This property sold for 4.0% below the original asking price.
The property spent 63 days on market before selling.
About this home
This is an amazing Investment opportunity for a 8 unit building in Beacon Hill. Fully rented. Annual rent is $300,000 and annual expenses are $51,729. The building has been meticulusly maintained and shows pride of ownership. Many systems have been replaced and many are brand new. The building is professionaly managed. This makes for a perfect 1031 exchange or simply a blue chip real estate investment. Rents are way below market and could increase up to 6,000 per month on the next rental cycle.
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Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.