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    OFF-MARKET
    Commercial real estate

    58 Greendale Rd, Boston, MA 02126

    5,712 SF
    Property ID
    US38-1021119
    Property summary
    AI-generated overview

    This exceptional six-unit apartment building located at 58 Greendale Road, Mattapan, MA 02126, presents a compelling value-add investment opportunity. Situated on a 6,165 square foot lot, the property boasts a total of 5,712 square feet of living space, spread across a three-story building. Each of the six units features three bedrooms and one bathroom. Currently operating at 100% occupancy, a rent roll is available upon request. The property is being sold "as is," with showings available by appointment. Significant updates have already been made, including new heating systems in all units and renovations in most. Many units have been updated. This turnkey investment is priced at $1,900,000 and is zoned for residential use (Res). The property's strong occupancy rate and existing improvements make it an attractive prospect for investors seeking immediate cash flow and potential for future appreciation. This is a rare opportunity to acquire a well-maintained multifamily property in a desirable Boston location.

    Property profile
    Verified
    Property type Commercial real estate
    Total area 5,712 SF
    UPID US38-1021119
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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