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    OFF-MARKET
    Commercial real estate

    4945 Washington St, Boston, MA 02132

    50,000 SF 0.94 ac lot Built 2020
    Property ID
    US38-0433810
    Property summary
    AI-generated overview

    This exceptional 48-unit apartment building, completed in 2020, presents a compelling investment opportunity in Boston's desirable West Roxbury neighborhood. The property boasts 50,000 square feet of living space spread across two, four-story buildings situated on a 0.94-acre lot. Offering 60 parking spaces, the complex benefits from a LI Legal Conforming zoning designation. Its prime location provides convenient access to shops, restaurants, parks, and excellent schools, making it attractive to families and professionals. The contemporary design features sleek exteriors and well-maintained landscaping. Each of the 48 units is generously sized and finished with modern amenities. Given Boston's robust housing market, this property represents a strong investment with significant potential for future growth. The asking price is $21,000,000. This turnkey opportunity offers immediate income generation and long-term appreciation potential in a highly sought-after area. The property's modern construction and desirable location combine to create a truly exceptional investment prospect.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 2020
    Total area 50,000 SF
    Lot 0.94 ac (40,946 SF)
    UPID US38-0433810
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Fran house Apartment Building
    • Albert J Todesca & Son Garden Center Hardware & Home Improvement
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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