11mi

Tiffany Moore Tot Lot

Playground

0.41mi

Boston Public Library: Egleston Square Branch

Library

0.03mi

Joseph's Style Barbershop

Hairdresser

0.21mi

Walgreens

Pharmacy

0.2mi

Columbus Ave @ Walnut Ave

22
29
44

0.07mi

Columbus Ave @ Walnut Ave

22
29
44

0.08mi

Columbus Ave @ Weld Ave - Egleston Sq

22
29
44

0.11mi

Columbus Ave opp Weld Ave - Egleston Sq

22
29
44

0.13mi

Washington St @ Walnut Pk

42

0.17mi

Seaver St @ Harold St

22
29
44

0.18mi

Seaver St opp Harold St

22
29
44

0.18mi

Washington St @ Atherton St

42

0.18mi

Seller's Representative: Markese Daise, Stony Brook & Lennox Realty Advisors
MLS ID#: 73166850

© 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 2024-03-25 04:05:00

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