22 Morley St. offers investors or owner-occupants the opportunity to acquire a rarely-available asset in the Fort Hill area of Roxbury. Originally built in 1890, this brick corner 2-family is located on a dead-end street comprised entirely of Victorian row-houses, reminiscent of the South End. Consisting of 2,765 gross sqft and 2 units; each unit is a 2-bed/1-bath duplex w/living room and kitchen. The top floor duplex has panoramic views of downtown Boston and potential for a roof deck. Capital improvements include a newer rubber roof (2 yr old) and replacement windows (approx 10 yr old). Unit 1 is rented until 8/31/17 at $1,950/mo. and w/a projected rental price of $2,300/mo.for Unit 2, this asset has a projected Cap Rate of ~6%. 22 Morley's value is reinforced by its proximity to the South End, revitalized Dudley Sq, and JP and is <.04mi to Roxbury Crossing or Dudley Sq T stations. Property sold As-Is. Showings by appt ONLY: Thurs 5/18 12-2pm, Fri 5/19 3-5pm, and 5/20 from 11-1pm.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
