Multi Family

803-805 Hyde Park Ave

Hyde Park, MA 2136 · MLS 73579258

$1,975,000

5,616 sqft

  • Beds—
  • Baths—
  • Sq Ft5,616
  • Year1920
  • Style—
  • $ / Sq Ft$352
  • HOA—
  • Taxes$11,136
  • Parking4
  • Lot5006.0
  • MLS73579258
  • StatusActive

About this home

Rare six-unit investment opportunity on Hyde Park Ave. 3-story wood-frame building with 5,616 sq ft of living area on a 4,203 sq ft lot. 100% occupied by market-rate tenants, all tenant-at-will, grossing $14,800/month ($177,600/yr) with NOI of approx. $127,900. Separately metered gas and electric; tenants pay their own utilities, owner covers water/sewer and common electric. Most major systems addressed: rubber roof and vinyl windows (approx. 2000), four gas steam boilers replaced in 2018, updated hot water tanks in every unit, and circuit breaker panels in each apartment. Lead certificates on file with the City of Boston. No pets. Steps to Hyde Park Ave bus routes and minutes to the Roslindale Village and Hyde Park commuter rail stations, with easy access to the Arboretum, Roslindale Square dining, and downtown Boston. Stabilized in-place income with upside potential on turnover. Private showings by appointment only; please do not disturb tenants.

Location

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More about Hyde Park

Hyde Park Profile Snapshot
Primary Vibe Quiet and residential with a small-town atmosphere, single-family homes, and parks. Popular with buyers seeking space within Boston.
Housing Prices More approachable than denser neighborhoods. Single-family homes with yards are the primary stock. Condition influences value.
Commute to Boston Commuter rail provides access. Driving and bus options exist. Parking and outdoor space are readily available.
Schools Served by Boston Public Schools. Confirm assignments with the district.
Market Steady demand for residential properties with space. Updated single-family homes attract interest.
Housing Styles Primarily single-family homes with some multi-family properties. Outdoor space is a consistent feature.

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