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535 Newbury Street

Boston, MA 02115
  • $5,295,000
  • STATUS: Active
  • MLS #: 72998368
UPDATED: 55 min ago
$5,295,000
  • 8
    BEDS
  • 0.04
    ACRES
  • 7
    BATHS
  • 0
    1/2 BATHS
  • 4,594
    SQFT
  • $1,153
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1904
County:
Area:

School Ratings & Info

Listing courtesy of The Residential Group of William Raveis R.E. & Home Services.

Description

Very rare opportunity to purchase a gut renovation six-family rowhouse, fully leased and 100% turn key! Construction was just completed and included new windows, central HVAC with air conditioning in each unit, new plumbing, new electrical and designer finishes throughout. Highlights include chef's kitchens with quartz counters, professional style Fisher & Paykel appliances, gas cooking, contemporary cabinetry, designer baths with large format floor and wall tiles, hardwood flooring, custom closets and in-unit laundry. The buildings common areas are redone while retaining original details including stained and leaded glass. Superior life safety with sprinkler and fire alarm systems. 3 car surface parking accessed from the rear alley. All units are leased through mid 2023 with gross income eclipsing $264,000 annually. Open House Friday (6/17) from 12-1:30PM.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2022-07-06T12:11:44.927.
www.livecharlesgate.com/homes/129881385
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535 Newbury Street Boston, MA 02115

  • Price: $5,295,000
  • Status: Active
  • On Site: Days
  • Updated: 55 min ago
  • MLS #: 72998368
8
Beds
7
Baths
0
½ Baths
0.04
Acres
4,594
SQFT
$1,153
$/SQFT
1904
Built
Neighborhood:
Back Bay
County:
Suffolk
Area:
Back Bay
Property Description
Very rare opportunity to purchase a gut renovation six-family rowhouse, fully leased and 100% turn key! Construction was just completed and included new windows, central HVAC with air conditioning in each unit, new plumbing, new electrical and designer finishes throughout. Highlights include chef's kitchens with quartz counters, professional style Fisher & Paykel appliances, gas cooking, contemporary cabinetry, designer baths with large format floor and wall tiles, hardwood flooring, custom closets and in-unit laundry. The buildings common areas are redone while retaining original details including stained and leaded glass. Superior life safety with sprinkler and fire alarm systems. 3 car surface parking accessed from the rear alley. All units are leased through mid 2023 with gross income eclipsing $264,000 annually. Open House Friday (6/17) from 12-1:30PM.
Exterior Features

Beachfront No Exterior Brick Foundation Other (See Remarks) Lot Description Zero Lot Line Parking Features Off-Street Parking Spaces 3 Road Type Public Roof Material Rubber Waterfront Flag No Waterview Flag No

Interior Features

Appliances Unit1 RangeDishwasherDisposalMicrowaveRefrigeratorWasherDryer Appliances Unit2 RangeDishwasherDisposalMicrowaveRefrigeratorWasherDryer Appliances Unit3 RangeDishwasherDisposalMicrowaveRefrigeratorWasherDryer Appliances Unit4 RangeDishwasherDisposalMicrowaveRefrigeratorWasherDryer Basement No Bedrooms Unit1 2 Bedrooms Unit2 2 Bedrooms Unit3 1 Bedrooms Unit4 1 Cooling Unit1 Central Air Cooling Unit2 Central Air Cooling Unit3 Central Air Cooling Unit4 Central Air Cooling Units 6 Cooling Zones 6 Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Fireplaces Unit3 0 Fireplaces Unit4 0 Flooring TileHardwood Floors Unit1 1 Floors Unit2 2 Floors Unit3 3 Floors Unit4 3 Full Baths Unit1 2 Full Baths Unit2 1 Full Baths Unit3 1 Full Baths Unit4 1 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Heat Units 6 Heat Zones 6 Heating Unit1 Forced AirGas Heating Unit2 Forced AirGas Heating Unit3 Forced AirGas Heating Unit4 Forced AirGas Hot Water Natural Gas Interior Features Unit1 Stone/Granite/Solid CountersHardwood Floors Interior Features Unit2 Stone/Granite/Solid CountersHardwood Floors Interior Features Unit3 Stone/Granite/Solid CountersHardwood Floors Interior Features Unit4 Stone/Granite/Solid CountersHardwood Floors Levels 4 Levels Unit1 1 Levels Unit2 1 Levels Unit3 1 Levels Unit4 1 Rooms 17 Rooms Description Unit1 KitchenLiving Rm/Dining Rm Combo Rooms Description Unit2 KitchenLiving Rm/Dining Rm Combo Rooms Description Unit3 KitchenLiving Rm/Dining Rm Combo Rooms Description Unit4 KitchenLiving Rm/Dining Rm Combo Rooms Unit1 4 Rooms Unit2 4 Rooms Unit3 3 Rooms Unit4 3

Property Features

Amenities Public TransportationShoppingParkWalk/Jog TrailsMedical FacilityBike PathConservation AreaHighway AccessHouse Of WorshipPrivate SchoolPublic SchoolT-StationUniversity Apod Available No Assessments 1405500.00 Disclosure No Disclosures Unit 6 is A 3Room 1Bed/1Bath Leased For $3200/Month. 3 Parking Spaces At The Rear Of The Building Also Leased Taw For $300/Month Each. Tenants Pay All Utilities including Water/Sewer. Gross Operating Income 264900 Lead Paint Unknown Lease Unit1 Y Lease Unit2 Y Lease Unit3 Y Lease Unit4 Y Lender Owned No Multifamily Type 5-9 Family Net Operating Income 215700 Rent Unit1 4325 Rent Unit2 4150 Rent Unit3 3200 Rent Unit4 3200 Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Disclosures Per Architect. Includes All 4 Floors Of The Building. Sq Ft Includes Basement No Sq Ft Source Other Tax Year 2022 Taxes 15433.88 Utility Connections For Gas RangeFor Electric DryerWasher Hookup Water City/Town Water Year Built Description Approximate Year Built Source Public Record Year Round Yes Zoning H-4

Listing information © 2022 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of The Residential Group of William Raveis R.E. & Home Services.


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2022-07-06T12:11:44.927.
 
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Charlesgate Realty Group
867 Boylston Street, Fl 3
Boston MA, 02116
Listing courtesy of The Residential Group of William Raveis R.E. & Home Services.