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237 Cummins Hwy
237 Cummins Hwy
237 Cummins Hwy
237 Cummins Hwy
237 Cummins Hwy
237 Cummins Hwy
237 Cummins Hwy
237 Cummins Hwy
237 Cummins Hwy
237 Cummins Hwy
237 Cummins Hwy
237 Cummins Hwy
237 Cummins Hwy
237 Cummins Hwy
237 Cummins Hwy
237 Cummins Hwy
237 Cummins Hwy
237 Cummins Hwy
237 Cummins Hwy
237 Cummins Hwy
237 Cummins Hwy
237 Cummins Hwy
237 Cummins Hwy
237 Cummins Hwy
237 Cummins Hwy
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$5,600,000

237 Cummins Hwy

16 Baths 13,800 Sq.Ft.

Description

Great investment opportunity at The Hillcrest, this four-story brick building offers a substantial almost 14,000 square feet of living space on a 0.32-acre lot. The property comprises 16 residential units, providing 15 two-bedroom units and 1 one-bedroom unit and 16 parking spaces. Each unit is equipped with electric heating, simplifying maintenance by eliminating the costs associated with traditional heating systems. Residents benefit from off-street parking, with almost one space available per unit. The building's proximity to Roslindale Village station and multiple MBTA Bus routes ensures convenient access to the wider Boston. The current cap rate is over 5%, with potential for revenue enhancements through possible rent increases.

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Location

237 Cummins Hwy, Boston, MA 02131

Status

Sold
Duane Boyce

Duane Boyce

TITLE

Real Estate Agent

Property Amenities

Area & Lot
Total area 13,800 Sq.Ft.
Lot Area 0.32 Acres
Living area 13,800 Sq.Ft.
MLS® ID 73344870
Year Built 1970
Type Commercial
Status Sold
Exterior
Roof Rubber
Utilities Public Water, Public Sewer
Finance
Sales Price $5,600,000
Real Estate Tax $30,406 yearly

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