Great investment opportunity with about 6% cap rate Location-Location! A truly exceptional opportunity awaits you with this rarely available 2 family rowhouse on Commonwealth Avenue. Situated just 0.1 miles away from MBTA Green line (B) Washington St T-stop and 0.3 miles away from Whole Foods, variety restaurants and shops. This brick home is very special and it's much larger than it looks from the outside. Unit A is a 6 bed, 3 bath, 3 parking off street spaces rented $6220 and it features a private deck, large living room, high ceilings, decorative fireplace, eat-in kitchen and gorgeous layout with two floor levels. Unit B is a 2 bed, 1 bath with 1096 Sq. Ft. rented $2400. The both units have separate gas heat & electric meters. Total rent is $8620 per month. Easy commute to Boston University, Boston College, Northeastern University, Longwood Area, downtown and much more. Don’t miss your chance to secure this remarkable investment property. Low maintenance and very low operating costs
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Last Updated: March 17th, 2025 at 4:48am
Gross Income: $103,440
Gross Expenses: $11,225
Net Income Calc: $92,215
CAP Rate: 6.15%
Annual Expenses for 1524 Commonwealth Ave, Boston MA 02135
Total Gross Expenses (Calculated)$11,225/year
APOD AvailableNo
Heating$0
Electricity$0
Water$0
Gas$0
Insurance$0
Sewer$0
Trash Removal$0
Repair & Maintenance$0
Management$0
Miscellaneous$0
Real Estate Tax$11,225
Annual Income & Unit Breakdown for 1524 Commonwealth Ave, Boston MA 02135
Total Gross Income (Calculated)$103,440
Unit 1
Rental Income6220
LeaseY
Bedrooms6
Bathrooms3 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water)
Unit 2
Rental Income2400
LeaseY
Bedrooms2
Bathrooms1 Full
Floor0
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water)
General Information for 1524 Commonwealth Ave, Boston MA 02135
Listing ID73344359
Property TypeMulti Family
Price$1,499,900 ($450.29/SqFt)
Style
CityBoston
CountySuffolk
MLS AreaBrighton
Neighborhood(s)
Approximate Living Area Total3,331 SqFt
Approximate Lot Size (Acres)0.05 acres
Total Parking3
Garage Parking
Year Built1885
Year Built SourcePublic Records
Year RenovatedN/A
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsBrick
Lot Features
Foundation Area
Foundation DescriptionBrick/Mortar
Accessible Features
Outdoor Space
ZoningR2
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy FeaturesBox/Bay/Bow Window(s)
Terms
Interior Features for 1524 Commonwealth Ave, Boston MA 02135
Disclosures for 1524 Commonwealth Ave, Boston MA 02135
Lead Paint
UFFI
Living Area Includes BasementYes
Living Area DisclosureThe public records indicates 2284 SqFt Total livin
Building Area SourceMeasured
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$103,440
Total Net Income By Broker$103,440
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2%
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Location Information for 1524 Commonwealth Ave, Boston MA 02135
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaBrighton
Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Public School, Shopping, Park, Medical Facility, Bike Path, Public Transportation, T-station, Private School, University
Contact Information for 1524 Commonwealth Ave, Boston MA 02135