60 E Springfield St
Boston, MA 02118
Sold Price: $5,120,000
List Price: $5,600,000
Sold Date: Jan 31, 2020
Number of Units: 6
Type: Multi-Unit Residential
Beautiful Corner Brick South End Brownstone for sale with 6 units! 5 Residential units and 1 commercial space PAYING 6689.14 + NNN PER MONTH IN ADDITION TO RESIDENTIAL UNITS occupied by a cafe is available for purchase in completely finished, renovated and operational condition. This building has fantastic potential for a new buyer with a built in clientele of medical tenants at Boston Medical Center right across the street. Fantastic opportunity for short term furnished rentals to maximize profit for the people coming from all over the world for medical attention. Minimal expenses for the owner with all units being heated & cooled by Mitsubishi ductless systems. The commercial space is 5 years into a 10 year lease and pays NNN fees of 40.55% of the buildings expenses and PAYING RENT OF 6689.14 per month in rent.
Property Features
Directions: Directly Across the street from Boston Medical Center
Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University, Other (See Remarks)
Basement Description: Interior Access, Concrete Floor, Unfinished Basement
Unit 1 Features: BEDROOMS: 1, FULL BATHS: 1, HALF BATHS: 0
Unit 2 Features: BEDROOMS: 2, FULL BATHS: 1, HALF BATHS: 0
Unit 3 Features: BEDROOMS: 2, FULL BATHS: 1, HALF BATHS: 0
Unit 4 Features: BEDROOMS: 2, FULL BATHS: 1, HALF BATHS: 0
Utilities: for Electric Range
Parking Description: On Street Permit
Lot Size in Sq. Ft.: 1, 331
Energy Features: Insulated Windows, Insulated Doors
Property SubType: 5-9 Family
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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 program only provides an estimate.
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MLS PIN data last updated at January 27, 2021 1:31 PM ET