237 Cummins Hwy Active Save Request In-Person Tour Request Virtual Tour
Boston,MA 02131
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 13,800 sqft
Price per Sqft $434
MLS Listing ID 73344870
Year Built 1970
Annual Tax Amount $30,406
Tax Year 2025
Lot Size 0.320 Acres
Property Description
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.
Location
State MA
County Suffolk
Area Roslindale
Zoning A
Exterior
Utilities Available Public Water,Public Sewer
Roof Type Rubber