324 Summit Ave Boston MA 02135 MLS #73231759

324 Summit Ave
Boston, MA, 02135
$1,599,999
8 Beds
3 Baths
2,880 SqFt
0.06 Acres
$1,599,999
324 Summit Ave
Boston, MA, 02135
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!

Property Details

Price:
$1,599,999
MLS #:
73231759
Status:
Active Under Contract
Beds:
8
Baths:
3
Address:
324 Summit Ave
Type:
Multi Family
Subtype:
3 Family
City:
Boston
Listed Date:
May 1, 2024
State:
MA
Finished Sq Ft:
2,880
ZIP:
02135
Lot Size:
2,824 sqft / 0.06 acres (approx)
Year Built:
1910
Units:
3

Schools

Interior

Bathrooms
3 Full Bathrooms

Exterior

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
Construction Materials
Brick
Parking Features
Off Street
Parking Spots
4
Roof
Rubber

Financial

Buyer Agent Compensation
2.0%
Net Operating Income
$93,600
Tax Year
2024
Taxes
$15,410
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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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Courtesy of Block Realty. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
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324 Summit Ave
Boston, MA