47 Englewood Ave, Boston, MA 02135
6 Unit Apartment Building | $4,500,000 ($750,000/Unit) | 5.44% Cap Rate | Boston, MA 02135
For Sale
Active
- Date Added:
- September 16, 2024
- Days on Market:
- 2 days
Asking Price $4,500,000
- Property Type
-
Multifamily
- Square Feet
- 8,224 SF
Listing Contacts
Dennis Kelleher
Verified Profile
- Property Info
Property Overview
Horvath & Tremblay is pleased to present the exclusive sale of the multifamily investment property located at 47 Englewood Avenue in Brighton, Massachusetts (the “Property”). Located in Brighton’s Cleveland Circle neighborhood, 47 Englewood Avenue offers convenient access to Cambridge, Downtown Boston, both Boston College and Boston University, several T Stations (Green Line – Englewood Avenue Station 0.1-miles & Chestnut Hill Avenue & Reservoir Station 0.3 Miles) and the Boston Landing MBTA Station (Framingham/Worcester Line). Adding to the area’s appeal is the proximity to schools, highways, entertainment venues, retailers, and restaurants. 47 Englewood Avenue offers the opportunity to acquire a well-located asset in one of the strongest real estate markets in a region that is poised for future growth. 47 Englewood Avenue consists of a four-story building with six (6) residential units comprised of three (3) 3-Bedroom/2-Bathroom units and three (3) 2-Bedroom/1-Bathroom units with 6,168 square feet of living area in 8,224 square feet of gross area, on a 0.08-acre parcel. The building was completely renovated in 2022 and features condo quality finishes throughout. The units feature newer kitchens and bathrooms with stainless steel appliances, white cabinets with tile backsplashes, quartz countertops, dishwashers, hardwood and tile floors throughout, upgraded bathrooms with high end finishes, digital programmable thermostats, crown molding, central air-conditioning, and in-unit washers and dryers. Additionally, the building features covered porches for three of the units and is separately metered for electricity, heat & air-conditioning, hot water (tankless), and domestic water and sewer.
Property Details
- Class
- B
- Year Built/Renovated
- 1910/2022
- Stories
- 4
- Lot Size (sq. ft)
- 3,485 SF
- Units
- 6
Highlights
- Desirable Asset with Rent Growth
- Dynamic Brighton Location
- Transit Oriented Location
- Strong Demographics
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