x
Price Reduction
Address
44 Cummings Rd Boston, MA
Price
$ 3,590,000
Property Attributes
  • MLS#72500136
  • TypeMulti-Family
  • CountySUFFOLK
  • CityBoston
  • AreaBrighton
  • Zip02135
  • Style5+ Family - 5+ Units Up/Down
  • Year Built1900
  • Taxes25385
  • Price$ 3,590,000
  • Bedrooms22
  • Full Bathrooms9
  • Half Bathrooms0
  • Sqr Footage7192
  • Lot Size4,792 SqFt
Listing Provided Courtesy Of:
Kevin Lehrer with Boston's Best Realty.
Property Description

INVESTMENT OPPORTUNITY- located on the Brookline/Brighton line just outside Cleveland Circle this 5 unit brick building consists of three 5-bedroom / 2 bath units, one 4-bedroom / 2 bath unit and one 3-bedroom / 1 bath unit. The kitchens are fully equipped with stainless steal appliances, granite counter tops, and cherry wood cabinets. The 2 bathrooms per apartment with exception of the 3 bedroom unit have been completely renovated as well. The total monthly rent is $18,500 or $222,0000 per year with a Net Operating Income around 200K. With a very strong rental history this property makes for great investment or 1031 exchange. Fully leased though August 31st, 2019 with 3/5 units extended through August 31, 2020.(complete financials will be attached to MLS documents). Walking distance to both B & C - MBTA Green lines. The common area coin-op laundry can be found in the basement that has 10ft of ceiling height with room for the possibility of storage space or additional expansion.

Price History
5/15/2019 Listed $3,950,000
6/12/2019 3% - $3,850,000
7/16/2019 6% - $3,650,000
8/12/2019 2% - $3,590,000

General Features

Construction Material Stone/Concrete
Heat Zones 1
Heated Units 1
Levels 5
Square Feet 7192.00
State Massachusetts
Unit 1 Rent 3650
Unit 2 Rent 4350
Unit 3 Rent 4400
Unit 4 Rent 4350

Interior Features

Basement Features Partially Finished
Bedrooms (1) 4
Bedrooms (2) 5
Bedrooms (3) 5
Bedrooms (4) 5
Full Baths 9
Hot Water Oil
Total Bedrooms 22
Total Number of Units 5

Exterior Features

Exterior Brick
Foundation Poured Concrete
Lot Description Fenced/Enclosed
Roof Rubber

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 02135

Price
AVG $1.56M
$3.59M
Taxes
AVG $11,154
$25,385
Visits
AVG 21
84
Year Built
AVG 1901
1900
Walkscore
AVG 81
81
Data Provided by Walkscore ® not using MLS data

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