4 Summer St, Hyde Park, MA 02136

6 Multifamily Properties Offered at $10,950,000 in Multiple Locations

Asking Price $10,950,000

Property Type
Multifamily
Square Feet
35,315 SF

Listing Contacts

Mike Kuritnik
Mike Kuritnik

Property Overview

Six individual properties ranging between three and six units each. The properties have a combined NOI of $714,890.31 for a Portfolio Cap Rate of 6.5%. Individual property rent rolls and profit/loss statements are included upon registration.
--- Individual Property Details Below ---
8-10 Elizabeth: A solid 6-unit investment property that underwent notable updates in 2014. Key renovations include the installation of new vinyl windows, sturdy vinyl siding, modern kitchens, and a durable new roof. For added safety and compliance, the property has been deleaded. Its location stands out, being in close proximity to the train station, which is a huge draw for potential tenants seeking commuting convenience. The property boasts a reliable forced hot air heating system, ensuring efficient warmth during colder seasons. 8-10 Elizabeth presents a balanced blend of location, recent upgrades, and practicality. This is a strategic acquisition for investors wanting to secure a property with tangible value, both in terms of infrastructure and location. Consider 8-10 Elizabeth for a stable addition to your real estate portfolio. Don't miss this opportunity to invest in a property that promises consistent returns.
159 Townsend: a 6-unit complex comprising 2 attached three-family dwellings. Each side is updated with 200 amp electrical service and modernized interiors. The oversized units promise comfortable living, while individual 40-gallon water heaters in each unit ensure ample hot water supply. Benefit from the durable PVC plumbing installed throughout. Each unit is individually metered for electricity, promoting ease in utility management for both owner and tenants. The location and updates underline its value, making it a solid and attractive investment.
4 Summer: Six 3-bedroom units, each with separate living and dining areas. The property is well-suited for a condo conversion. Recent updates include repaired roof and windows, ensuring reduced maintenance concerns. Each unit is equipped with laundry connections compatible with gas dryers. The building utilizes a gas forced hot air system for heating. With its straightforward features and potential for conversion, 4 Summer St is a practical investment option in multifamily real estate.
109 Devon: A 3-unit building advantageously positioned near the commuter rail in Grove Hall. All units are currently occupied with room for potential rent increases. The building's plumbing was updated consisting of copper and PVC. Heating is supplied efficiently through a hot water gas boiler powering baseboards. This property, with its proximity to transportation and essential upgrades, offers a straightforward investment opportunity for both seasoned and new real estate investors.
108 Harold: located in the desirable Washington Park, is a sturdy brick structure that has undergone key maintenance to ensure its longevity. Recent upgrades include brick repointing and roof repairs. The natural gas steam boiler has also seen updates to extend mechanical life. With its current full occupancy, this property demonstrates consistent rental appeal. However, there remains potential for rent increases, presenting a further revenue opportunity for the prospective investor. Its prime location in Washington Park enhances its value, making it an attractive addition to any real estate portfolio. This building, with its blend of location, recent upgrades, and solid rental history, represents a tangible investment prospect in a sought-after neighborhood. Consider 108 Harold St for a strategic and worthwhile property acquisition.
41 Harold: A stable investment opportunity in the heart of Washington Park. This property is fully occupied, showcasing a track record of steady rent, with the potential for further increases. Each oversized unit consists of 4 bedrooms, with updated plumbing and electrical systems in place, ensuring low maintenance and tenant satisfaction. Notably, the property comes with renovated porches that enhance both its aesthetic and functional appeal. An additional income stream can be realized through the laundry facilities located in the basement. Given its location and features, 41 Harold St is positioned as a practical investment for those seeking consistent returns from a property with proven performance and room for growth.

All available spaces

Space
Size
7,521 SF
Space Subtype
Multifamily
Space
Size
6,522 SF
Space Subtype
Multifamily
Space
Size
6,105 SF
Space Subtype
Multifamily
Space
Size
4,037 SF
Space Subtype
Multifamily
Space
Size
3,006 SF
Space Subtype
Multifamily
Space
Size
8,124 SF
Space Subtype
Multifamily

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