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157-167 Delhi Street, Boston, MA 02126

$5,400,000
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Pending
BEDS33 BATHS18 full SQUARE FEET15,744 MLS#73451014
STATUSPending PROPERTY TYPEMulti Unit - Multiple

Property Description

The Delhi Apartments are comprised of three contiguous six-unit apartment buildings. The asset boasts an impressive $46,211 monthly rent roll ($554,528 annual) giving an investor a tremendous opportunity to acquire a stable, cash-flowing deal that has been professionally managed for over 15 years. The properties are comprised of (15) two bedroom/one bathroom units and (3) one bedroom/one bathroom units. Each building features separate gas fired boilers, central hot water, separate electric meters and coin-op washer & dryer. Significant improvements have been made to the units and buildings during the current ownership. Two separate driveways provide access to the parking lot in the rear of the property. The property is located less than 3/4 of a mile from the Morton Street rail station on the MBTA Commuter Rail, which provides easy access to North Station and downtown Boston.

157-167 Delhi Street | MLS# 73451014

This multi-family property located at 157-167 Delhi Street, Boston, MA 02126 is currently listed for sale with an asking price of $5,400,000. Search Boston real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Heating: Baseboard, Natural Gas
Lot Size: 0.69 Acres
Roof Type: Rubber
Stories: 3.0
Taxes: $30,412
Year Built: 1930

Feature Descriptions

Building Area Total: 15744
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, House of Worship, T-Station
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 170
Dwelling Type: 5+ Family - 5+ Units Side by Side
Electric: Circuit Breakers
Exterior: Frame
Flooring: Wood, Tile, Vinyl, Carpet
HeatingY/N: 1
Lot Features: Other
Parking Features: Off Street
Parking Total: 18
Rent Includes: Unit 1(Water, Hot Water), Unit 2(Water, Hot Water)
Rooms Total: 69
Sewer: Public Sewer
Units: 18
Utilities: for Electric Range
Water: Public

Listed By / Shown By

Listed By

Agency Name: Marcus & Millichap Real Estate Investment Services
Agency Phone: 617-896-7200
Agent Name: Tony Pepdjonovic

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Estimated Payment

$ 16,127.39 per month $12,018.06 Principal & Interest $2,534.33 Property Tax $1,575.00 Homeowner's Insurance

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