About 1851 Commonwealth Ave
Gourgeous mulifamily in Prime Location right on Commionwealth ave in Brighton!!!Rare Opportunity for a developer and savvy investor! Mixed Use Property -- just approved by ZBA to convert to 6 residential units.Currently, Property is 3 Residential: 1) 4bd/2bath + 2) 3bd/1ba - No Changes needed, each have separate entrances, 3) 1bd/1ba.ZBA approval to convert 7 existing offices + 1bd to additional 4 Units. ZBA approved for 4 parkings spots. There is also a self-standing garage. Room for additional parking (currently, 10 cars fit).Approved Plans ?attached.Recent Capital Improvements: New ?Designer Siding done in 2023 (vinyl shingles).Property has been well maintained by non-corporate owner.Ideal location. Close to Boston University, Boston College, steps to Cleveland Circle and St. Elizabeth Hospital, 5 min to MassPike.Incredible opportunity to own a Multi-Family house with substantial post-construction income upside.
Features of 1851 Commonwealth Ave
MLS® # | 73234428 |
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Price | $2,375,000 |
Units | 6 |
Bedrooms | 12 |
Bathrooms | 7.00 |
Full Baths | 7 |
Square Footage | 4,957 |
Acres | 0.13 |
Year Built | 1910 |
Type | Residential Income |
Sub-Type | 5-9 Family |
Status | Active |
Community Information
Address | 1851 Commonwealth Ave |
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Area | Brighton |
City | Boston |
County | Suffolk |
State | MA |
Zip Code | 02135-5428 |
Amenities
Utilities | for Gas Range, for Gas Dryer, Washer Hookup |
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Parking Spaces | 8 |
Parking | Paved Drive, Off Street, Paved |
# of Garages | 2 |
Is Waterfront | No |
Has Pool | No |
Interior
Fireplace | No |
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# of Stories | 7 |
Additional Information
Zoning | RC |
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Gross Income | $208,800 |
Net Operating Income | $176,081 |
Operating Expense | $32,719 |
Insurance Expense | $1,955 |
Total Actual Rent | $17,400 |
Listing Details
Agent | Ella Goren |
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Office | Sunrise Realty & Investment LLC |