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.
Listed By
Agency Name: Marcus & Millichap Real Estate Investment Services
Agency Phone: 617-896-7200
Agent Name: Tony Pepdjonovic
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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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
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.