Price Reduced 6.07%

$3,095,000 ($652.95 per sqft)

Est. Mortgage $14,845/mo *

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820-824 Huntington Ave, Boston, (Mission Hill), MA, 02115

820-824 Huntington Ave, Boston, (Mission Hill), MA, 02115
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19 rooms

10 beds

4 Full / 2 Half baths

1920

4,740 sqft

Now offered at $3,095,000. Prime Mission Hill mixed-use investment, corner lot steps to the Longwood Medical Area (LMA) & universities. This fully stabilized 6-unit asset generates $186,694 in NOI, offered at a compelling 6.0% CAP RATE. The commercial income is de-risked by two long-term leases with contractual rent escalations. The anchor market tenant’s lease is extended to 2031 and includes a tax-stop clause, protecting ownership from future expense growth. Significant upside exists via strategic residential renovations to attract high-income LMA professionals from the new lab facility next door. Future potential to add a premium roof deck with skyline views (full stair/headhouse access in place). A proven cash-flow performer in an A+ transit-oriented location. Full Offering Memorandum available upon request. Do not disturb tenants. Showings by appointment only.

Status:

Active

Town:

Boston

Type:

Multi-family

Units:

6

Zoning:

NS

Basement:

Full

Levels:

5

Acreage:

0.04

Est. Taxes:

$18,349

Assessment

$1,123,700

Lot Description:

Corner Lot

Amenities:

Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, Public School, T-Station, University

MLS #:

73413517

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Kirsten Mceleney, KM Real Estate Group 781-347-8843