Great investment opportunity at The Hillcrest, this four-story brick building offers a substantial almost 14,000 square feet of living space on a 0.32-acre lot. The property comprises 16 residential units, providing 15 two-bedroom units and 1 one-bedroom unit and 16 parking spaces. Each unit is equipped with electric heating, simplifying maintenance by eliminating the costs associated with traditional heating systems. Residents benefit from off-street parking, with almost one space available per unit. The building's proximity to Roslindale Village station and multiple MBTA Bus routes ensures convenient access to the wider Boston. The current cap rate is over 5%, with potential for revenue enhancements through possible rent increases.
This home has been viewed 23 times
Last Updated: March 17th, 2025 at 4:38am
Gross Income: $0
Gross Expenses: $30,406
Net Income Calc: $-30,406
CAP Rate: -0.51%
Annual Expenses for 237 Cummins Hwy, Boston MA 02131
Total Gross Expenses (Calculated)$30,406/year
APOD Available
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$30,406
Annual Income & Unit Breakdown for 237 Cummins Hwy, Boston MA 02131
Total Gross Income (Calculated)$0
Unit 1
Rental Income
Lease
Bedrooms
Bathrooms
Floor
Levels in Unit
HeatingNo
Rent Includes
General Information for 237 Cummins Hwy, Boston MA 02131
Listing ID73344870
Property TypeMulti Family / 5+ Family
Price$5,999,999
Style
CityBoston
CountySuffolk
MLS AreaRoslindale
Neighborhood(s)
Approximate Living Area Total13,800 SqFt
Approximate Lot Size (Acres)0.32 acres
Total Parking16
Garage Parking
Year Built1970
Year Built Source
Year RenovatedN/A
Year Built Details
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot Features
Foundation Area
Foundation Description
Accessible Features
Outdoor Space
ZoningA
Zoning DetailsLegal Conforming
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Interior Features for 237 Cummins Hwy, Boston MA 02131
Disclosures for 237 Cummins Hwy, Boston MA 02131
Lead Paint
UFFI
Living Area Includes Basement
Living Area Disclosure
Building Area Source
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$54,087
Total Gross Income By Broker$368,688
Total Net Income By Broker$314,601
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation1%
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Location Information for 237 Cummins Hwy, Boston MA 02131
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaRoslindale
Area Amenities
Contact Information for 237 Cummins Hwy, Boston MA 02131