Multi Family

1 Lesher St

Roslindale, MA 2131 · MLS 73577249

$949,000

2,326 sqft

  • Beds—
  • Baths—
  • Sq Ft2,326
  • Year1910
  • Style—
  • $ / Sq Ft$408
  • HOA—
  • Taxes$8,252
  • Parking2
  • Lot3999.0
  • MLS73577249
  • StatusActive

About this home

Strong two-family investment opportunity with value-add upside in the heart of Roslindale. Located on a quiet residential street, 1-3 Lesher Street generates $6,475 per month and $77,700 in annual gross income. Long-term tenants are currently paying below-market rents, providing room for future growth. Unit 1 is a first-floor 3-bedroom, 1-bathroom residence, gut-renovated prior to 2014 and currently rented for $3,175/month. Unit 2 is a spacious 3-bedroom, 2-bathroom duplex spanning the second and third floors, rented for $3,300/month, with potential for future updates. The property offers approximately 2,326 SF of living area on a 3,999 SF lot. Features include updated systems, brand new decking and railings, a 2-car garage, three tandem driveway spaces, and tenant-paid utilities. Conveniently located near Roslindale Village, shops, restaurants, and public transportation. Rent roll available upon request.

Location

DirectionsMore in Roslindale

More about Roslindale

Roslindale Profile Snapshot
Primary Vibe Family-oriented neighborhood with a village square, diverse dining, and park access. Popular with buyers seeking community character and relative value.
Housing Prices More approachable than many central areas. Prices vary by condition and location. Multi-family homes offer rental potential.
Commute to Boston Commuter rail and bus routes provide access. Walking is practical near the square. Parking is more available than downtown.
Schools Served by Boston Public Schools. Confirm assignments with the district.
Market Steady demand for residential properties. Updated homes near the village or arboretum attract interest.
Housing Styles Multi-family homes, condominiums, and single-family houses. Outdoor space is more common than downtown.

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Listing information is believed accurate but is not guaranteed and should be independently verified. Courtesy of the listing office shown.