44 Cummings Rd, Boston

$3,590,000

22 Beds
9 Baths
7,192 Sqft
.11 Acres
0 Garages

INVESTMENT OPPORTUNITY- located on the Brookline/Brighton line just outside Cleveland Circle this 5 unit brick building consists of three 5-bedroom / 2 bath units, one 4-bedroom / 2 bath unit and one 3-bedroom / 1 bath unit. The kitchens are fully equipped with stainless steal appliances, granite counter tops, and cherry wood cabinets. The 2 bathrooms per apartment with exception of the 3 bedroom unit have been completely renovated as well. The total monthly rent is $18,500 or $222,0000 per year with a Net Operating Income around 200K. With a very strong rental history this property makes for great investment or 1031 exchange. Fully leased though August 31st, 2019 with 3/5 units extended through August 31, 2020.(complete financials will be attached to MLS documents). Walking distance to both B & C - MBTA Green lines. The common area coin-op laundry can be found in the basement that has 10ft of ceiling height with room for the possibility of storage space or additional expansion.

Essential Information
MLS® #72500136
Price$3,590,000
Bedrooms22
Bathrooms9.00
Full Baths9
Square Footage7,192
Acres0.11
Year Built1900
TypeMulti-Family
Sub-Type5+ Family - 5+ Units Up/Down
StatusActive
Community Information
Address44 Cummings Rd
SubdivisionBrighton
CityBoston
CountySuffolk
StateMA
Zip Code02135
Listing Details
AgentKevin Lehrer
OfficeBoston's Best Realty
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