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You are here:
211 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
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$1,550,000$319MLSPIN
08/21/2022Active$1,575,000$324MLSPIN
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$1,625,000$335MLSPIN
06/19/2022Active$1,595,000$329MLSPIN
06/15/2022New$1,625,000$335MLSPIN

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Seller's Representative: Markese Daise, Stony Brook & Lennox Realty Advisors
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: 2
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 2024-03-25 04:05:00

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