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33337377

2 Locations

DP
MA MA 423847
North Shore Realty Advisors
Listed by North Shore Realty Advisors
$1,850,000
2 days on market
Updated 2 days ago

Cabot Street Portfolio

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 6,094
Units 6
Cap Rate 5.03%
NOI $93,103
Occupancy 100%
Tenancy Single
Rent Bumps No
Pro-Forma Cap Rate 5.57%
Pro-Forma NOI $103,000
Price per SqFt $304
Class B
Year Built 1900
Year Renovated 2023,2024,2025
Buildings 2
Lot Size (SqFt) 9,566
Zoning R6
Parking Spaces per unit
Investment Type Stabilized

335 & 335R Cabot Street turnkey package

Investment highlights

335 Cabot Street consists of a two-story multifamily property totaling approximately 4,165± gross square feet and comprising four (4) residential units, including one (1) two-room studio and three (3) one-bedroom apartments, all recently renovated and/or gut rehabbed. The property also features off-street parking for approximately 4–5 vehicles. Also included is 335R Cabot Street, a separately situated two-story single-family residence totaling approximately 1,929± gross square feet and 819± square feet of living area on a 6,190± square foot lot. The home features two (2) bedrooms and one-and-a-half (1.5) bathrooms. It has been fully renovated within the past five years, including modern systems such as an electric mini-split system for heat and central air conditioning, in-unit laundry, and an unfinished basement for storage. Additional features include a private side yard and dedicated two-car driveway parking.

Listing Contacts

DP
MA MA 423847
North Shore Realty Advisors
Listed by North Shore Realty Advisors

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$93,103.00
$7,758.58/mo

Valuation Metrics

0
DSCR
5.03%
Cap Rate
5.03%
ROI

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Additional Information

Name
Dan Pouladian
License
MA 423847
Brokerage
North Shore Realty Advisors, In.
Brokerage Phone
6175487737
Brokerage Address
23 Ida Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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