Prime Investment Opportunity on Blue Hill Ave! Seize the chance to transform this 3-unit multifamily property on Blue Hill Ave, Boston, MA, offering a rare blend of immediate rental income and significant renovation potential. Featuring 9 bedrooms and 3 bathrooms across 3,231 sq ft, this property is ideal for developers and investors seeking to capitalize on the area’s strong rental demand and equity-building opportunities. Key Features: Current Income: Two units are occupied by paying tenants on month-to-month leases, generating combined $5,500 per month. Tenants have been notified of the sale and served their 30-day notice to vacate. The new owner can choose to retain the tenants or move forward with vacant possession. Flexible Potential: Each unit offers spacious layouts, perfect for attracting future tenants or tailoring to multi-family living arrangements. As-Is Sale: The property is sold as-is, with probate proceedings currently underway.
Property Details
Price:
$900,000
MLS #:
73319593
Status:
Pending
Beds:
6
Baths:
3
Address:
857 Blue Hill Ave
Type:
Multi Family
Subtype:
3 Family
City:
Boston
Listed Date:
Dec 12, 2024
State:
MA
Finished Sq Ft:
3,231
Total Sq Ft:
3,231
ZIP:
02124
Lot Size:
2,569 sqft / 0.06 acres (approx)
Year Built:
1910
Units:
3
Schools
Interior
Bathrooms
3 Full Bathrooms
Exterior
Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/ Jog Trails, Public School, T- Station, University
Construction Materials
Frame
Parking Features
Off Street
Financial
Tax Year
2024
Taxes
$8,669
Map
Community
- Address857 Blue Hill Ave Boston MA
- CityBoston
- CountySuffolk
- Zip Code02124
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Courtesy of Maron Realty. 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.
857 Blue Hill Ave
Boston, MA
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