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820-824 Huntington Avenue, Boston MA 02115, Boston, Residential Income

$ 2,999,000
820-824 Huntington Avenue, Boston MA 02115,
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Overview

  • Updated On:
  • May 20, 2022
  • 12 Bedrooms
  • 6 Bathrooms
  • 4,740 ft2

Description

4.74% CAP RATE. Fully occupied mixed-use building with 4 apts and 2 retail spaces in the heart of the booming Longwood Medical/Mission Hill biotech cluster. The neighborhood is poised for dramatic increases in rent prices and property values due to more than 5,000,000 square feet of proposed developments within walking distance for research labs, hospital expansions, retail space and residential housing. These developments will bring an influx of high-paying jobs for medical professionals, scientists and hospital workers who need to live near work for their patients and important research projects. (68,000sf lab building is planned two doors down) 820-824 Huntington is perfectly positioned to capitalize on this new base of high-earning tenants with three residential units in rentable condition that can be updated to new standards when the time arises, a tenant-at-will retail space paying under-market rent, and a high-quality convenience store tenant with 5 years remaining on the lease

Address: 820-824 Huntington Avenue, Boston MA 02115
City:
State/County:
Zip: 02115
Country: US
Open In Google Maps
Property Id : 38739
Price: $ 2,999,000
Property Size: 4,740 ft2
Property Lot Size: 0 ft2
Rooms: 23
Bedrooms: 12
Bathrooms: 6
MLS Area: Mission Hill
Price per Sq. Ft.: 632.7
Basement: Full, Partially Finished, Concrete
Bathrooms: 6
Laundry Features: Laundry Room
Listing ID: 72943364
: 1
Price per Square Foot: 632.7
MLS Status: Under Agreement
Last Modified: 2022-05-20T13:17:00.000Z
Original List Price: 2999000
Stories Total: 10
Street Name: Huntington Avenue
Street Number: 820-824
Other Features
Dryer
Gas Water Heater
Washer

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