Listed by Compass Boston
$2,300,000
94 WALNUT AVE BOSTON MA 02119-1915
Details
APN 1200708030
Property Type Multifamily
Square Footage 7,812
Net Rentable (SqFt) 7,812
Units 8
Cap Rate 8.12%
NOI $186,656
Occupancy 100%
Tenancy Multi
Rent Bumps No
Pro-Forma Cap Rate 8.74%
Pro-Forma NOI $201,066
Price per SqFt $294
Class C
Year Built 1899
Buildings 1
Stories 3
Lot Size (SqFt) 1,405
Investment Type Core
Sale Condition For sale by owner
8.1% Cap, 100% Leased with Market Rental Upside
Marketing description
8 Unit Multifamily Deal in Roxbury, MA
8.1% CAP rate with additional proven upside available for the next buyer
Investment highlights
- 8 Total Units ranging from 1 Bed to 5 Beds
- Significant Upside on the 4 Bed ($2,950 -> $3,800) and 5 Bed Unit ($3,536 -> $3,950)
- High Cap Rate (8.1%) with 5% Vacancy Factor Applied
- $104,545/Bed
- Located just .3 Miles from Dudley/Nubian Square Bus Terminal and with 1 Mile of the Roxbury Crossing Orange Line Station
Listing Contacts
Listed by Compass Boston
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$186,656.00
$15,554.67/mo
Valuation Metrics
0
DSCR
8.12%
Cap Rate
8.12%
ROI
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