80 Litchfield St Boston, MA
$8,495,000
Acres 0.21
Description
Discover an exceptional investment opportunity with this 16-unit brick building and 2-family property located in one of Boston's most sought-after neighborhoods in Brighton. Featuring a diverse mix of layouts, the units in the brick building offer efficient floor plans and private balconies while the two units in the adjacent 2 family offer large, spacious units designed to attract a variety of tenants. A rare advantage of this property is the dedicated parking spaces available for each unit, making it highly desirable in an urban setting. The prime location ensures easy access to public transportation and the dynamic commercial growth along Western Ave, along with shopping, dining, and entertainment, ensuring strong occupancy rates and consistent demand. Well-maintained and requiring minimal upkeep, this building not only offers durability but great upside rent potential. With Boston's growing rental market, this property presents excellent potential for appreciation and cash flow.
Listed by Coldwell Banker Realty - Belmont, Team McShane Team
Details
MLS 73302663
Status Active
Price $8,495,000
DOM 56 days
Type Commercial
Lot Size 0.21 acres
Year Built 1960
Lot & Building Features
Tax Year 2024
Taxes Paid $56,400
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Financing
$
6.75%
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$
$
per month
Principal & Interest
Monthly Taxes
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.