Capital Realty Group, LLC
The Mezini Team, Capital Realty Group, LLCPhone: (508) 801-7122
Email: [email protected]
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listing
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MultifamilySold
List Price $1,399,000
Sold Price $1,360,000
16 Armstrong St
Boston, MA 02130
Courtesy of Coldwell Banker Realty - Dedham - Barrie Naji
MLS Property Information Network
10Beds
5Baths
3,930Sq Ft
Est. Mortgage
$7,321/mo

PERFECT, RARE OPPORTUNITY for INVESTORS & Owners. Nicely Remodeled, Updated 3-Family in Desirable Jamaica Plain Currently getting below market rents with a Potential 6%-7%+ CAP rate. Potential Income $115k+++ Separate electrical & gas meters, SOLID building, Great street, Great location. Close to Stony Brook & Jackson Square T stations, minutes to downtown Boston. Live in one unit, rent the others (has great tenants who would like to stay if possible) - or convert into condos. Two units are certified lead treated. EXTRA Yard/Lot Included! Combine the first Floor and Basement into one Huge unit with TONS of space. So Many Possibilities! Unit 2 is vacant & can be shown with notice & proof of funds. Buildings this NICE are rarely available in JP! Rentals expected to rise in 2021. Priced to sell quickly re: 1031 Exchange.

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Information courtesy of Coldwell Banker Realty - Dedham is subject to verification and is not guaranteed.
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