Address
18 Highgate St, Boston, MA
Price
$ 8,800,000
Property Attributes
- MLS#73240547
- TypeMulti-Family
- CountySUFFOLK
- CityBoston
- AreaAllston
- Zip02134
- Style5-9 Family
- Year Built2023
- Taxes$ 33819
- Price$ 8,800,000
- Bedrooms32
- Full Bathrooms19
- Half Bathrooms0
- Sqr Footage10035
- Lot Size0.19 Acres
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
18 Highgate Street offers the opportunity to acquire a fully leased, turnkey investment in an exceptional, urban-infill location. 18 Highgate Street consists of a 2023 construction three-story building with nine residential units comprised of three 5-Bedroom/2-Bathroom units, two 4-Bedroom/3-Bathroom units, one 4-Bedroom/2-Bathroom unit, two 2-Bedroom/2-Bathroom units, and one 1-Bedroom/1Bathroom unit. Each of the units features an open layout with new kitchens featuring white custom cabinets, granite countertops, and stainless-steel appliances. The units also have hardwood floors, in-unit laundry, and new individual HVAC heating systems with central air. Additionally, there are six (6) on-site private garage spaces, and a Bike Storage room. The location also benefits from its proximity to the several universities including Northeastern University, Boston University, Boston College, Harvard University, and MIT, all of which are both located within 3 miles of the Property.
| Price History | |
|---|---|
| 5/20/2024 | Listed $8,800,000 |
General Features
| Interior Features | Storage |
|---|---|
| Sewer | Public Sewer |
| Heating | Central |
| Cooling | Central Air |
| Roof | Rubber,Metal |
| Appliances | Washer,Dryer |
| Zoning | A |
| Garage Spaces | 6 |
| Year Built | 2023 |
| Electric | Individually Metered |
| Property SubType | 5-9 Family |
| Tax Year | 24 |
| Gross Income | 643560 |
| Community Features | Public Transportation,Shopping,Medical Facility,Highway Access,Private School,Public School,T-Station,University |
| County | Suffolk |
| Net Operating Income | 565442 |
| Operating Expense | 78118 |
| Property Type | Residential Income |
| Garage Y/N | Yes |
| Total Rooms | 50 |
| Status | Active |
| Directions | Please use GPS |
| City | Boston |
| Disclosures | The total monthly rent is $52,810. $32,767 is the maximum input allowed by MLS. Interior Photos are renderings. |
| Senior Community Y/N | No |
| NumberOfUnitsTotal | 9 |
| MLS Area | Allston |
| Lot Size Units | Acres |
| Lot Size Square Feet | 8276 |
| Waterfront Y/N | No |
| Year Built Details | Actual |
| Tax Annual Amount | 33819 |
| Home Warranty Y/N | No |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Year Built Source | Public Records |
| Tax Assessed Value | 3072900 |
| Total Actual Rent | 32767 |
| Compensation Based On | Net Sale Price |
| Sub-Agency Relationship Offered | No |
Interior Features
| Basement | Full |
|---|---|
| Total Stories | 7 |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Full Baths | 19 |
| Total Bedrooms | 32 |
| Total Baths | 19 |
Exterior Features
| Lot Features | Other |
|---|---|
| Water Source | Public |
| Lot Size Area | 0.19 |
| Foundation Details | Block |
| Spa | No |
| Building Area Total | 10035 |
| Lot Size Acres | 0.19 |
| Covered Spaces | 6 |
| Road Frontage Type | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 02134
Price
Taxes
Visits
Year Built
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IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed. © 2024 State-Wide Multiple Listing Service. All rights reserved.
