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Archived over 4 years ago

$690,000

8+ bd 2 ba 3900 sqft

45 greenbriers st, Boston, MA 02124

Residential Duplex Occupied Needs Repairs Off MLS

Current Rent **

$7,225

Projected Rent **

N/A

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Posted By:

Kyle Daddieco

Unit 1 Details
  • Current Rent: $3,000
  • Bedroom: 3 bd
  • Bathroom: 1 ba
  • Square Footage: 1500 sqft
  • Occupied: Yes
  • Needs Repairs: Yes
  • Off MLS: Yes
Unit 2 Details
  • Current Rent: $4,225
  • Bedroom: 5+ bd
  • Bathroom: 1 ba
  • Square Footage: 2400 sqft
  • Occupied: Yes
  • Needs Repairs: Yes
  • Off MLS: Yes

Buy and hold opportunity

Looking for an investment property with high-income rental potential? This Oversize 2 family with 9 large bedrooms, 2 baths 2 tandem parking 3,900 sq property is for you! The current rent is below market value. Property for both units can be delivered vacant. 1st unit current rent $1,400 (friend discount) has 3 beds, a market rent of $3,000 month. 2nd floor ( owners unit) has 6 beds, a market rent of $ 4,225. This property is an AS-IS condition.

Down below you can copy and paste the link and it will direct you to the Boston housing website that will give you the payment standards for this property ( Boston - Dorchester 02124) and other cities.

https://www.bostonhousing.org/BHA/media/Documents/Leased%20Housing/BHA-3-BR-Payment-Standards-Eff-01012020_1.pdf

https://www.bostonhousing.org/BHA/media/Documents/Leased%20Housing/BHA-6-BR-Payment-Standards-Eff-01012020_1.pdf

Want more info please call 617-592-9038

Location:

45 greenbriers st, Boston, MA 02124

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.