33 Ridgemont St, Boston, MA 02134
This three-unit apartment building at 33 Ridgemont St, Boston, MA 02134, is a prime investment opportunity. The property boasts a total of 3,679 square feet and features three three-bedroom units, ideal for families or young professionals. Two of the three units underwent complete renovations in 2022, offering modern kitchens and bathrooms, hardwood floors, and updated amenities. The first-floor unit enjoys a private entrance, while the second and third-floor units share a common entrance. The building includes convenient common laundry facilities. Currently fully leased until August 31, 2025, this property provides immediate cash flow. Its excellent location offers easy access to public transportation, being just five minutes from the B-line train. Residents also enjoy proximity to Allston Village, the Mass Pike, Harvard Business School, Cambridge, and Soldier's Field Road. The asking price is $1,899,999. This is a rare opportunity to acquire a well-maintained, high-demand multifamily property in a thriving Boston neighborhood. The owner is motivated and open to negotiations. This three-story building presents a strong return on investment for discerning buyers.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
2 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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