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.
For sale
$5,999,999
237 Cummins Hwy, Roslindale, MA 02131
31beds
13,800sqft
Est.:
5-9 Family
Built in 1970
-- sqft lot
$-- Zestimate®
$435/sqft
$-- HOA
What's special
Brick buildingElectric heatingOff-street parking
- 139 days
- on Zillow |
- 281 |
- 8 |
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