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    161 Blue Hill Ave Boston, MA 02119

    Sponsored
    For Sale
    $599,900

    Boston income property, strong lease in place.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional investment opportunity presents a prime commercial property located at 161 Blue Hill Avenue in Boston, Massachusetts. The property encompasses approximately 860 square feet of space situated on a 915 square foot lot. Currently, the property is under a 10-year lease agreement, initiated in 2018, which provides a consistent income stream for the investor. A key feature of this lease is the inclusion of annual rent increases, ensuring a steady growth in rental income over the lease term. Furthermore, the lease agreement includes options, offering potential for long-term stability and future growth. This property is ideal for investors seeking a stable, income-generating asset in a desirable Boston location. The property's compact size and established lease make it a low-maintenance investment with significant potential for return. Given the strong lease terms and the property's location, this represents a compelling opportunity for savvy investors looking for a secure and profitable addition to their portfolio. The asking price for this exceptional investment property is $599,900. Serious inquiries are encouraged.

    Property Features for 161 Blue Hill Ave

    General Information

    Property type
    Other commercial real estate
    Lot Size
    871 SF

    Building Details

    Year Built
    1925
    Property Profile Location Intelligence

    Current Use by Public Records

    Blue Hill House ... Pizza Restaurant

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Boston
    County
    Suffolk
    State
    Massachusetts
    Longitude
    -71.07794
    Latitude
    42.31931

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    FAQs

    What type of property is this?
    Commercial real estate - Boston income property, strong lease in place.
    Where is this commercial real estate located?
    The property is located at 161 Blue Hill Ave Boston, MA.
    What is the asking price?
    The asking price for this property is $599,900.
    (617) 340-9770
    Request Owner's contact information
    161 Blue Hill Ave Boston, MA 02119
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    Boston, MA 02119
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    161 Blue Hill Ave Boston, MA 02119
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