18 Highgate Street offers the opportunity to acquire a fully leased, turnkey investment in an exceptional, urban-infill location. 18 Highgate Street consists of a 2023 construction three-story building with nine residential units comprised of three 5-Bedroom/2-Bathroom units, two 4-Bedroom/3-Bathroom units, one 4-Bedroom/2-Bathroom unit, two 2-Bedroom/2-Bathroom units, and one 1-Bedroom/1Bathroom unit. Each of the units features an open layout with new kitchens featuring white custom cabinets, granite countertops, and stainless-steel appliances. The units also have hardwood floors, in-unit laundry, and new individual HVAC heating systems with central air. Additionally, there are six (6) on-site private garage spaces, and a Bike Storage room. The location also benefits from its proximity to the several universities including Northeastern University, Boston University, Boston College, Harvard University, and MIT, all of which are both located within 3 miles of the Property.
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Last Updated: June 22nd, 2024 at 4:42am
Highway Access
Public School
Shopping
Medical Facility
Public Transportation
T-station
Private School
University
General Information for 18 Highgate St, Boston, Massachusetts 02134
Property TypeResidential Income
Property Sub TypeMulti Family
Price$8,575,000
Price per sqft$854.51
MLS #73240547
Handicap Access / FeaturesNo
List Date2024-05-20
Special Listing Conditions
StateMassachusetts
Street NameHighgate St
CityBoston
Zip Code02134
CountySuffolk
MLS Status
Covered Parking Spaces6
Heating Y/NYes
Heating System
Heat Zones
Sold Date
Property Sub TypeMulti Family
Building Area SourcePublic Records
Building Area Total10035
Building Area Units0
CarportNo
Close Date
Close Price$0
Covered Parking Spaces6
Listing Service
UnparsedAddress18 Highgate St, Boston MA 02134
Zoning
Interior Features for 18 Highgate St, Boston, Massachusetts 02134
* Approx. Living Area Total10,035 sq ft
Living Area Includes BasementNo
Bedrooms32
* # Fireplaces0
Bathrooms (Total)19
Full Baths19
* # Half Baths0
* # Rooms
Basement
Heating System
Appliances
Electric
Living Area Disclosure
Living Area Includes BasementNo
Door Features
ElectricYes
Electric$0
MLS Area (Major)Allston
MLSPIN_BEDRMS_11
MLSPIN_BEDRMS_24
MLSPIN_BEDRMS_35
MLSPIN_BEDRMS_42
MLSPIN_FLRS_1
MLSPIN_FLRS_2
MLSPIN_FLRS_3
MLSPIN_FLRS_4
MLSPIN_F_BTHS_11
MLSPIN_F_BTHS_23
MLSPIN_F_BTHS_32
MLSPIN_F_BTHS_42
MLSPIN_GRE$78,118
MLSPIN_HTE$0
MLSPIN_H_BTHS_10
MLSPIN_H_BTHS_20
MLSPIN_H_BTHS_3 0
MLSPIN_H_BTHS_40
OffMarketDate
Exterior Features for 18 Highgate St, Boston, Massachusetts 02134
* Approximate Lot Size0.19 acres
Covered Parking Spaces6
Lot FeaturesOther
* Parking Spaces0
* Sewer Utilities
* Water Utilities
* Year Built2023
Year Built Details
Year Built SourcePublic Records
Construction Materials
Exterior Features
Foundation Area
Foundation MaterialsBlock
Approx. Street Frontage
Horse PermittedNo
Horse Amenities
Parking Features
Utilities
Lot Size (Square Feet)8,276 Sqft
Disclosures for 18 Highgate St, Boston, Massachusetts 02134
Buyer Agent Compensation1.5%
Contingency
Financing
Disclosures
Documents Available
Exclusions
MLSPIN_COMP_BASED_ONNet Sale Price
MLSPIN_COOP_COMP
MLSPIN_DISCLOSUREN
Lead PaintNone
Living Area Disclosure
Living Area Includes BasementNo
Facilitator Compensation0
TransactionBrokerCompensationType
BuyerAgencyCompensationType%
Financial Information for 18 Highgate St, Boston, Massachusetts 02134
Assessed Value
Real Estate Tax$0
Tax Year
Financial Data Source
Gross Income$643,560
Insurance Expense$0
MLSPIN_LEASE_1
MLSPIN_LEASE_2
MLSPIN_LEASE_3
MLSPIN_LEASE_4
MLSPIN_LEVELS_11
MLSPIN_LEVELS_21
MLSPIN_LEVELS_31
MLSPIN_LEVELS_41
MLSPIN_MGF$0
MLSPIN_MSE$0
MLSPIN_RENT13295
MLSPIN_RENT26495
MLSPIN_RENT36995
MLSPIN_RENT44395
MLSPIN_RFS$0
MLSPIN_RME$0
MLSPIN_SOLD_PRICE_PER_SQFT$0
NetOperatingIncome$565,442
OperatingExpense$78,118
OriginalListPrice$8,800,000
RENT_FEE_INCLUDES
TOTAL_RENT32767
WaterSewerExpense$0
Lifestyle Information for 18 Highgate St, Boston, Massachusetts 02134
FireplaceYNNo
Frontage Type
GarageYNNo
Waterview
Pool Features
Waterfront Features
Location information for 18 Highgate St, Boston, Massachusetts 02134
Elementary School
Middle School
High School
NumberOfUnitsTotal9
Marketing History for 18 Highgate St, Boston, Massachusetts 02134
MLSPIN_MARKET_TIME_BROKER32
MLSPIN_MARKET_TIME_PROPERTY32
PurchaseContractDate
Agent Information for 18 Highgate St, Boston, Massachusetts 02134