535 Newbury Street
535 Newbury Street
535 Newbury Street
535 Newbury Street
535 Newbury Street
535 Newbury Street
535 Newbury Street
535 Newbury Street
535 Newbury Street
535 Newbury Street
535 Newbury Street
535 Newbury Street
535 Newbury Street
535 Newbury Street
535 Newbury Street
535 Newbury Street
535 Newbury Street
535 Newbury Street
535 Newbury Street
535 Newbury Street
535 Newbury Street
535 Newbury Street
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$4,660,000

535 Newbury Street

8 Beds 7 Baths 4,594 Sq.Ft.

Description

Very rare opportunity to purchase a gut renovation six-family rowhouse, fully leased and 100% turn key! Construction was recently completed and included new windows, central HVAC with air conditioning in each unit, new plumbing, new electrical and designer finishes throughout. Highlights include chef's kitchens with quartz counters, professional style Fisher & Paykel appliances, gas cooking, contemporary cabinetry, designer baths with large format floor and wall tiles, hardwood flooring, custom closets and in-unit laundry. The buildings common areas are redone while retaining original details including stained and leaded glass. Superior life safety with sprinkler and fire alarm systems. 3 car surface parking accessed from the rear alley. All units are leased through mid 2023 with gross income eclipsing $264,000 annually. Pro-Forma Available.

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Location

535 Newbury Street, Boston, MA 02115

Status

Sold

Property Amenities

Interior
Laundry room Washer Hookup
Appliances Unit 1(Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer), Unit 2(Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer), Unit 3(Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer), Unit 4(Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer), Utility Connections for Gas Range, Utility Connections for Electric Dryer
Flooring Tile, Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors), Unit 3(Hardwood Floors), Unit 4(Hardwood Floors)
Total Bedrooms: 8
Full Bathrooms: 7
Other Interior Features Unit 1(Stone/Granite/Solid Counters), Unit 2(Stone/Granite/Solid Counters), Unit 3(Stone/Granite/Solid Counters), Unit 4(Stone/Granite/Solid Counters), Unit 1 Rooms(Kitchen, Living RM/Dining RM Combo), Unit 2 Rooms(Kitchen, Living RM/Dining RM Combo), Unit 3 Rooms(Kitchen, Living RM/Dining RM Combo), Unit 4 Rooms(Kitchen, Living RM/Dining RM Combo)
Area & Lot
Lot Area 1,948 Sq.Ft.
Living area 4,594 Sq.Ft.
MLS® ID 73041752
Year Built 1904
Status Sold
Exterior
Stories 12
Air conditioning Unit 1(Central Air), Unit 2(Central Air), Unit 3(Central Air), Unit 4(Central Air)
Heat type Unit 1(Forced Air, Gas), Unit 2(Forced Air, Gas), Unit 3(Forced Air, Gas), Unit 4(Forced Air, Gas)
Water Source Public
Sewer Public Sewer
Parking Off Street
Lot Features Zero Lot Line
Roof Rubber
Utilities for Gas Range, for Electric Dryer, Washer Hookup
Finance
Sales Price $4,660,000
Real Estate Tax $15,434 yearly

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The Residential Group at William Raveis Real Estate is a team of experienced agents, specializing in the sale of urban dwellings and new construction/renovation properties in Metropolitan Boston. They are consistently ranked among the top sales teams at William Raveis Real Estate and top teams in all of Massachusetts.