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22340876
22340877

1 Linden St, Boston, MA 02134

CV
MA MA 9552815
Newmark - Boston
JA
MA MA 9028884
Newmark - Boston
Listed by Newmark - Boston
$3,800,000
59 days on market
Updated 59 days ago

1 Linden Street

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,800
Net Rentable (SqFt) 3,800
Units 7
Cap Rate 6.73%
NOI $255,745
Occupancy 100%
Pro-Forma Cap Rate 7.48%
Pro-Forma NOI $284,337
Price per SqFt $1,000
Class B
Year Built 1910
Year Renovated 2021
Buildings 1
Stories 4
Lot Size (SqFt) 1,488
Parking Spaces 2 spaces
Parking Per SqFt 0.53
Investment Type Value Add
Ownership Fee Simple

Multifamily | 7 Units + Billboard

Marketing description

Newmark is pleased to present a prime investment opportunity in the thriving Allston, MA market: a fully leased 7-unit apartment building with an income-generating billboard secured by a long-term lease. This property offers strong cash flow, diverse revenue streams, and is situated in one of Boston’s most in-demand rental neighborhoods.

Investment highlights

Fully Leased Through September 2026: The 7 residential units are occupied, providing immediate and stable rental income.

High-Visibility Billboard with Long-Term Lease: The billboard atop the building generates additional passive income, adding a unique and reliable revenue stream.

Prime Location in Allston, MA: A dynamic rental market with proximity to Boston University, Harvard Business School, public transit (MBTA Green Line & major bus routes), shopping, dining, and entertainment hubs.

Strong Investment Potential: Ideal for 1031 exchange buyers, passive investors, and long-term holders looking for a property with multiple income sources.

Consistent Cash Flow with Upside Potential: The combination of residential rental income and billboard lease revenue enhances stability and long-term appreciation.

Listing Contacts

CV
MA MA 9552815
Newmark - Boston
JA
MA MA 9028884
Newmark - Boston
Listed by Newmark - Boston

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$255,745.00
$21,312.08/mo

Valuation Metrics

0
DSCR
6.73%
Cap Rate
6.73%
ROI

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Additional Information

Name
Casey Valente
License
MA 9552815
Brokerage
Newmark
Brokerage Address
225 Franklin Street
Name
Joseph Alvarado
License
MA 9028884
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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