Price Reduced 5.26%

$5,400,000 ($342.99 per sqft)

Est. Mortgage $25,901/mo *

Quick Pre-Approval

157-167 Delhi Street, Boston, MA, 02126

157-167 Delhi Street, Boston, MA, 02126

69 rooms

33 beds

18 Full baths

1930

15,744 sqft

The Delhi Apartments are comprised of three contiguous six-unit apartment buildings. The asset boasts an impressive $46,211 monthly rent roll ($554,528 annual) giving an investor a tremendous opportunity to acquire a stable, cash-flowing deal that has been professionally managed for over 15 years. The properties are comprised of (15) two bedroom/one bathroom units and (3) one bedroom/one bathroom units. Each building features separate gas fired boilers, central hot water, separate electric meters and coin-op washer & dryer. Significant improvements have been made to the units and buildings during the current ownership. Two separate driveways provide access to the parking lot in the rear of the property. The property is located less than 3/4 of a mile from the Morton Street rail station on the MBTA Commuter Rail, which provides easy access to North Station and downtown Boston.


Status:

Active

Type:

Multi-family

Units:

18

Zoning:

.

Heating:

Baseboard, Natural Gas

Levels:

3

Parking:

18-car, Off Street

Acreage:

0.69

Est. Taxes:

$30,412

Assessment

$2,590,600

Construction

Frame

Utilities

for Electric Range

Lot Description:

Other

Amenities:

Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, House of Worship, T-Station

MLS #:

73451014


Community Info

School Info

Walk Score

Mass Transit

Yelp


Listing courtesy of Tony Pepdjonovic, Marcus & Millichap Real Estate Investment Services