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$ 2,850,000
$ 3,075,000 7.3%
Est. payment /mo
Sold on 05/06/2025
7 Wenham St Boston, MA 02130
15 Beds
8 Baths
5,312 SqFt
UPDATED:
Key Details
Sold Price $2,850,000
Property Type Multi-Family
Sub Type 4 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,312 sqft
Price per Sqft $536
MLS Listing ID 73354533
Bedrooms 15
Full Baths 8
Year Built 1900
Annual Tax Amount $19,599
Tax Year 2025
Lot Size 5,662 Sqft
Property Sub-Type 4 Family
Property Description
The Wenham Street Multifamily comprises (1) three bedroom / two bathroom & (3) four bedroom / two bathroom units. Tenants are responsible for their electric and gas, and water/sewer is newly submetered for rebilling on future leases. The Wenham Street Multifamily has undergone a complete renovation and is a turnkey/new construction property. The Wenham Street Multifamily boasts condo quality finishes, an in-unit laundry, and outdoor space. It is near numerous shops, restaurants, and public transit.The Wenham Street Multifamily provides an investor the opportunity to acquire a turn-key property with the ability to raise rents to market levels and potentially convert the fourth floor unit from a three bedroom to a four bedroom unit, adding to potential market upside.Pro Forma Income $232,800 Pro Forma Expenses $36,474 Pro Forma NOI $193,205 Pro Forma Cap Rate 6.28%
Location
State MA
County Suffolk
Area Jamaica Plain
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Hardwood
Exterior
Exterior Feature Rain Gutters, Sprinkler System
Community Features Sidewalks
Roof Type Shingle
Building
Lot Description Other
Story 10
Foundation Stone
Sewer Public Sewer
Water Public, Individual Meter
Listed by Northeast Private Client Group, LLC
Bought with Tim McGeary • Northeast Private Client Group, LLC
Bought with Tim McGeary • Northeast Private Client Group, LLC
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