Stabilized Roxbury four-unit building with 12 total bedrooms and tons of upside from a rent income standpoint. Property will generate $10,856 based on approved rents. Currently generating $9,600 per month w/ two underperforming units that are occupied by long-term tenants. Limited CapEx to eclipse $13k+ per month in rent income (e.g. fresh paint, new fixtures). Expected low vacancy and high appreciation potential based on market trends, local development, and zoning overlay that promotes new/improved housing (Neighborhood Design Overlay District: Roxbury). The allure of this property is tons of living area square footage and a small, low-maintenance lot that essentially covers only the footprint of the building. There are two 4bd/1br units that both have two levels of living space and two 2bd/1br units that both have internal access to a full, unfinished basement. Capitalize on this functional multifamily with untapped potential that’s set on a dead-end way in the heart of the city.
Property Details
Price:
$1,850,000
MLS #:
73349690
Status:
Active
Beds:
12
Baths:
4
Address:
1 Copeland Park
Type:
Multi Family
Subtype:
4 Family
City:
Boston
Listed Date:
Mar 25, 2025
State:
MA
Finished Sq Ft:
5,888
Total Sq Ft:
5,888
ZIP:
02119
Lot Size:
2,780 sqft / 0.06 acres (approx)
Year Built:
1900
Units:
4
Schools
Interior
Appliances
Range, Dishwasher, Refrigerator, Freezer, Oven
Bathrooms
4 Full Bathrooms
Cooling
Window Unit(s)
Flooring
Carpet, Hardwood, Stone / Slate, Tile
Heating
Other
Exterior
Community Features
Public Transportation, Shopping, Park, Golf, Medical Facility, Laundromat, Conservation Area, House of Worship, Private School, Public School, T- Station, University
Construction Materials
Frame
Exterior Features
Rain Gutters, Varies per Unit
Roof
Slate, Rubber
Financial
Tax Year
2025
Taxes
$10,107
Map
Community
- Address1 Copeland Park Boston MA
- CityBoston
- CountySuffolk
- Zip Code02119
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Courtesy of Coldwell Banker Realty – Milton. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
1 Copeland Park
Boston, MA
LIGHTBOX-IMAGES
