Prime Mission Hill mixed-use investment, corner lot steps to the Longwood Medical Area (LMA) & universities. This fully stabilized 6-unit asset generates $186,694 in Net Operating Income, offered at a compelling 5.84% CAP RATE. The commercial income is de-risked by two long-term leases with contractual rent escalations. The anchor market tenant’s lease is extended to 2031 and includes a tax-stop clause, protecting ownership from future expense growth. Significant upside exists via strategic residential renovations to attract high-income LMA professionals from the new lab facility next door. Future potential to add a premium roof deck with skyline views (full stair/headhouse access in place). A proven cash-flow performer in an A+ transit-oriented location. Full Offering Memorandum available upon request. Do not disturb tenants. Showings by appointment only.
For sale
Price cut: $100K (9/15)
$3,195,000
820-824 Huntington Ave, Boston, MA 02115
10beds
4,740sqft
Est.:
5+ Family - 5+ Units Up/Down
Built in 1920
-- sqft lot
$-- Zestimate®
$674/sqft
$-- HOA
What's special
Corner lot
- 63 days |
- 354 |
- 11 |
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