Address
324 Summit Ave, Boston, MA
Price
$ 1,599,999
Property Attributes
  • MLS#73231759
  • TypeContingent
  • CountySUFFOLK
  • CityBoston
  • AreaBrighton
  • Zip02135
  • Style3 Family
  • Year Built1910
  • Taxes$ 15410
  • Price$ 1,599,999
  • Bedrooms8
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2880
  • Lot Size2,614 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description

Incredible opportunity to own a charming brick 3-family investment property in one of Boston's most vibrant neighborhoods. This property offers a fantastic investment opportunity for buyers featuring 3 fully leased apartments with 4 deeded parking spaces and city approval to build a 4th UNIT in the basement! Conveniently situated on the Brighton / Brookline border, prospective buyers will be able to capitalize on seamless access to the Green Line T, Washington Square, Coolidge Corner, Corey Hill Park, Cleveland Circle, Longwood Medical, downtown Boston and an array of other amenities that make this location so desirable for prospective tenants. Boasting an impressive $93,600 annual rent roll with leases running through 8/31/2025, prospective buyers will be able to walk into a turnkey investment with immediate cash flow and lucrative upside to create substantial value for years to come. Schedule a viewing today and seize this rare opportunity to invest in the future of Brighton!

Price History
5/1/2024 Listed $1,599,999

General Features

Sewer Public Sewer
Roof Rubber
Zoning R3
Construction Materials Brick
Year Built 1910
Property SubType 3 Family
Tax Year 2024
Gross Income 93600
Community Features Public Transportation,Shopping,Pool,Tennis Court(s),Park,Walk/Jog Trails,Medical Facility,Laundromat,Bike Path,Highway Access,House of Worship,Private School,Public School,T-Station,University
County Suffolk
Net Operating Income 93600
Property Type Residential Income
Contingency Pending P&S
Garage Y/N No
Total Rooms 14
Status Contingent
Directions Commonwealth Avenue to Summit Avenue
City Boston
Disclosures City approvals to build a 4th unit in the basement. Buyers to perform their own due dilligence
Senior Community Y/N No
Total Units 3
MLS Area Brighton
Lot Size Square Feet 2824
Waterfront Y/N No
Street Name Summit Ave
Year Built Details Actual
Tax Annual Amount 15410
Home Warranty Y/N No
Building Area Units Square Feet
Standard Status Active Under Contract
Year Built Source Public Records
Tax Assessed Value 1413800
Total Actual Rent 7800
Compensation Based On Gross/Full Sale Price
Sub-Agency Relationship Offered No

Interior Features

Total Stories 6
Fireplace Y/N No
Full Baths 3
Total Bedrooms 8
Total Baths 3

Exterior Features

Parking Features Off Street
Lot Features Other
Water Source Public
Total Parking 4
Lot Size Area 0.06
Foundation Details Other
Spa No
Building Area Total 2880
Lot Size Acres 0.06
Lot Size Units Acres
Road Frontage Type Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 02135

Price
AVG $290K
$1.6M
Taxes
AVG $6,114
$15,410
Visits
AVG 94
90
Data Provided by Inside Real Estate®
Year Built
AVG 1925
1910

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