1851 Commonwealth Ave Boston MA 02135 MLS #73234428

1851 Commonwealth Ave
Boston, MA, 02135
$2,375,000
12 Beds
7 Baths
4,957 SqFt
0.13 Acres
$2,375,000
1851 Commonwealth Ave
Boston, MA, 02135
Gourgeous mulifamily in Prime Location right on Commionwealth ave in Brighton!!!Rare Opportunity for a developer and savvy investor! Mixed Use Property — just approved by ZBA to convert to 6 residential units.Currently, Property is 3 Residential: 1) 4bd/2bath + 2) 3bd/1ba – No Changes needed, each have separate entrances, 3) 1bd/1ba.ZBA approval to convert 7 existing offices + 1bd to additional 4 Units. ZBA approved for 4 parkings spots. There is also a self-standing garage. Room for additional parking (currently, 10 cars fit).Approved Plans ?attached.Recent Capital Improvements: New ?Designer Siding done in 2023 (vinyl shingles).Property has been well maintained by non-corporate owner.Ideal location. Close to Boston University, Boston College, steps to Cleveland Circle and St. Elizabeth Hospital, 5 min to MassPike.Incredible opportunity to own a Multi-Family house with substantial post-construction income upside.

Property Details

Price:
$2,375,000
MLS #:
73234428
Status:
Active
Beds:
12
Baths:
7
Address:
1851 Commonwealth Ave
Type:
Multi Family
Subtype:
5-9 Family
City:
Boston
Listed Date:
May 7, 2024
State:
MA
Finished Sq Ft:
4,957
ZIP:
02135
Lot Size:
5,796 sqft / 0.13 acres (approx)
Year Built:
1910
Units:
6

Schools

Interior

Bathrooms
7 Full Bathrooms
Flooring
Wood
Laundry Features
Gas Dryer Hookup, Washer Hookup

Exterior

Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/ Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Public School, T- Station
Construction Materials
Frame
Parking Features
Paved Drive, Off Street, Paved
Parking Spots
8

Financial

Buyer Agent Compensation
1%
Net Operating Income
$176,081
Tax Year
2024
Taxes
$15,428
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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1851 Commonwealth Ave
Boston, MA