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33756973
31223180

1107, 1109, 1111, 1113, 1115 Harrison Ave, Roxbury, MA 02119 For Sale

RC
MA 134301, CT 0754987 (+3)
United Multi Family Corporation
Listed by United Multi Family Corporation
$5,500,000
117 days on market
Updated 29 days ago

15 units in Roxbury MA

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 14,688
Net Rentable (SqFt) 11,064
Units 15
Cap Rate 4.39%
NOI $241,614
Occupancy 100%
Pro-Forma Cap Rate 5.84%
Pro-Forma NOI $320,970
Price per SqFt $374
Year Built 1890
Buildings 1
Lot Size (SqFt) 4,610
Investment Type Value Add

Five attached three families that could be sold separately in the future

Marketing description

The property offers 11,064 SF of rentable space across 15 two-bedroom units, featuring spacious and functional layouts that support comfortable residential living. The asset consists of brick three-family homes with off-street parking and an additional vacant lot, providing durable low-rise construction and potential flexibility for future use or expansion. Located in Roxbury, the property benefits from a neighborhood experiencing ongoing development, with access to local amenities and services. Current rents average approximately $2,113 per month, below market levels of around $2,800 per month, presenting near-term rent growth potential. The property is currently operational with existing occupancy, offering a turnkey investment opportunity with immediate income generation.

Investment highlights

• 11,064 SF rentable space / 15 two-bedroom units with spacious layouts: Offers substantial multifamily space with functional, comfortable living units.

• Brick three-family homes with off-street parking & vacant lot: Low-rise, durable construction with tenant convenience and optional flexibility for future use or expansion.

• Roxbury location with neighborhood development: Situated in a part of Boston experiencing ongoing development, with access to local amenities and services.

• Strong rent growth potential: Current rents average $2,113/month, below the market rate (~$2,800/month), allowing near-term income upside.

• Turnkey investment potential: Operational with existing occupancy, allowing for immediate income generation with minimal additional work.

Listing Contacts

RC
MA 134301, CT 0754987 (+3)
United Multi Family Corporation
Listed by United Multi Family Corporation

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$241,614.00
$20,134.50/mo

Valuation Metrics

0
DSCR
4.39%
Cap Rate
4.39%
ROI

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