About 237 Cummins Hwy
Great investment opportunity at The Hillcrest, this four-story brick building offers a substantial almost 14,000 square feet of living space on a 0.32-acre lot. The property comprises 16 residential units, providing 15 two-bedroom units and 1 one-bedroom unit and 16 parking spaces. Each unit is equipped with electric heating, simplifying maintenance by eliminating the costs associated with traditional heating systems. Residents benefit from off-street parking, with almost one space available per unit. The building's proximity to Roslindale Village station and multiple MBTA Bus routes ensures convenient access to the wider Boston. The current cap rate is over 5%, with potential for revenue enhancements through possible rent increases.
Features of 237 Cummins Hwy
MLS® # | 73344870 |
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Price | $5,999,999 |
Bathrooms | 0.00 |
Square Footage | 13,800 |
Acres | 0.32 |
Year Built | 1970 |
Type | Commercial Sale |
Status | Active |
Community Information
Address | 237 Cummins Hwy |
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Area | Roslindale |
City | Boston |
County | Suffolk |
State | MA |
Zip Code | 02131-3723 |
Amenities
Utilities | Public Water, Public Sewer |
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Parking Spaces | 16 |
Is Waterfront | No |
Has Pool | No |
Interior
Fireplace | No |
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Additional Information
Zoning | A |
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Listing Details
Agent | Daniel S. Lee |
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Office | Boston Plex |